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CBN, Bankers’ Committee Flag-Off Fraud Awareness Campaign

The Bankers’ Committee and the Central Bank of Nigeria (CBN) have flagged off a cyber-security and fraud awareness campaign, called ‘Moni Sense,’ as part of their efforts to enlighten customers on the benefits of protecting their bank and other related transaction details from criminals.

With the initiative, the CBN and the Bankers’ Committee aim to ensure Nigerians are empowered with critical information and knowledge necessary to make important financial decisions, enhance economic prosperity and continue to drive poverty reduction across the country.

A statement on the campaign indicated that the CBN and the Bankers’ Committee aims to ensure Nigerians are empowered with critical information and knowledge necessary to make important financial decisions, enhance economic prosperity and continue to drive poverty reduction across the country.

Noting that the incidents of cyber-crime and other financial frauds usually heightens as the year gradually inches to an end, the partners stated that fraud and cyber security awareness was important in ensuring members of the public are informed on their role in protecting their banking information from fraudulent activities.

Commenting on the enlightenment campaign, the Chairman, Financial Literacy and Public Enlightenment Sub-Committee (FLPE), Mr. Emeka Emuwa said: “Fraudsters & scammers continually devise new ways to deceive the unsuspecting public, usually with the aim of luring them to inadvertently disclose confidential bank information.

“We encourage Nigerians to always be cautious and ignore any text message, phone call, or Email asking to update your bank information, provide sensitive bank details, disclose online banking details, debit card numbers or PIN to anyone”, the banker added

Financial literacy and public enlightenment are key components of the Bankers’ Committee mandate and the pursuit is considered crucial in the financial inclusion drive of the apex bank and deposit money banks and others in the country.

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