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NITDA slams N5m fine on Electronic Settlement over data breach On By Emmanuel Elebeke National Information Technology Development Agency, NITDA, has ordered a data controller, Electronic Settlement Limited to pay the sum of N5 million as fine for certain breaches on personal data entrusted to the company. NITDA said its action was in line with the requirements of the National Data Protection Regulation, NDPR. The agency also directed the company to conduct Data Protection Impact Assessment on some  of its data-intensive applications and products. Electronic Settlement Limited,  ESL is an ...

TODAY March 17, 2021 National Information Technology Development Agency, NITDA, has ordered a data controller, Electronic Settlement Limited, to pay the sum of N5 million as fine for certain breaches on personal data entrusted to the company. NITDA said its action was in line with the requirements of the National Data Protection Regulation, NDPR. The agency also directed the company to conduct Data Protection Impact Assessment on some of its data-intensive applications and products. Electronic Settlement Limited, ESL is an indigenous payments company which claims to have the capacity to rev...

Facebook’s COVID-19 vaccine move How to own a drone in Kenya A quick notice:  Yesterday, we wrote about Innoson’s supposed partnership with an admittedly strange cryptocurrency, Zugacoin. Innoson Vehicle Manufacturing has come out to debunk any claims of such partnership, quelling other questions we had about the announcement. Still, could that really be the full gist? NITDA fines Nigerian fintech company Advertisement The story: The Nigerian Information Technology Development Agency (NITDA), has fined Nigerian financial services provider, Electronic Settlements Limited with the sum of...

NITDA fines firm N5 million for data protection breach NITDA fines firm N5 million for data protection breach Share The National Information Technology Development Agency (NITDA) has concluded its investigation process on the personal data breach by Electronic Settlement Limited and fined the firm N5 million for data protection breach. The investigative process involved an analysis of the company’s applications and websites; visit to the company’s office in Lagos, review of its technical documents as submitted to the Agency and an interrogation of its officials by the NITDA investigation...