A post circulating on WhatsApp and Facebook in Nigeria claims that the country’s central bank is disbursing N50 billion to citizens.
But are the details of the N50 billion up for grabs correct?
Typical hallmarks of online scam
The bad grammar in the post raises an immediate red flag. This is unusual in communication associated with a major national organisation.
On the blog, applicants are asked to share the link on WhatsApp to win 50,000 eNaira.
This is an example of engagement bait, commonly used by scams on Facebook to increase the reach of their posts. In most cases, it is a sign an ad is fake.
Read our guide on how to spot Facebook scams here.
‘Fraudsters at work again,’ says CBN
The bank has denied any links to the promotion.
“This is not true and couldn’t have been true. The CBN has never and would not distribute money to anybody,” Osita Nwanisobi, CBN director of corporate communications, told Africa Check.
“We can make loans available to people and they must access the loans through participating banks at the appropriate interest rate.”
“Fraudsters are at work again,” said Isa Abdulmumin, head of media relations at the bank.
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