Nigeria needs to ramp up action against cybercrime

The rising wave of cybercrime constitutes a huge threat to individuals, businesses, and governments in an increasingly digitalised world. According to the Economic and Financial Crimes Commission Chairman, Ola Olukoyede, Nigeria lost about $500 million (N800 billion) to cybercrime in 2022 alone. Global losses could soon reach $10.5 trillion per the EFCC chair who spoke

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