Nigeria: Data Protection

• NITDA has warned organisations and individuals about a new AI-powered malware, “Deep Load,” currently targeting entities across Nigeria. The agency noted that the malware is designed to steal sensitive information, evade traditional antivirus systems, and maintain persistent access to infected devices. The advisory underscores the need for stronger cybersecurity compliance measures, including staff awareness, multi-factor authentication, secure password practices, monitoring of suspicious activities, and prompt incident response procedures.

Lagos, with over 22 million digitally active residents and a startup ecosystem valued at $15.3 billion, faces mounting cyber risks that have already cost Nigeria over ₦1.1 trillion in cybercrime losses.

The first era of Nigerian fintech rewarded speed. Companies that could process payments faster, designed cleaner interfaces, and deliver smoother onboarding captured users and attracted capital.

Data controllers and Data Processors Major Importance must prepare, maintain, and make available certain documents for audit review before filing its NDPA compliance...

With the increasing need to ensure financial security in today’s rapidly digitizing landscape and evolving compliance demands, the Central Bank of Nigeria (CBN)...

The issue is not that Nigerians are inherently poor borrowers. Rather, the difficulty lies in how creditworthiness has traditionally been assessed.

It concludes that organisations that reduce unnecessary collection and define retention with precision are often in a stronger position not only to comply with the law, but also to reduce breach impact...

The rapid expansion of Nigeria’s digital economy has resulted in unprecedented levels of personal data generation and processing.

Digital platforms have become a central feature in the pursuit of love and companionship, bringing with them a range of legal and ethical challenges characteristic of the data-driven age.