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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SENATE CONFIRMS OLAYEMI CARDOSO AS CBN GOVERNOR, OTHERS.(PHOTO).

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Senate confirms Olayemi Cardoso as CBN Governor, others

The Senate on Tuesday confirmed Mr Olayemi Cardoso as Governor of the Central Bank of Nigeria, CBN.

Other nominees who were confirmed as Deputies to Olayemi are: Emem Usoro, Muhammad Abdullahi-Dattijo Philip Ikeazor and Bala Bello.

Their screening commenced after hours of closed-door meeting which was presided by the Senate President, Godswill Obot Akpabío, having resumed from a two month annual recess.

DAILY POST reports that the exchange rate between the Naira and other currencies especially the United States Dollars dominated the lawmakers’ questions.

The lawmakers lamented economic woes, particularly the free fall of the Naira.

Senators Jimoh Ibrahim, Adams Oshiomhole, Elisha Abbo expressed their discontents and urged the new CBN team to “look outside the box to see a way of strengthening the Naira.”

 

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