EFCC Recovers N364.5bn Archives - Business Today NG https://businesstodayng.com/tag/efcc-recovers-n364-5bn/ The Hub of News Reporting Wed, 01 Oct 2025 19:04:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 EFCC Recovers N364.5bn, $326.5m, Secures 4,111 Convictions In One Year https://businesstodayng.com/efcc-recovers-n364-5bn-326-5m-secures-4111-convictions-in-one-year/ Wed, 01 Oct 2025 19:04:32 +0000 https://businesstodayng.com/?p=55937 The Economic and Financial Crimes Commission(EFCC) has disclosed that agency in one year alone, recovered N364.5 billion, $326.5 million, alongside other foreign currencies and assets, while also securing 4,111 convictions across various courts. This was contained in the agency’s annual report, and these figures were released in the EFCC’s official performance report and through its […]

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]]> The Economic and Financial Crimes Commission(EFCC) has disclosed that agency in one year alone, recovered N364.5 billion, $326.5 million, alongside other foreign currencies and assets, while also securing 4,111 convictions across various courts.
This was contained in the agency’s annual report, and these figures were released in the EFCC’s official performance report and through its public statements for the year.
According to the EFCC, the year saw a significant increase in public engagement, with 15,724 petitions submitted to the Commission in the same year.
Below are the details of petitions and convictions
Of the 15,724 petitions, 12,928 were investigated.
5,081 cases were filed in court, representing a 47.70 % year-on-year increase in cases taken to court.
Convictions stood at 4,111, marking a 53.74 % increase over 2023.
According to the report, these numbers reflect both the volume of complaints the EFCC handled and its success rate in bringing cases to resolution.
The EFCC also recorded major asset seizures in 2024. According to its report, the Commission secured forfeitures of properties, including over 750 duplexes and apartments, several parcels of land, high-value vehicles, cryptocurrency wallets, and other movable assets linked to corruption and financial crimes.

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