Nigeria: Technology

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Article
Updates On The Recent Activities And Other Developments At The National Information Technology Development Agency (NITDA)
• 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.
Nigeria Technology
SA
S.P.A. Ajibade & Co.
Article
Virtual Asset Service Provider (VASP) Licences In Kenya & Nigeria - What You Need To Know
Kenya and Nigeria are formalizing their digital asset markets through Virtual Asset Service Provider (VASP) licensing frameworks. While both countries require regulatory approval for crypto operations, their licensing categories, capital requirements, and compliance expectations differ significantly. Understanding these distinctions is essential for fintech founders and financial institutions seeking to enter or expand in these African markets.
Nigeria Technology
PL
Pavestones Legal
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Related Country Guides

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Blockchain

Cybersecurity

Article
Updates On The Recent Activities And Other Developments At The National Information Technology Development Agency (NITDA)
• 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.
Nigeria Technology
SA
S.P.A. Ajibade & Co.
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New Technology

Article
Transiting From TaxPro Max To Rev360: Key Considerations For Nigerian Taxpayers
Nigeria's Revenue Service has launched Rev360, a comprehensive digital platform that replaces TaxPro Max and consolidates tax compliance functions into a unified system. This transition raises critical questions about data migration, taxpayer onboarding, and the operational adjustments required to maintain compliance during the implementation phase. Tax advisers and corporate taxpayers must navigate new role-based access protocols and reconciliation procedures as the country accelerates its shift toward int
Nigeria Tax
T
Templars
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FinTech

Article
Regulatory Finality Or Rights Erosion? Reassessing The CBN’s One-Time Phone Number Update Rule Through The Lens Of Rectification And Proportionality
The Central Bank of Nigeria's new rule limiting BVN-linked phone number changes to just once raises critical questions about balancing financial security with data subject rights. As phone numbers serve as essential authentication tools yet remain inherently changeable due to theft, loss, or compromise, this regulatory restriction may conflict with statutory rectification rights under data protection law.
Nigeria Finance
SB
Stren & Blan Partners
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Latest Videos

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