By Seun Ibiyemi
The Central Bank of Nigeria (CBN) has warned banking customers to safeguard their financial information by never sharing their Personal Identification Numbers (PINs), passwords, and other sensitive banking details with anyone.
The apex bank gave the advice in a post on its official X handle as the world observes Global Money Week 2026, a global campaign promoting financial literacy and consumer protection.
According to the CBN, customers should remain vigilant and avoid disclosing confidential banking details, even to individuals claiming to be bank officials.
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“Protect your money by protecting your information. As we mark Global Money Week 2026, remember: your PINs, passwords, and banking details should never be shared with anyone, not even someone claiming to be from your bank. Stay alert. Stay safe,” the bank said.
The apex bank noted that the warning was necessary due to increasing cases of fraud and scams targeting unsuspecting customers.
Fraudsters, it said, often impersonate bank officials through phone calls, text messages, or emails in an attempt to trick customers into revealing sensitive information that can be used to access their bank accounts.
Global Money Week is an annual international initiative aimed at raising awareness on financial literacy, responsible money management, and consumer protection.
The campaign is observed worldwide, including in Nigeria, with this year’s activities focusing on safe banking practices and protecting consumers from financial scams.
