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Business

CBN Warns Public Over Fake Messages Targeting Bank Account Access

By
Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okaynews.com, reporting on business, technology, and current events with clear, engaging, and timely coverage.
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April 22, 2026 - 11:30 am
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Central Bank of Nigeria headquarters building with the CBN coat of arms displayed on its glass facade in Abuja, Nigeria
The Central Bank of Nigeria headquarters in Abuja.
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ABUJA, Nigeria — The Central Bank of Nigeria (CBN) has warned members of the public about the circulation of fraudulent messages and links designed to gain unauthorised access to personal bank accounts, according to a press release issued on April 22, 2026.

Okay News reports that Hakama Sidi Ali, Acting Director of Corporate Communications at the CBN, said the fraudulent actors are circulating deceptive emails and online messages falsely claiming to originate from or be associated with the institution.

“These fraudulent messages, which prompt recipients to click links, peddle false information about the Bank’s leadership, licensing, and policy issues, and are intended to hack personal accounts,” Sidi Ali stated.

The apex bank clarified that its official website remains the primary channel for verified communication and urged the public to rely only on trusted sources. It advised against clicking suspicious links or sharing sensitive personal information online.

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The alert comes amid a growing wave of cyber threats targeting public institutions in Nigeria. The Corporate Affairs Commission (CAC) recently shut down its online portal for three days between April 17 and April 20, 2026, following a cybersecurity threat. Reports indicated that as many as 25 million documents may have been compromised.

The Nigeria Data Protection Commission launched a formal investigation into the CAC incident, citing risks to sensitive corporate and personal data.

In June 2025, the CBN had earlier warned Nigerian banks and fintech firms to strengthen their cybersecurity frameworks as the industry moved toward open banking. A recent report by the Federal Bureau of Investigation revealed that cybercrime involving artificial intelligence led to losses exceeding $893 million in 2025, with complaints received from more than 200 countries and Nigeria recording 1,219 complaints.

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TAGGED:Bank Account SecurityCBN Fraud AlertHakama Sidi AliNigeria Cybersecurity
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