How Nigerian banks lost N8 billion to 'yahoo' boys in 9 months - EFCC The Economic and Financial Crimes Commission (EFCC), said that banks in the country lost over N8 billion to internet fraud, otherwise known as Yahoo-Yahoo Boys, in 2022. Chairman of EFCC, Ola Olukoyede, in an interview with newsmen, said the internet fraudsters have robbed banks of ₦8 Billion. He narrated how cybercrime has hurt companies and its negative effects in attracting direct foreign investment for the country. The EFCC Chairman further stated that no fewer than 71 percent of companies...