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CBN disowns purported $46 billion grant approval

CBN disowns purported $46 billion grant approval

By GhanaSummary NewsroomNigeria

It purportedly bore Mr Cardoso’s signature and stated that CBN had authorised the immediate transfer of $46 billion to the beneficiary’s designated account for the execution of “approved national empowerment and developmental projects.

CBN, in a post on its official X account on Thursday, described the document as “fake” and urged members of the public to disregard it.

The Central Bank of Nigeria (CBN) has disowned a purported document claiming that Governor Yemi Cardoso approved a $46 billion developmental grant to an organisation.

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