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Nigeria First: Indigenous businesses still need more protection — Ekeh

Nigeria First: Indigenous businesses still need more protection — Ekeh

By Prince Osuagwu, Hi-Tech EditorDespite the Nigeria First Policy designed to give indigenous businesses greater opportunities in government procurement, Nigerian companies are still not getting enough protection, Chairman of Zinox Group, Dr. Leo Stan Ekeh, has warned. Ekeh said the situation could spell doom for the economy, arguing that Nigeria cannot build a sustainable digital […]
September 02, 2026
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Meta fined €390m over EU data breaches

Meta fined €390m over EU data breaches

US social media giant Meta was slapped Wednesday with fines totalling 390 million euros ($413 million) for breaching EU personal data laws on Facebook and Instagram, Ireland’s data regulator said. Meta and other US Big Tech firms have been hit by huge fines over their business practices in the European Union in recent years and […]

January 04, 2023
40 fintechs, digital loan apps Nigerian govt want to probe over abuses

40 fintechs, digital loan apps Nigerian govt want to probe over abuses

The House of Representatives, on Tuesday, has mandated its Committee on Banking and Currency, Financial Crimes and Telecommunications to commence investigation into operations and loan administration of the fintech companies and online mobile digital loan apps in Nigeria.

December 28, 2022
Reps to probe mobile digital loan apps abuses by fintechs

Reps to probe mobile digital loan apps abuses by fintechs

The resolution followed the consideration of a motion under matters of urgent public importance titled “Need to Investigate Sharp Practices By Unregulated Online Fintech Lending Companies and Abuse of Mobile Digital Loan Apps in Nigeria”, moved at the plenary by Hon. Ahmed Satomi from Borno State.

December 22, 2022