Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, has debunked a circulating video which showed her promoting investment… The post DeepfakeNgozi Okonjo-Iweala, Director-General of the World Trade Organisation, has debunked a circulating video which showed her promoting investment… The post Deepfake

Deepfake: Ngozi Okonjo-Iweala says viral investment promotion video is AI

2026/02/11 20:10
3 min read

Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, has debunked a circulating video which showed her promoting investment opportunities for Nigerians as a deepfake.

This comes amid trends of scammers using AI to orchestrate fraudulent activities. 

In an X (formerly Twitter) post on Wednesday morning, the former Nigerian Minister of Finance tagged the viral video as a fake, AI-manipulated video, noting that appropriate authorities are handling the situation. 

In the video titled Ngozi Okonjo-Iweala’s Civil Investment Project, the scheme was credited as an opportunity to help Nigerians secure and grow their wealth. It noted that with a minimum of N380,000, investors will get daily returns amounting to N3 million in one week.

Deepfake: Ngozi Okonjo-Iweala tags viral investment promotion as AI-generated videoNgozi Okonjo-Iweala

Tagging the video as a Ponzi scheme, Okonjo-Iweala warned Nigerians to be wary of content circulated online in her name. She noted that any, which doesn’t originate from her official X handle should be disregarded. 

As I repeatedly said, I never post anything on Instagram, Facebook or WhatsApp. Anything emanating from these sources with my image is not from me. I only post on Twitter/X. I just don’t want people to be duped,” she added. 

This isn’t the first time the WTO DG will find herself in the midst of her name and authority being used to misdirect Nigerians or influence actions. 

In June 2024, Dr Okonjo-Iweala debunked a viral quote attributed to her regarding Nigeria’s debt profile and subsidy removal. She noted that it was intended to disinform people while highlighting that her name is being used to fight political battles deviously.

Therefore, I want to alert everyone that the message below is FAKE. This is a stern warning to all those trying to misuse my name for their political ends that I will continue to rebut any attempts to use my name and image falsely!”, part of her X post read.

Also in May 2024, Dr Okonjo-Iweala disregarded a claim that she was bringing investors to Nigeria.

Also Read: Deepfake: why Nigeria needs a ‘Microsoft Partnership’ before the 2027 elections.

Rising concerns around deepfakes

Dr Okonjo-Iweala’s deepfake incident and warning come amid growing global concerns about the use of artificial intelligence tools, particularly in the creation of deepfake videos, to impersonate public figures and scam innocent and unsuspecting citizens.

While the issue has continued to raise concerns about the veracity of video across social media platforms, experts have called on operators to devise and improve their content modernisation tools to prevent the circulation of deepfake videos.

AI deepfake fraud surges by more than 2,000% in three years, costing companies and individuals millions of dollarsDeepfake audio

In its effort to eradicate the misuse of AI to create and disseminate deepfake videos depicting public officials in compromising situations, the federal government secured a partnership with UNESCO to clean up the social media space while safeguarding freedom of expression.

According to the Minister of Information and National Orientation, Mohammed Idris, in May 2025, deepfake videos have damaged countless reputations and traumatised families. He added that the collaboration with UNESCO was aimed at sanitising the social media space without infringing on the freedom of expression.

He stated that UNESCO has gathered input from over 100 countries, with more than 10,000 submissions. This was used to develop a comprehensive guide for digital content creators to help uphold the integrity of the online space.

The post Deepfake: Ngozi Okonjo-Iweala says viral investment promotion video is AI first appeared on Technext.

Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.03461
$0.03461$0.03461
+3.65%
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pi Network Accelerates Real World Adoption as Picoin Transitions from Digital Asset to Everyday Payment

Pi Network Accelerates Real World Adoption as Picoin Transitions from Digital Asset to Everyday Payment

   The Pi Network ecosystem is once again demonstrating significant progress. While the community initially focused on mining ac
Share
Hokanews2026/02/12 20:27
Curve Finance Pitches Yield Basis, a $60M Plan to Turn CRV Tokens Into Income Assets

Curve Finance Pitches Yield Basis, a $60M Plan to Turn CRV Tokens Into Income Assets

The post Curve Finance Pitches Yield Basis, a $60M Plan to Turn CRV Tokens Into Income Assets appeared on BitcoinEthereumNews.com. Curve Finance founder Michael Egorov unveiled a proposal on the Curve DAO governance forum that would give the decentralized exchange’s token holders a more direct way to earn income. The protocol, called Yield Basis, aims to distribute sustainable returns to CRV holders who stake tokens to participate in governance votes, receiving veCRV tokens in exchange. The plan moves beyond the occasional airdrops that have defined the platform’s token economy to date. Under the proposal, $60 million of Curve’s crvUSD stablecoin will be minted before Yield Basis starts up. Funds from selling the tokens will support three bitcoin-focused pools; WBTC, cbBTC and tBTC, each capped at $10 million. Yield Basis will return between 35% and 65% of its value to veCRV holders, while reserving 25% of Yield Basis tokens for the Curve ecosystem. Voting on the proposal runs from Sept. 17 to Sept. 24. The protocol is designed to attract institutional and professional traders by offering transparent, sustainable bitcoin yields while avoiding the impermanent loss issues common in automated market makers. Diagram showing how compounding leverage can remove risk of impermanent loss (CRV) Impermanent loss occurs when the value of assets locked in a liquidity pool changes compared with holding the assets directly, leaving liquidity providers with fewer gains (or greater losses) once they withdraw. The new protocol comes against a backdrop of financial turbulence for Egorov himself. The Curve founder has suffered several high-profile liquidations in 2024 tied to leveraged CRV purchases. In June, more than $140 million worth of CRV positions were liquidated after Egorov borrowed heavily against the token to support its price. That episode left Curve with $10 million in bad debt. Most recently, in December, Egorov was liquidated for 918,830 CRV (about $882,000) after the token dropped 12% in a single day. He later said on…
Share
BitcoinEthereumNews2025/09/18 18:00
Vitalik Buterin Defends Ethereum Staking Exit Times Amid Industry Criticism

Vitalik Buterin Defends Ethereum Staking Exit Times Amid Industry Criticism

The Ethereum founder likened leaving staking to “a soldier deciding to quit the army” in response to criticism over long exit times.
Share
Coinstats2025/09/18 21:35