RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Banking

CBN Alerts Public to Surge in Fraudulent Messages Impersonating the Bank

Victoria Attah by Victoria Attah
July 3, 2026
in Banking
Reading Time: 2 mins read
A A
0
CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Central Bank of Nigeria (CBN) has issued a strong warning to Nigerians about a rising wave of scam messages and communications falsely claiming to originate from the apex bank.

In a statement signed by Hakama Sidi-Ali, Acting Director of Corporate Communications, the CBN said fraudsters are using emails, text messages, and online posts to deceive people and steal their personal and financial information.

AlsoRead

CBN Tightens Oversight on Fintechs with New Ultimate Beneficial Ownership Directive

Wema Bank Temporarily Suspends X (Twitter) Activities Over Surge in Fake Accounts

CBN Aims to Bring N2.83 Trillion Cash Back into Banking System by 2028

The bank noted that these deceptive messages often urge recipients to click suspicious links or provide sensitive details under false claims about bank policies, leadership, or licensing matters. The goal is usually to gain access to bank accounts and siphon funds.

Common Scams Highlighted

The CBN also drew attention to other prevalent fraud tactics, including:

Online shopping scams, where fake websites mimic legitimate platforms to steal card details.
Investment scams, promising unusually high returns with little or no risk, such as fake cryptocurrency schemes and Ponzi operations.
Identity theft and social engineering, where criminals pose as government officials, colleagues, or distressed relatives to extract confidential information.

Safety Measures Recommended

To protect themselves, the CBN advised the public to:

– Avoid clicking on unverified links
– Never share personal or banking details with unsolicited contacts
– Use strong, unique passwords and enable two-factor authentication
– Shop only from trusted websites with secure ‘https://’ connections
– Regularly check bank statements for unauthorised transactions
– Shred sensitive documents before disposal

Anyone who suspects they have been scammed should immediately contact their bank to secure their account, report the incident to law enforcement agencies such as the EFCC, Nigeria Police, DSS, or ICPC, and change any compromised passwords.

The CBN reaffirmed its commitment to strengthening cybersecurity measures and working with relevant authorities to combat digital fraud, while urging citizens to stay alert and verify all communications before taking action.

Tags: banksCBNCrime
Previous Post

World Bank Approves $1.25 Billion Loan for Nigeria to Drive Private Sector Growth

Next Post

FX Market Liquidity Strengthens Significantly as Daily Turnover Nears $1 Billion

Related News

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Tightens Oversight on Fintechs with New Ultimate Beneficial Ownership Directive

by Jide Omodele
June 22, 2026
0

The Central Bank of Nigeria (CBN) has introduced a significant regulatory requirement for fintech companies and other financial institutions, mandating...

WEMA Bank Job Opening: Head of Credit

Wema Bank Temporarily Suspends X (Twitter) Activities Over Surge in Fake Accounts

by Stephen Akudike
June 8, 2026
0

Wema Bank has temporarily suspended all communications on its official X (formerly Twitter) platform due to a sharp increase in...

$26 Billion for unidentified source passed through Binance-Cardoso

CBN Aims to Bring N2.83 Trillion Cash Back into Banking System by 2028

by Jide Omodele
June 2, 2026
0

The Central Bank of Nigeria (CBN) has announced plans to significantly reduce the amount of cash circulating outside the formal...

Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Bad Loans Climb to 8.03% Following End of CBN Forbearance

by Jide Omodele
June 1, 2026
0

Non-performing loans (NPLs) in Nigeria’s banking industry rose to 8.03% in January 2026, marking a noticeable deterioration in asset quality...

Next Post
Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

FX Market Liquidity Strengthens Significantly as Daily Turnover Nears $1 Billion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

FG Records N13.33bn Revenue Shortfall from Gas Flaring Penalties

FG Plans Massive N5.8 Trillion Treasury Bills Issuance in Q3 2026

July 3, 2026
Dangote Bounces Back, Gains N313.2 Billion in 24 Hours Following Stock Losses

Dangote Refinery Cuts Petrol Price by Another N50 to N1,075 per Litre

July 3, 2026

Popular Story

  • Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

    Dangote Refinery Cuts Petrol Price by N50 as Global Crude Costs Ease

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • Trump to OPEC: ‘Reduce pricing now!’

    0 shares
    Share 0 Tweet 0
  • APM Terminals Celebrates 17th Anniversary of Port Concession Agreement.

    0 shares
    Share 0 Tweet 0
  • FG Cuts Import Duties on Vehicles by 50% Ahead of New Green Tax

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>