How to Register as a Data Controller or Data Processor with the Nigeria Data Protection Commission

Introduction The Nigeria Data Protection Act (NDPA), 2023 is the principal legislation regulating the processing of personal data in Nigeria. It established the Nigeria Data Protection Commission (NDPC) as the regulatory authority responsible for overseeing data protection compliance in Nigeria including the registration of Data Controllers and Data Processors of major importance. Further to the…

CBN Guidelines for Handling Authorised Push Payment Fraud in Nigeria

Tackling Fraud in the Nigerian Digital Payment System: The Central Bank of Nigeria Issues New Directives

Introduction Digital payments have continued to experience exponential growth and acceptance which is particularly accentuated by Financial Technology (FinTech) companies in Nigeria. The Central Bank of Nigeria (CBN) has also issued regulatory policies promoting the adoption of cashless transactions consummated through mobile banking and internet banking channels, unstructured supplementary service data (USSD), payment gateways, etc.…