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...

AWELE ELUMELU ADVOCATES FOR WOMEN,YOUTH INCLUSION IN AFRICA'S INSURANCE SECTOR.(PHOTO)


 Awele Elumelu advocates for women, youth inclusion in Africa’s insurance sector


Awele Elumelu, chairperson of Avon Medical Practice Limited, has called for greater inclusion of women and youths in Africa’s insurance industry.

Elumelu, also a founding trustee of the Tony Elumelu Foundation, spoke on Tuesday at the international women conference organised by the African Insurance Women Association (AIWA) in Lagos.

She said there is an urgent need to bring more women into the insurance sector as they offer fresh perspectives critical for developing inclusive solutions.

“Women bring fresh perspectives and empathy, and these are essential for designing inclusive, people-centred solutions,” Elumelu said.

“Low insurance penetration of the African insurance industry, currently below three per cent, is a significant growth opportunity.

“With our young, tech-savvy population, we have a unique chance to build products that truly resonate with Africans.

“Especially through mobile technology, which can help reach underserved communities and foster financial literacy among younger generations.”

Elumelu called for stronger public-private partnerships to increase regulatory innovation and enhance customer trust.

She said a collaborative approach between industry players, regulators, and local communities will set the stage for a resilient and inclusive insurance sector that can drive economic growth across Africa.

Speaking about the event in a social media post on Wednesday, Elumelu said it is always inspiring to see women uplift one another, creating avenues for mentorship and support networks.

On her part, Margaret Moore, president of AIWA, said the conference has brought African women in insurance together to empower and inspire themselves.

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