PLATEAU STATE GOVERNOR SEEKS DEEPER SECURITY COLLABORATION WITH NAF. (PHOTOS). #PRESS RELEASE.

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PLATEAU STATE GOVERNOR SEEKS DEEPER SECURITY COLLABORATION WITH NAF In a bid to reinforce internal security and deepen intergovernmental collaboration, the Executive Governor of Plateau State, His Excellency Barrister Caleb Manasseh Mutfwang, on Tuesday, 16 December 2025, paid a courtesy visit to the Nigerian Air Force (NAF) Headquarters, Abuja, where he met with the Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, DFS. The visit underscored the Governor’s commitment to leveraging strategic federal partnerships to address evolving security challenges in Plateau State and the wider North Central region, while conveying the goodwill of the government and people of the state and congratulating the CAS on his appointment as the 23rd Chief of the Air Staff. Governor Mutfwang commended the Nigerian Air Force for its sustained efforts in maintaining peace and responding to security threats in Plateau State, acknowledging the complexity of the operating environment. He noted that...
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BANK OF ZAMBIA EXPRESSED CONCERN OVER IT'S CITIZEN'S PARTICIPATION IN FRAUDULENT FINANCIAL SCHEMES. (PHOTO). #PRESS RELEASE.

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 The Bank of Zambia has expressed concern over the continued participation of members of the public in fraudulent financial schemes worries Bank of Zambia


BOZ Assistant Director Communications Besnat Mwanza says the schemes typically promote investment options that promise abnormally high returns.

READ PRESS RELEASE BELOW:

Bank of Zambia


PRESS STATEMENT


WARNING AGAINST MONEY CIRCULATION SCHEMES


The Bank of Zambia has observed, with concern, the continued participation of members of the public in fraudulent financial schemes. The schemes typically promote investment options. that promise abnormally high returns. Countless citizens continue to lose their hard-earned money to such schemes.


The Rank reiterates that any person who conducts or participates in a money circulation scheme or issues a notice, circular, prospectus, proposal or other document inviting the public to subscribe to a money circulation scheme commits an offence. Promoting such schemes contravenes, among others, Section 157 of the Banking and Financial Services Act which states that, "a person who conducts or participates in a money circulation scheme commits an offence and shall be liable to prosecution."


Members of the public are, therefore, encouraged to be on the look-out and report any suspicious financial institutions to law enforcement agencies. They are particularly encouraged to only deal with licensed financial service providers when making investments. This is the first step in safeguarding one's money.


Unlicensed institutions perpetrating fraudulent financial services and products and members of the public participating in such schemes are warned that they do so at the risk of prosecution.


The following are the institutions licensed by the Bank of Zambia:


Commercial Banks


Non-Bank Financial Institutions


Payment System Institutions


Issued by


An


Besnat Mwanza


Assistant Director-Communications


May 23, 2024

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