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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CBN ORDERS BANKS TO OPEN SATURDAYS AND SUNDAYS+ EVACUATES BANKNOTES TO DEPOSIT MONEY BANKS. (PHOTOS).#PRESS RELEASE.

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Central Bank of Nigeria evacuates banknotes to Deposit Money Banks. 




The Central Bank of Nigeria (CBN) has confirmed the

evacuation of banknotes from its vaults to commercial

banks across the country as part of a coordinated

effort to ease the circulation of banknotes of various

denominations. The CBN has also directed all

commercial banks to open for operation on Saturdays

and Sundays.



The Acting Director, Corporate Communications
Department of the CBN, Dr. Isa AbdulMumin, disclosed
this in Abuja, on Friday, March 24, 2023, stating that a
substantial amount of money, in various denominations,

had been received by the commercial banks for onward

circulation to their respective customers.

According to him, the CBN had directed all banks to load
their Automated Teller Machines (ATMs) as well as
conduct physical operations in the banking halls
through the weekends.



"Branches of commercial banks will operate on Saturdays
and Sundays to attend to customers' cash needs," he
noted, adding that the Governor of the Central Bank of
Nigeria, Mr. Godwin Emefiele, would personally lead
teams to monitor the level of compliance by the banks in
various locations across the country.

He, therefore, urged Nigerians to be patient as the
current situation would ease soon with the injection of

more banknotes into circulation.
More photos below. 



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