7 results
- 17 Aug 2021
NITDA Slams N10m Fine on Soko for Data Privacy Invasion
The National Information Technology Development Agency (NITDA) has slammed N10 million fine on Soko (Soko Loans), an online lending platform for privacy invasion. Kashifu Inuwa Abdullahi, DG, NITDA…
- 13 Mar 2022
FG Shuts 7 Online Banks, Freezes Accounts
At least seven digital loan companies operating in Ikeja, Lagos, were raided in a joint operation with the Federal Competition and Consumer Protection Commission (FCCPC) on Friday for a “possible…
- 6 Apr 2024
See Full List of Fake Loan Apps Blacklisted By CBN
Central Bank of Nigeria (CBN) has taken decisive action against fraudulent financial practices by blacklisting several fake loan applications that have been exploiting unsuspecting Nigerians. These…
- 4 Jul 2022
FG Probes Firm for Supporting Online Loan Sharks
Federal government is investigating the role of an unnamed consulting firm for supporting the illegal activities of some online lenders in Nigeria, according to Dr Vincent Olatunji, national…
- 29 Jun 2023
NDPC to Probes Gtbank, Zenith, Fidelity, Unity Bank others Over Data Breach
Nigeria Data Protection Commission (NDPC) says it is investigating three banks, a university and other suspects over alleged data breach, according to NAN report. A data breach is an unauthorised…
- 25 Jan 2022
FG Probes Loan Sharks over Breach of Customers’ Data Privacy
Kashifu Inuwa, director-general, National Information Technology Development Agency (NITDA), has said that the federal government has begun a probe of online banks over their alleged breaches of…
- 12 Nov 2021
NITDA Inks MoU with FCCPC to Tackle Data Privacy Abuse by Money Lending Operators
The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with the Federal Competition and Consumer Protection Commission (FCCPC) to address the…