The Central Bank of Nigeria has intensified its campaign against cyber fraud, cautioning Nigerians over a noticeable increase in fake messages and online scams, while at the same time reaffirming the strength and resilience of the nation’s financial system.
In an advisory issued on April 21, 2026, through its spokesperson, Hakama Sidi Ali, the apex bank disclosed that fraudsters are circulating deceptive emails, text messages and online content falsely presented as originating from the institution. The bank explained that these fraudulent communications are deliberately crafted to mislead the public and undermine trust.
According to the CBN, such messages frequently carry false claims about the Bank’s leadership, licensing processes and policy directives. The intention, it noted, is to entice unsuspecting individuals into clicking malicious links or revealing sensitive personal and financial information. The development, rather than signalling any vulnerability, highlights a system that remains alert and proactive in tackling emerging threats.
The apex bank reiterated that it does not request personal or financial information through unofficial channels and urged Nigerians to treat any such requests as fraudulent. It further clarified that its only official digital platform remains its website, www.cbn.gov.ng, in addition to verified communications shared through credible media organisations.
Beyond the public warning, the CBN stressed that it is actively strengthening its cybersecurity architecture in partnership with law enforcement agencies and other relevant institutions. These coordinated efforts are designed to identify, track and neutralise threats before they escalate into serious risks for individuals and the financial system.
The Bank noted that this dual approach, combining public awareness with enhanced institutional safeguards, has become increasingly critical in a digital age characterised by faster, more widespread and interconnected financial transactions.
For millions of Nigerians who rely heavily on digital banking and online financial services, the advisory serves as both a warning and a reassurance. It underscores the need for caution while also highlighting the ongoing measures being implemented to protect users and secure financial operations.
The CBN advised members of the public to steer clear of suspicious links, avoid sharing confidential information online and promptly report any dubious messages, emails or websites to the appropriate authorities. It emphasised that collective vigilance remains essential in disrupting fraud networks and safeguarding the integrity of the financial ecosystem.
Financial analysts have observed that the initiative points to a broader evolution in Nigeria’s regulatory landscape, where cybersecurity is increasingly viewed as a cornerstone of economic stability. By taking proactive steps to mitigate risks and educate citizens, the apex bank is not only shielding financial institutions but also empowering individuals to protect their financial assets.
As cyber threats continue to grow in sophistication, the Bank maintained a firm stance that Nigeria’s financial system is evolving, reinforcing its defences and responding decisively to protect stakeholders.
