Graduate Recruitment: CBN Issues Strong Warning to Young Nigerians, Gives Reason

Graduate Recruitment: CBN Issues Strong Warning to Young Nigerians, Gives Reason

  • Job seekers across the country have been warned against patronising fake online recruitment portals
  • The warning was issued to young Nigerian job seekers by the Central Bank of Nigeria (CBN) on Thursday, April 13
  • According to the Central Bank of Nigeria (CBN), the institution is not currently recruiting or using third parties for such purpose

Nigerians seeking employment in the Central Bank of Nigeria (CBN) have been warned against falling prey to online scammers advertising job applications.

The Punch reports that the apex bank disassociated itself from a fake recruitment portal purportedly hiring employees for the bankers’ bank.

Godwin Emefiele, CBN, Central Bank of Nigeria, recruitment, job seekers
CBN has warned Nigerians against falling victim to online recruitment scammers. Photo: Bloomberg/Contributor
Source: Getty Images

In a statement issued on Thursday, April 13, by the acting director of Corporate Communications, Isa AbdulMumin, the CBN said that the institution is not recruiting currently.

The CBN also urged Nigerians, especially youths across the country not to fall victim to the fraudulent people behind the recruitment scam.

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AdbdulMumin said:

“The attention of the Central Bank of Nigeria (CBN) has been drawn to a fake recruitment portal inviting “eligible” members of the public to submit applications in an exercise that will commence soon.
“The fraudulent website lists requirements for eligibility to include, among other qualifications, the possession of a Bank Verification Number (BVN). The portal goes on to state that those with physical disabilities are not eligible to apply.

He also noted that the CBN will never request for the BVN of intending applicants nor discriminate against persons with physical disabilities.

His words:

“Accordingly, members of the public are hereby warned to be wary of fraudulent recruitment agents bent on taking advantage of the employment challenge to defraud eligible applicants, particularly young graduates. Please be guided accordingly."

CBN to Close Millions of Bank Accounts in Access, UBA, Zenith, First Bank, and Others

CBN is planning to close bank accounts without BVN to clean up the sector and reduce fraud.

BVN is a unique identifier capturing biometric data used to verify customer identities and prevent fraud.

There are 24 commercial banks operating in Nigeria including Access, UBA, Zenith, and other financial institutions that require BVN.

CBN makes adjustments as Naira exchanges at all-time low against US dollar

Meanwhile, in another report, the CBN may have slightly adjusted the official exchange rate of the Naira against the United States dollar.

The Naira has been trading at an all-time low against the dollar, above N463 since the start of Q2 2023.

Naira depreciated against the US dollar across all foreign exchange markets on Wednesday, April 5, 2023.


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