The Central Bank of Nigeria (CBN) has advised loan seekers under its N220 billion micro, small and medium enterprises (MSME) credit to report anybody or financial institution demanding money for application form for the loan to the Department of Development Finance at the apex bank’s Corporate Headquarters in Abuja or any of its branches across the country or any law enforcement organization.
The action, according to a statement by the CBN Director of Corporate Communications, Mr. Ibrahim Muazu, had become necessary because while the application form for the loan remains free, it had come to the notice of the bank that some criminal elements have been going about defrauding unsuspected members of the public, fleecing them of their hard earned monies under the pretense that they would secure loans for them.

Read full details here: https://kalusam./2014/11/04/nigeria-cbn-warns-applicants-for-n220b-msme-fund-against-fraud/