by Tonbofa LP
by Tonbofa LP
The National information Technology Development Agency (NITDA) has through its Director General Kashifu Inuwa, extended the date for filing of the Annual Data Protection Audit Report from 15th March of every year as provided under the Nigerian Data Protection Regulation to 15th May 2020.
All companies which control data of individuals are therefore urged to comply by engaging the services of a Data Protection Compliance Officer and file their Audit Reports on or before 15th My 2020 to avoid penalties under the Regulation.
STAY IN THE LOOP
Subscribe to our free newsletter.
Special Purpose Acquisition Companies“SPACs” also known as blank check companies are duly registered public limited companies, formed to raise capital in an Initial Public Offering (“IPO”) with the purpose of using the proceeds to acquire one or more unspecified companies, businesses or assets (target companies) to be identified after the IPO. Spacs have been used […]
One of the biggest problems faced by the Insurance Industry in Nigeria is lack of awareness. Most people are not aware of the existence of Insurance neither do they know its relevance. There are certain insurance policies that the Federal Government of Nigeria has made compulsory for every individual and business in the country to […]
In order to promote the ease of doing business in Nigeria, the Nigerian Senate passed the Companies and Allied Matters bill which was assented to by President Muhammed Buhari in August 2020. The new Companies and Allied Matter Act (CAMA) repeals the old Companies and Allied Matters Act of 2004. These are some of the […]
Financial technology has gained acceptance within the country to remain competitive in the financial services ecosystem. Financial companies (FinTech) have emerged to offer operational services to Banks and other financial institutions, and the public. Our focus in this article shall be on switches as a payment system. Operation Of Fintech Companies FinTech companies basically operate as Payment Service Providers that […]