CBN disowns purported  billion grant approval

CBN disowns purported $46 billion grant approval

The Central Bank of Nigeria (CBN) has debunked a circulated document falsely claiming Governor Yemi Cardoso approved a $46 billion grant. The CBN declared the document, dated August 13, 2026, and addressed to the “Atufeg Empowerment and Development Centre,” as “fake” via its official X account. It warned the public to disregard the purported authorization for fund transfer. This is part of a trend of fake documents circulating on social media.

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