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e-Naira: CBN warns of fraud on social media

Stories by Godfrey AKON

The Central Bank of Nigeria, CBN, has urged Nigerians to beware of activities of fraudsters, using social media accounts purported to belong to the apex bank.

The warning comes barely 48 hours after the CBN formally launched the e-Naira, Nigeria’s virtual currency.

The bank said in a statement by its Director of Corporate Communication, Osita Nwanisobi, on Wednesday that following the formal launch of the eNaira on Monday, October 25, 2021, its attention was drawn to criminal and illegal activities of some

individuals and a fraudulent twitter handle, @enaira_cbdc purported to belong to the Bank.

According to the apex bank, the impostor’s handle and fraudulent persons have been posting messages related to the eNaira with the intent of wooing unsuspecting Nigerians with claims that CBN, among other falsities, is disbursing the sum of 50 Billion eNaira currency.

“These impostors are bent on defrauding innocent and unsuspecting members of the public through the links attached to their messages for application to obtain eNaira wallets and become beneficiaries of the said 50 billion eNaira currency.

“For the avoidance of doubt, the Central Bank of Nigeria (CBN) is not the owner of that twitter handle (@enaira_cbdc) and indeed suspended its presence on Twitter following the Federal Government’s ban.

“In effect, the Bank is not disbursing eNaira currency to citizens. To this end, members of the public are hereby warned to be wary of fraudsters who have resolved to take advantage of unsuspecting Nigerians,” it said.

The bank further urged members of the public to always endeavour to seek clarifications on information about the eNaira either by visiting the eNaira website or calling the eNaira contact centre or visiting any CBN Branch nearest to them.

“For clarity, the current official social media handles of the eNaira are: and

Any suspicious activity by members of the public should be reported to the CBN using or to relevant law enforcement agencies.

Please be guided accordingly,” it said.

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