OVER 25 MILLION PHONES STOLEN IN ONE YEAR- FG. (PHOTO).

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 Over 25 million phones stolen in one year – FG The Crime Experience and Security Perception Survey report of the National Bureau of Statistics, a Federal Government agency, shows that Nigeria recorded 25.35 million phone theft cases between May 2023 and April 2024. According to the report, this was the most common type of crime within the period under review. The report read, “The number of crimes experienced by individuals in Nigeria was analysed over a period of time. The results show that theft of phones (25,354,417) was the most common crime experienced by individuals, followed by consumer fraud (12,107,210) and assault (8,453,258). However, hijacking of cars (333,349) was the least crime experienced by individuals within the reference period.” It also noted that most phone theft cases occurred either at home or in a public place, and about 90 per cent of such cases were reported to the police. Despite the high rate of the incident being reported, only about 11.7 per cent of t...
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MTN PAYS $250 MILLION FOR THE FINE AND WITHDREW THE LAWSUIT AGAINST NIGERIA COMMUNICATION COMMISSION.

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                                     MTN Group,a South African Telecommunication company based in Nigeria,have decided to withdraw its lawsuit against Nigeria Communications Commission {NCC} over a $3.9 billion fine and paid $250 million towards a possible settlement.MTN,which makes 37 % of its sales in Nigeria,said it would withdraw its court challenge in an effort to reach an amicable settlement and make a ''good faith payment of $250 million towards a possible settlement.Dobek Pater,managing director of Africa Analysis said ''This is a sign that the fine could be reduced much further.There is some sort of negotiation taking place and the parties are migrating towards a common ground''.The original peenalty was based on fining the company $1, 000 for every unregistered SIM card in use.A judge in Lagos last month gave both parties March 18 to reach a settlement,after MTN had asked the court to arbitrate over the dispute,saying the Nigerian Communications Commission {NCC} had no legal grounds to order the fine.One more photo below.                                                                                    

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