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    EFCC recovers Bitcoin, N152Bn, $386m in 2021

    Chronicle EditorBy Chronicle EditorJanuary 10, 2022No Comments2 Mins Read
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    EFCC recovered billions of naira, millions of dollars and other currencies in 2021
    EFCC recovered billions of naira, millions of dollars and other currencies in 2021
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    The Economic and Financial Crimes Commission, EFCC, has disclosed that it recovered the aggregate sum of N152, 088,698,751.64 (naira); $386,220,202.84 (dollar); £1, 182,519.75 (pounds); €156,246.76 (euro); 1,723,310.00 Saudi Riyal, 1,900.00 South African Rand, and 1, 400.00 Canadian dollar between January and December 2021.

    The recovery basket also included a digital currency component with 5, 36957319 Bitcoin and 0.09012 Ethereum.

    Headquarters Operation dominated the recoveries with N67, 249, 744, 994.89, $375,662,223.59 and £1,151,539.75.

    It was closely followed by the Lagos Command which led the naira recoveries with N70, 315,611,260.52, $9,286,497.83 and £21,500.00.

    EFCC Chairman Abdulrasheed Bawa Zamfara
    EFCC Chairman Abdulrasheed Bawa
    • EFCC secured 2220 convictions in 2021

    The Kaduna Zonal Command emerged third in terms of Naira recoveries with a total sum of N3, 339,405,723.93 while the Ibadan Zonal Command took the same position in terms of Dollar recoveries to the tune of $387,385.00.

    Giving an overview of the performance, the executive chairman of the Commission, Abdulrasheed Bawa, explained that the monies included direct and indirect recoveries for the different tiers of government (Federal, State and Local Governments), corporate organizations and individuals (victims of crime) within the year under review.

    He commended the personnel of the Commission for the performance while urging them to redouble their efforts to ensure that perpetrators of economic and financial crimes are denied the benefit of the proceeds of crime.

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    Peter Obi has expressed condolences to former Kaduna State governor Mallam Nasir El-Rufai on the death of his mother, Hajiya Umma El-Rufai.

    ICPC takes El-Rufai into custody after bail hearing

    Chaos broke out in Jos, the Plateau State capital, on Wednesday, following the relaxation of the 48-hour curfew by the state government.

    Chaos in Jos after relaxation of 48-hour curfew

    Peter Obi has expressed condolences to former Kaduna State governor Mallam Nasir El-Rufai on the death of his mother, Hajiya Umma El-Rufai.

    El-Rufai gets court ruling on bail application today

    Three ministers quit as Tinubu enforces Electoral Act

    Three ministers resign as Tinubu enforces Electoral Act

    The Central Bank of Nigeria (CBN) has instructed banks to complete a mandatory cybersecurity self-assessment within three weeks

    CBN orders banks to complete cybersecurity self-assessment

    Plateau State residents were thrown into mourning and shock on Tuesday following the discovery of a woman’s corpse in a river in the Bukuru Lowcost community in the Jos South Local Government Area of the state.

    Plateau woman’s corpse found in river raises fears of reprisal murder

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    Peter Obi has expressed condolences to former Kaduna State governor Mallam Nasir El-Rufai on the death of his mother, Hajiya Umma El-Rufai.

    ICPC takes El-Rufai into custody after bail hearing

    April 1, 2026
    Chaos broke out in Jos, the Plateau State capital, on Wednesday, following the relaxation of the 48-hour curfew by the state government.

    Chaos in Jos after relaxation of 48-hour curfew

    April 1, 2026
    Peter Obi has expressed condolences to former Kaduna State governor Mallam Nasir El-Rufai on the death of his mother, Hajiya Umma El-Rufai.

    El-Rufai gets court ruling on bail application today

    April 1, 2026
    Three ministers quit as Tinubu enforces Electoral Act

    Three ministers resign as Tinubu enforces Electoral Act

    April 1, 2026
    The Central Bank of Nigeria (CBN) has instructed banks to complete a mandatory cybersecurity self-assessment within three weeks

    CBN orders banks to complete cybersecurity self-assessment

    April 1, 2026
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