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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PRESIDENT BUHARI FELICITATES WITH FIRST BANK NIGERIA LTD ON 125TH ANNIVERSARY.#PRESS RELEASE.

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          On behalf of the Federal Executive Council (FEC), and Nigerians in general, President Muhammadu Buhari congratulates First Bank Nigeria Limited on its 125th anniversary, which historically and remarkably marked the commencement of banking in the country in 1894.
President Buhari joins the financial services industry, particularly the banking sector, in celebrating the purposefulness, prudence and propriety that has become the hallmark of the bank for more than a century and quarter, while congratulating the Board, management and staff for upholding the vision of the founder, Alfred Lewis Jones.
The President salutes the vision and strength of character of the management in providing a voice for the Nigerian economy by rendering competitive financial services that have culminated in spread of branches across the country, Africa and Europe.
As the oldest bank in Nigeria, the President believes First Bank Nigeria Limited has lived up to the expectation of customers over the years, both private and public, necessitating its survival and continuous service as a formidable training ground for many Nigerian bankers and chief executives, who have also established banks and served the country as Governors of Central Bank of Nigeria.
While celebrating the milestone and great achievements of First Bank Nigeria Limited, President Buhari commends banks in the country for generally supporting government policies in buoying the economy, especially with the renewed focus on infrastructural development and providing financial lifelines for businesses, urging them to always explore partnerships that will benefit the country and promote trust.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
March 24th, 2019
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