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Nigerian Data Protection Commission investigates three banks for data breaches

The Nigerian Data Protection Commission is investigating three banks for data breaches. He also stated that the CBN’s new mandate to commercial banks to capture social media handles is needless. The Nigeria Data Protection Commission (NDPC) is investigating three commercial banks, one university, and other suspects over data breaches. The NDPC listed Zenith Bank, Fidelity Bank, […]

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CBN To Penalize Banks For Mutilated Naira Notes

The Central Bank of Nigeria (CBN), will impose a penalty of N400 on deposit money banks (DMBs) for every mutilated N100 sent to the apex bank. The penalty took effect from April 1. The CBN, in a circular issued by the director of Currency Operations, Ahmed Umar, the apex bank warned DMBs to stop bringing […]

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