CBN Alerts Nigerians of Scammers’ Plans for eNaira

The Central Bank of Nigeria, CBN, has alerted the Nigerian public on plans instigated by internet scammers and fraudsters to utilise the newly launched eNaira for their ulterior motives.

Just a few days after the launch of the Central Bank Digital Currency, CBDC, Nigeria’s own electronic money, some advertisement and links surfaced online urging citizens to register.

The promotion carried a message stating that the apex bank is doling out fifty billion naira to Nigerians. Of course, CBN denied any links to the false advertising misleading the public to fall into the traps of fraudsters.

Scammers Circulate Fake Messages

The Fraudsters message reads as follows, “Only citizens who download and register for currency wallet will be eligible for the giveaway.”

“The bank never has and would not distribute money to anybody,” Osita Nwanisobi, CBN director of corporate communications, has said during an interview as indicated in a report.

He cited that the bank can only make loans available to those who apply and can be accessed through commercial banks or financial institutions for the slated interest rate.

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