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NDPC, Meta launch initiative to strengthen data protection in Nigeria

Nigeria, June 8 -- The Nigeria Data Protection Commission (NDPC) has launched the Meta-Supported Initiative for Data Protection (M-SIDP), a programme that enhances strategic guardrails for data subjec... Read More


Wema Bank suspends engagements on X amid concerns over fraud, impersonation

Nigeria, June 7 -- Wema Bank has temporarily blocked communication on its account X, citing the need to protect customers from fraudulent activities and account impersonation. The lender disclosed th... Read More


OpenAI unveils lockdown mode feature to protect sensitive data from prompt injection attacks

Nigeria, June 7 -- OpenAI has launched a new security feature, lockdown mode, to help protect sensitive data from prompt injection attacks by restricting web access and other capabilities that could b... Read More


20 million to benefit from China's connectivity support to Nigeria

Nigeria, June 3 -- The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has announced a new connectivity support initiative from China. Tijani said the China Industrial Bank ... Read More


CBN redeploys four deputy governors

Nigeria, June 2 -- The Central Bank of Nigeria (CBN) has announced a reshuffle of four deputy governors, with the changes taking effect from 1 June. CBN disclosed the redeployment through an update o... Read More


CBN targets 95% financial inclusion, faster money transfers by 2028

Nigeria, June 2 -- The Central Bank of Nigeria has officially launched the Nigeria Payment System Vision (PSV) 2028, a strategy aimed at expanding financial inclusion to 95 per cent of the adult popul... Read More


CBN extends PoS geo-fencing metre, compliance deadline

Nigeria, May 30 -- The Central Bank of Nigeria (CBN) has extended the deadline for enforcement of its mandatory Point of Sale (PoS) terminal geo-fencing framework to 1 August, giving payment service p... Read More


Cost of preparing a pot of Nigerian jollof up 19.4% - Report

Nigeria, May 26 -- The national average cost of preparing a pot of jollof rice in a Nigerian household rose from N25,486 in October 2025 to N30,435 in March 2026, a 19.4 per cent increase according to... Read More


Fidelity Bank Plc appoints new non-executive director

Nigeria, May 26 -- Fidelity Bank Plc has appointed Jonathan Ososuakpor as a Non-Executive Director of the bank, taking effect from 22 May. The bank disclosed the appointment in a statement posted on ... Read More


CPPE warns against unrestricted fuel imports

Nigeria, May 24 -- The Centre for the Promotion of Private Enterprise (CPPE) has warned against growing calls for unbridled importation of petroleum products. It argued that such a policy could underm... Read More