Fidelity Bank fined ₦555.8bn for data breach
A Nigerian tier-2 bank with a market capitalization of ₦323 billion, Fidelity Bank has been fined ₦555.8 million by the Nigeria Data…
News
Nigeria raises N374.751bn in August 2024 FGN bond auction
The Federal Government of Nigeria has successfully raised N374.751 billion in its FGN bond auction held in August 2024, according to results…
Nigerians to present BVN, NIN for dollar bond subscription
The Federal Government of Nigeria has announced new identification requirements for subscribing to its latest financial instrument, the Domestic FGN US Dollar…
NNPCL reports N2.69trn in tax expenses for 2023
The Nigerian National Petroleum Company Limited has reported a total tax expense of N2.69 trillion for the fiscal year 2023, according to…
No room for computer illiterates in Nigerian public service – Walson-Jack
The newly appointed Head of the Civil Service of the Federation, Mrs. Didi Walson-Jack, has highlighted the vital importance of computer literacy…
Nigerian firm Atlas CopCo forced employee to resign, Court rules
The National Industrial Court in Lagos has ruled that the resignation of Mr. N. Olawale from Atlas Copco Limited was wrongful and…
Access Bank nears completion of National Bank of Kenya acquisition
Nigeria’s largest commercial bank with a market capitalization of ₦1.01 trillion, Access Bank is on the verge of acquiring the National Bank…
UK suspends Apple, Google digital market law probe
Britain’s Competition and Markets Authority has suspended its ongoing investigations into Apple and Google’s app stores, pending the introduction of new legislation…
Cryptocurrency Tether to launch stablecoin pegged to UAE dirham
Cryptocurrency firm Tether announced on Wednesday its plans to introduce a new stablecoin pegged to the United Arab Emirates dirham. This move…
FG to introduce new IPv6 for enhanced Internet services
The Federal Government intends to implement IPv6, the most recent version of the Internet Protocol in order to enhance the identification, tagging,…
Tesla recall 9,100 Model X vehicles over roof issues
Tesla Inc announced a recall on Wednesday for approximately 9,100 Model X SUVs in the U.S. due to a potential safety hazard…
Fidelity Bank fined N555.8m for customers’ data breach
Fidelity Bank has been fined N555.8 million by the National Data Protection Commission for breaching the privacy of its customers’ data. The…