Nigeria's 2004 Economic and Financial Crimes Commission

The Economic and Financial Crimes Commission (EFCC) of Nigeria was established in 2004 to combat financial crimes, such as fraud and money laundering. It aims to promote economic stability by investigating and prosecuting those involved in corruption, ensuring accountability in financial dealings. The EFCC has the power to enforce laws related to financial crimes and collaborates with international agencies to tackle cross-border crimes. It plays a vital role in Nigeria's effort to improve governance and attract foreign investment by creating a more transparent and trustworthy economic environment.