By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

CBN tells applicants to disregard agents, online Schemes

Last updated: October 8, 2020 10:09 pm
6 years ago
Share
1 Min Read
CBN
CBN

No Nigerian is guaranteed automatic access to intervention funds by the Central Bank of Nigeria CBN, and no organization has neither been appointed nor accredited as agent for any investment schemes at Nigeria’s apex bank.

The Acting Director Corporate Communications Osita Nwanisobi made this known in a statement adding that Youths and owners of small scale businesses in Nigeria were particularly advised to disregard fraudulent loan offers and investment schemes on social media purportedly facilitated by the CBN.

Read Also: CBN defends immunity for Governor and actions against Covid-19

Nwanisobi noted that while the apex bank has several development finance intervention programs it does not do so through direct interaction with prospective applicants.

Nigerians were also advised against paying fees on the pretext that organizations are endorsed and guarantee easy access to CBN loans

Anyone applying for loans to mitigate the impact of covid-19 were advised to follow the spelt out procedure for accessing such intervention and seek Clarification from appropriate channels

Editor : Ena AgbanomaI

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print
Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

RSS feed: APO Group – Africa-Newsroom: latest news releases related to Africa APO Group – Africa-Newsroom: latest news releases related to Africa

  • South Africa: Committee Calls for Stronger Action To Ensure Women and Girls Enter and Lead in Science, Technology and Innovation August 24, 2026
  • Economic Community of West African States (ECOWAS) Commission and Commission and the United Nations Office for Disarmament Affairs (UNODA)/United Nations Regional Centre for Peace and Disarmament in Africa (UNREC) Sign Addendum to Strengthen Cooperation on Disarmament and Arms Control August 24, 2026
  • World Health Organization (WHO) Ghana staff retreat renews focus on teamwork, performance and greater health impact August 24, 2026
  • Finance Minister Opens Fifth Session of Ghana–China Joint Commission August 24, 2026
  • Member States Review Progress Towards Regional Economic Integration August 24, 2026

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?