July 24, 2023
Nigeria: No, First Bank Is Not Offering Loans to Nigerian Small Businesses Through This Unverified Facebook Account
IN SHORT: A Facebook page impersonating First Bank promises loans to small businesses in Nigeria. But it's all a scam. Read more »
July 19, 2023
Nigeria: Nigerians, Beware of Facebook Account Impersonating Zenith Bank and Offering Fake Loans
The Facebook page Zenith bank loan plc claims to offer loans to Nigerians. Read more »
June 15, 2023
Nigeria: Beware! Guide 'Against Bank Account Hackers' Is Not From Nigeria's Central Bank
IN SHORT: While the country's main bank would want to protect Nigerians from bank account fraud, a guide purporting to be from it is more likely to get the faithful into trouble. Read more »
April 26, 2023
Kenya: No, Kenya's Inua Jamii Programme Does Not Give Loans - Facebook Account and Page Fake
IN SHORT: Kenyan social media is awash with fake Facebook pages and accounts making bogus offers. This account and page are trying to profit by using the name of a Kenyan… Read more »
April 25, 2023
Kenya: Beware of Yet Another Imposter Facebook Page Offering 'Inua Jamii' Loans
IN SHORT: The Kenyan government aid programme Inua Jamii is frequently impersonated on Facebook, targeting the desperate and vulnerable. This page in the programme's name is… Read more »
February 28, 2023
Africa: No, Pressing the ATM's Cancel Button Won't Prevent Bank Card Fraud
IN SHORT: The claim that pressing the "cancel" button on an ATM up to four times to prevent card fraud has resurfaced online. But it's still incorrect. Read more »
February 24, 2023
Nigeria: No, Nigeria's Central Bank Hasn't Closed Three Digital Banks Amid Cash Crisis
IN SHORT: A shortage of cash has left Nigerians scrambling for alternatives. But the claim that some digital banks are being shut down is false. Read more »
Nigeria: Nigeria's Central Bank to Allow All Old Banknotes to Circulate Until May? No, Press Release Fake
IN SHORT: As Nigeria struggles with a shortage of cash after a swap of old banknotes with new, redesigned currency, a press release seemingly from the central bank says the… Read more »
January 31, 2023
Kenya: Beware of the Facebook Page Impersonating Kenyan Financial Institution
IN SHORT: A Facebook page masquerading as microfinance company Faulu Kenya is offering Kenyans instant loans. But beware - it's not linked to the real institution and may be trying… Read more »
January 27, 2023
Nigeria: No, Nigeria's Central Bank Hasn't Ordered Politicians to Give Old Banknotes to 'Poor Masses'
IN SHORT: A banknote redesign has caused jitters in Nigeria. But it's not true that the Central Bank of Nigeria claimed politicians had stashes of the old currency and demanded… Read more »
January 19, 2023
Kenya: Beware of Facebook Page Impersonating Kenyan Digital Credit Provider
IN SHORT: Facebook users should be wary of offers that sound too good to be true. Unfortunately, what appear to be loans from digital credit provider Zenka Kenya are not… Read more »
January 04, 2023
Nigeria: No, Nigeria's Central Bank Has Not Announced an Extension for the Withdrawal of Old Bank Notes
IN SHORT: The Nigerian senate has asked the country's central bank to extend how long old naira notes would be in circulation. But despite many claims on social media, the bank has… Read more »
December 09, 2022
Kenya: No Evidence That 'Hustler Fund' Defaulters Will Be Jailed
IN SHORT: Borrowers have been flocking to Kenya's low-interest "hustler fund". But a claim on social media that people could be jailed for not repaying the loans on time is not… Read more »
December 08, 2022
Kenya: No, All Kenyans Can Borrow From 'Hustler Fund' - Not Only Those Who Voted for President Ruto
IN SHORT: Is Kenya's "hustler fund" meant to provide cheap loans only for supporters of newly elected president William Ruto? No, the claims on social media are false. Read more »