CBN cautions business owners against fraudulent loan offers, investment schemes | The Guardian Nigeria News - Nigeria and World News

Mr Osita Nwanisobi, CBN Acting Director, Corporate Communications, gave the warning in a statement on Friday in Abuja.

He said that such messages requesting unsuspecting loan seekers and small business owners to apply for loans or investment supposedly facilitated by the bank were fraudulent. “They request unsuspecting loan seekers and owners of small-scale businesses to apply for loans or investment schemes purportedly facilitated by the bank,’’ Nwanisobi said.

“For the avoidance of doubts, there are clearly spelt out procedures for accessing CBN’s intervention funds which are disbursed through Participating Financial Institutions, Development Finance Institutions and Microfinance Banks.

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