The National Pension Commission has issued a warning to Nigerians about a rising recruitment scam, urging the public to be cautious and avoid falling victim.
PenCom cautioned that scammers are using communication channels such as WhatsApp, emails, and personal phone numbers to gather personal information under the guise of offering job opportunities.
The fraudsters often create a sense of urgency, claiming a 48-hour deadline to deceive individuals into revealing sensitive information, the Commission explained.
Scammers frequently request confidential documents to be sent to a mysterious “secretary” via WhatsApp, a red flag for fraudulent operations.
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PenCom also noted that several reports have surfaced with scammers impersonating the Director-General of the Commission to lend credibility to their deceitful claims.
“Do not respond to suspicious WhatsApp messages or emails. Delete them immediately and refrain from sharing them with others,” the Commission advised the public.
The warning follows a recent crackdown by the Securities and Exchange Commission, which shut down over 400 fraudulent investment schemes in Nigeria.
These scams targeted unsuspecting investors, and regulators have ramped up enforcement actions and investor education to curb such frauds.
Nigeria’s pension assets surged to N29.43 trillion as of February 2026, an all-time high with an increase of N1.39 trillion in one month.
PenCom reported that investment in domestic equities reached N5.41 trillion, while foreign equity investments remained modest at N261.99 billion due to global uncertainties.
