The Economic and Financial Crimes Commission, (EFCC) has revealed that it recovered the sum of ₦1, 233,612,040,411 in both national and foreign currencies in the 34 months of Ola Olukoyede’s leadership.
The disclosure was made on Monday in Abuja 2026 when EFCC Chairman, Ola Olukoyede addressed the media on his stewardship.
He added that available records showed that recovery in naira hit an all-time high of ₦1, 233,612,040,411.11.
Olukoyede saud in dollars, it hit $684,478,457,32, in Pound Sterling, the recovery hit £373,905.78, while it rose to €9,343,803.66 in euros.
Ge added: “Out of the Naira recovery, approximately ₦397.26 billion, representing 33 per cent was direct recoveries for the federal government, while ₦836.34 billion, representing 67 per cent were recoveries made by the Commission on behalf of ministries, departments and agencies, state revenue services, companies, individuals and foreign victims.
This breakdown, according to Olukoyede, showed that “two out of every three Naira recovered, were on behalf of beneficiaries other than the federal government.”
In the area of prosecution, the EFCC’s chair disclosed that the Commission received 49,673 petitions, investigated 39,615 cases,; filed 14,476 cases in court and secured 10,872 convictions between October 2023 and July 2026, stating that this gives a conviction-to-filing ratio of 75.1 per cent.
Olukoyede revealed that in the first half of 2026 alone, the Commission recorded 1,370 convictions from 1,889 filings.
These results, he said, reflected diligence, resilience and a prosecutorial approach anchored on evidence and courtroom outcomes.
Speaking further, Olukoyede disclosed that data from petitions and case analysis provides an indication of the shifting trends in the financial crime threat landscape.
The Commission’s 2024 to 2026 year-to-date category data recorded 46,288 offences across nine major typologies.
Advance fee fraud and cybercrime together, represented nearly two-thirds of recorded offences.
However, between 2024 and 2025, total recorded offences rose by 24.1 per cent, with notable increases in procurement fraud, bank fraud, cybercrime and economic-governance offences.
According to him, This tells us that the fight against economic and financial crime is not only about grand corruption. Every day, we are protecting citizens, businesses and institutions from fraud, cyber-enabled crime and other forms of economic exploitation.