Nigeria Lost Over $500m To Cybercrime In 2022, Says EFCC

The Economic and Financial Crimes Commission (EFCC) has raised the alarm over the dangers of cybercrime, saying Nigeria lost over $500 million to it in 2022. This is according to the Chairman of the anti-graft agency Ola Olukoyede who spoke on Tuesday at a National Cybercrime Summit organised by the agency. “Projections by multiple sources show that the global loss to cybercrimes may reach a staggering $10.5 trillion,” the EFCC chief said in Abuja. “As a matter of fact, the research I did earlier this year confirmed that cybercrime has…

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