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CBN Raises Alarm Over Fake Messages, Moves to Strengthen Digital Security

The Central Bank of Nigeria has issued a fresh warning to Nigerians over the rise in fraudulent messages falsely claiming to come from the Bank, as cybercriminals adopt more convincing tactics to deceive the public.

In an advisory released on April 21, 2026, the Bank’s spokesperson, Hakama Sidi Ali, revealed that scammers are circulating emails, text messages, and online content designed to look official.

These messages often contain misleading claims about the Bank’s leadership, licensing processes, or policy decisions, with the aim of luring people into clicking harmful links or giving up sensitive personal information.

The CBN made it clear that it does not request personal or financial details through unofficial channels, urging the public to treat any such communication with suspicion.

It also reiterated that its only verified online platform remains its official website, alongside announcements shared through credible media outlets.

While the warning highlights growing risks in the digital space, the Bank insists it is not on the back foot.

Instead, it says efforts are already underway to tighten its cybersecurity systems, working closely with law enforcement and other relevant agencies to detect and shut down threats before they escalate.

This approach combines public awareness with behind-the-scenes monitoring something experts say is increasingly necessary as financial services become more digital and interconnected.

For everyday users of online banking and digital payment platforms, the message is straightforward: be cautious, but also aware that steps are being taken to strengthen the system.

The Bank is advising Nigerians to avoid clicking on suspicious links, never share confidential information through unverified channels, and report any questionable emails, messages, or websites to the appropriate authorities.

According to the CBN, this kind of collective vigilance plays a key role in disrupting fraud networks and protecting the wider financial system.

Observers note that the move reflects a broader shift in Nigeria’s financial regulation, where cybersecurity is now seen as essential to maintaining trust and stability.

By actively addressing threats while educating the public, the Bank is not only protecting institutions but also encouraging individuals to take responsibility for their own digital safety.

As online scams become more sophisticated, the CBN’s position is clear: the system is evolving, defences are being strengthened, and the fight against financial fraud is ongoing.

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