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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NAIRA APPRECIATES AT OFFICIAL MARKET, GAINS 2.4%.(PHOTO).

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 Naira appreciates at official market, gains 2.4%


The Naira gained at the official market, trading at N1,278.58 to a dollar on Tuesday.

Data from the official trading platform of the FMDQ revealed that the Naira gained N30.81 or 2.35 per cent, compared to the previous trading date on Thursday, March, 28, 2024 just before the Easter holiday at the rate of N1,309.39 against the dollar.

However, the total turnover reduced to $111.18 million on Tuesday, down from $857.78 Million recorded on Thursday, March 28, 2024.

Meanwhile, at the Investor’s and Exporters’ (I&E) window, the Naira traded between N1,312.00 and N1,250.00 against the dollar.

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