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 GOVERNOR OLAYEMI CARDOZO IS SET TO ADDRESS THE NATION ON FRIDAY. (PHOTO).

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Central Bank Governor Olayemi Cardozo Set to Address the Nation

Governor of the Central Bank of Nigeria Olayemi Cardozo will reportedly address the nation by 7 pm on Friday (tomorrow).

The development was disclosed by a source close to the CBN governor, who spoke on the condition of anonymity.

The address will afford Cardozo the opportunity to explain the monetary policy of the CBN and plans to halt the fall of the national currency, the Naira.

The address will be the first public engagement by Cardozo since he was appointed CBN Governor by President Bola Tinubu over two months ago.

 

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