CBN raises alarm over fraudulent twitter handle, @YusufPhilipYila

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

The CBN’s Director of Corporate Communications, Isaac Okorafor, says the impostor’s handle has been posting messages related to the bank’s N50bn targeted Credit Facility.

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