In a statement posted on its official X (formerly Twitter) handle on Tuesday, the bank said the videos urged unsuspecting individuals to enter into a business relationship with the entity, falsely claiming that the Central Bank of Nigeria (CBN) had approved or endorsed the scheme.

The bank described the videos and accompanying promotional materials as fraudulent, stressing that they have no connection whatsoever with Zenith Bank, its Group Chairman, or any of its affiliates.

According to the statement, the videos, circulated via a Facebook account named “Greece Island,” promised up to ₦2 million in weekly returns on a ₦380,000 investment contribution.

“The video redirects unsuspecting members of the public to an alleged Arise News webpage containing details of the scheme and an embedded registration portal for sign-ups.

“This claim is entirely false and has no connection whatsoever to the Group Chairman, the Bank, or any of its affiliate companies,” the bank stated.

Zenith Bank urged the general public to disregard the fraudulent communications.

It further warned that anyone who engages with the “Greece Island” handle, Wealth Bridge, Delicious site, AfriQuantumX, Stock Market Analyst 1, or any other entity based on the fake videos and images circulated by impostors, does so strictly at his or her own risk.

The post Zenith Bank Warns Public Against Fake Investment Endorsement appeared first on Business Today NG.

Mr. Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds and of ensuring that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.

The post Tinubu Appoints Jim Via As Chairman Of NELFUND appeared first on Business Today NG.