The Central Bank of Nigeria (CBN) has issued operational guidelines for open banking in the country. This is contained in a circular signed by Musa Jimoh, director of payments system management department on March 7, 2023. What is Open Banking? Open banking is the sharing of financial information electronically, securely, and only under conditions that customers approve […]
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Governor Rochas Okorocha of Imo State has advised residents and citizens of the state to collect their Permanent Voter Registration Cards (PVC) to ensure political relevance in the forthcoming general elections. Mr Okorocha, who gave the advice in Owerri, the state capital on Thursday during a news briefing, decried the poor response of Imo residents […]
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Facebook on Monday said it has suspended “around 200” applications on its platform as part of an investigation into misuse of private user data. The investigation was launched after revelations that political consulting firm Cambridge Analytica hijacked data on some 87 million Facebook users as it worked on Donald Trump’s 2016 campaign. “The investigation process […]
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Facebook has launched a fresh effort to quell the firestorm over the hijacking of personal data, by once again unveiling new privacy tools and settings to give users more control over how their information is shared. The new features follow fierce criticism of the social network giant after it was revealed that the personal data […]
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Facebook Inc Chief Executive Mark Zuckerberg said on Wednesday that the social media company made mistakes that allowed data about users to end up with the analytics firm Cambridge Analytica and vowed the company would make changes. Zuckerberg, in his first comments since the company disclosed on Friday the misuse of personal data, said in […]
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Skye Bank CEO, Tokunbo Abiru has advocated practical strategies, concerted efforts and close collaboration from technology, Telcos and IT security experts to prevent current proliferation of clone apps with its attendant impact on safety of smart phone users in the country. Abiru made this suggestion in a keynote note address on the topic: ‘Strategizing against […]
Continue ReadingThe Nigerian Communications Commission (NCC) in its Q3 compliance monitoring and enforcement report has revealed that a fresh fine may be imposed MTN, who is yet to pay the N1.04 trillion fine slammed on it earlier for failing to deactivate 5.1 million unregistered SIM cards. In the Q3 report, the commission said Airtel and Globacom […]
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