Tag: NDPC

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NEPC, NDPC partner export sector data security

The Nigerian Export Promotion Council has partnered with the Nigerian Data Protection Commission to create a framework aimed at securing personal and corporate data within Nigeria’s export sector. This initiative highlights the importance of data protection in enhancing trust and facilitating trade in the export market. The Executive Director of the Nigerian Export Promotion Council, […]

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Banks, others probed for data breach

The Nigeria Data Protection Commission has said that investigations are presently being conducted into over a thousand financial institutions, educational institutions, insurance providers, and consulting firms for varying degrees of citizen data breaches. This was disclosed by the National Commissioner of the commission Vincent Olatunji, in his address to press men to mark the first […]

NDPC raises data protection license fee to N2m
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NDPC raises data protection license fee to N2m

The Nigeria Data Protection Commission has increased the license fee for Data Protection Compliance Organizations from N50,000 to N2 million. The aim is to ensure that only serious and committed organizations apply for the license. This announcement was made by the National Commissioner of the Commission, Dr. Vincent Olatunji, during a meeting with licensed DPCOs […]

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FG grants institute permit to certify data protection professionals

The Federal Government, through the Nigeria Data Protection Commission, granted accreditation to the Institute of Information Management for carrying out examinations and certification of data protection professionals to achieve global competitiveness. This was disclosed on Monday by the National Commissioner of NDPC, Dr. Vincent Olatunji, while presenting licence to IIM in Abuja, according to Nairametrics. […]

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NDPC, Gates Foundation, KPMG partner on open banking

The Nigeria Data Protection Commission is partnering with the Bill and Melinda Gates Foundation and KPMG, to develop open banking frameworks aimed at enhancing financial inclusion. Financial inclusion is the provision of banking and financial services to individuals, offering basic financial services such as savings, credit, payments, and insurance, to capture everyone in society. NDPC […]

CBN's demand for customers' social media handles unlawful - NDPC
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CBN’s demand for customers’ social media handles unlawful – NDPC

The Central Bank of Nigeria’s new instruction to banks to gather the social media handles of their clients as part of expanded Customer Due Diligence standards is illegal, according to the Nigerian Data Protection Commission. According to Nairametrics, the commission claimed that it has begun discussions with the apex bank on the matter because there […]

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