The Central Bank of Nigeria on Sunday described as fraudulent the operations of a fraudulent twitter handle, @YusufPhilipYila, purported to belong to the bank’s Director, Development Finance Department, Mr. Philip Yusuf.

According to CBN’s Director of Corporate Communications, Isaac Okorafor, the impostor handle had been posting messages related to the bank’s N50bn Targeted Credit Facility.

Okoroafor said the fraudster was doing so with the intent of wooing unsuspecting loan seekers and owners of small scale businesses to enter into correspondence with the owner of the fake handle.

The CBN official warned unsuspecting members of the public not to have anything to do with the said Twitter handle.

He said,

Although the CBN, through the NIRSAL Microfinance Bank, has indeed disbursed loans to successful beneficiaries under its COVID-19 Targeted Credit Facility, none of the bank’s official engages in direct interactions with prospective or successful applicants.

Justin Nwosu

Justin Nwosu is the founder and publisher of Flavision. His core interest is in writing unbiased news about Nigeria in particular and Africa in general. He’s a strong adherent of investigative journalism, with a bent on exposing corruption, abuse of power and societal ills.