Samuel Nwite
AUTHOR: Samuel Nwite
Meta Fined $220m by Nigerian Regulator FCCPC Over Data Privacy Violations
In a first-of-its-kind regulatory action, Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) has imposed a $220 million penalty on Meta Platforms Incorporated for...
KPMG Criticizes Nigeria’s 50% FX Windfall Tax on Banks
The Nigerian government's recent decision to impose a 50% windfall tax on banks' foreign exchange revaluation gains recorded in 2023 has sparked a variety...
The World Hit By Greatest Cybersecurity Incident – And It’s Not A Cyberattack
In an unprecedented turn of events, financial services, medical offices, and television broadcasters worldwide faced severe disruptions on Friday due to a significant IT...
Economic Hardship: Nigerian Lawmakers Cut Salary By 50% As Nationwide Protest Looms
In a move that has sparked mixed reactions, members of the Nigerian House of Representatives have agreed to reduce their salaries by 50% for...
Dangote Refinery is 45% Completed, Not Licensed Yet – NMDPRA
Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has cautioned against over-reliance on products from the Dangote Refinery,...