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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ANY BANK THAT ALLOWS ITSELF T BE USED FOR FRAUD WILL BE HELD LIABLE-BAWA.{PHOTOS}.#PRESS RELEASE

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The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa has reiterated his commitment to sanitize the banking sector saying that any bank which allows itself to be used for fraud or money laundering shall be held liable.


Bawa stated this in a paper entitled, `Security, Trust and Leadership Effectiveness’, presented at the 14th annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) on 14th September, 2021 at Transcorp Hilton Hotel Abuja.


The EFCC boss who was represented by Abiodun Adebanjo, Head of Research Unit, Department of Policy, Research and Statistics restated the Commission's determination to ensure that bank officials comply with regulations regarding assets declaration.


He urged financial institutions to embrace transformational leadership and technology which are imperatives for customer security and satisfaction.


``I want to conclude by saying that we must be partners in progress because combating cybercrime requires effective collaboration among relevant public and private institutions, that’s why the EFCC will continue to collaborate with the CBN and the banks in ensuring the security and integrity of the financial system using all the laws that empowers us in dealing with cyber threats,” he said

More photos below.

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