RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home company news

FG Launches Probes into Meta, DHL, and OPay for Alleged Data Breaches

Bolarinwa Mathew by Bolarinwa Mathew
October 5, 2023
in company news, Tech News, Technology
Reading Time: 2 mins read
A A
0
FG Launches Probes into Meta, DHL, and OPay for Alleged Data Breaches
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Federal Government of Nigeria has initiated investigations into the activities of Meta (formerly Facebook), DHL, and OPay over alleged data breaches, with potential consequences that could see the companies forfeiting two percent of their annual gross revenue to the government.

Numerous complaints have been lodged against these companies by Nigerian citizens regarding the violation of data subjects’ rights, prompting the government to take action. The Nigeria Data Protection Commission (NDPC) is currently conducting investigations into the data processing practices of these entities.

AlsoRead

Dangote Targets $5 Billion IPO to Fund Refinery Expansion to 1.4 Million Barrels per Day

Seplat Agrees to Sell 10% Stake in NNPC Joint Venture for $281.6 Million

Starlink Dominates African Internet Speeds, Outperforming Local Providers in 22 Markets

This marks the second time that the NDPC has launched probes into the activities of companies, banks, and universities within Nigeria over alleged data infractions. Dr. Vincent Olatunji, the National Commissioner of the NDPC, previously warned during the public presentation of the Nigeria Data Protection Act, 2023, that violations would lead to penalties in accordance with the law.

Olatunji emphasized the commission’s commitment to “safeguarding the integrity of Nigeria’s data economy ecosystem” and warned data controllers and processors against any form of data processing that does not align with the Act. He also stressed that Chief Executive Officers of Ministries, Departments, and Agencies of the government would be held accountable for any infractions.

Complaints against Meta primarily center on behavioral advertising conducted without the explicit consent of data subjects. This investigation potentially impacts approximately 40 million Facebook accounts in Nigeria, with significant implications for the country’s digital economy.

DHL, on the other hand, is facing scrutiny for allegedly violating the lawful basis and principles of data protection. Sources close to the investigations have revealed that DHL’s data processing practices may fall short of the confidentiality standards prescribed under the Nigeria Data Protection Act. The Act emphasizes the use of appropriate technical and organizational measures to ensure the confidentiality, integrity, and availability of personal data.

OPay, the online payment platform, could be called upon to address allegations that it has been opening bank accounts for data subjects without their consent, a serious violation of data privacy rights. Reports suggest that OPay’s platform may have approximately 40 million data subjects.

The Nigeria Data Protection Commission has served each of these data controllers with a Notice of Investigation, affording the companies the opportunity to defend themselves within the framework of the country’s legal system. The investigations will be closely watched as they unfold, as they could have far-reaching implications for data protection and privacy standards in Nigeria.

Tags: #Meta#NigeriaData breachesData Privacydata processingdata subjects' rightsDHLdigital economyInvestigationsNigeria Data Protection ActNigeria Data Protection CommissionOpayPenalties
Previous Post

Naira Faces 40% Depreciation in 2023, According to World Bank Report

Next Post

Brent Crude Price at $84.21 Per Barrel as Oil Prices Face Weekly Decline

Related News

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Targets $5 Billion IPO to Fund Refinery Expansion to 1.4 Million Barrels per Day

by Akpan Edidong
August 5, 2026
0

Dangote Petroleum Refinery & Petrochemicals FZE is seeking to raise about $5 billion through an Initial Public Offering expected to...

Seplat Energy revenue grows by 29.8% in 2022

Seplat Agrees to Sell 10% Stake in NNPC Joint Venture for $281.6 Million

by Akpan Edidong
July 31, 2026
0

Seplat Energy Plc has entered a legally binding agreement to dispose of a 10% working interest in its joint venture...

Elon Musk claims to donate almost $2 billion to charity.

Starlink Dominates African Internet Speeds, Outperforming Local Providers in 22 Markets

by Victoria Attah
June 22, 2026
0

Starlink, Elon Musk’s satellite broadband service, has emerged as the fastest internet provider across much of Africa, delivering superior speeds...

WhatsApp launches online payment channels through chats

WhatsApp to End Support for Older iOS Devices from November 2026

by Victoria Attah
June 10, 2026
0

WhatsApp has revealed plans to drop support for older versions of Apple’s iOS operating system, effective November 30, 2026. From...

Next Post
Brent Crude Price at $84.21 Per Barrel as Oil Prices Face Weekly Decline

Brent Crude Price at $84.21 Per Barrel as Oil Prices Face Weekly Decline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigerian Stock Market Witnesses N35 Billion Dip in Market Cap as Key Stocks Decline

NGX Closes Week Higher at 245,573 Points as Banking Stocks Rally

August 10, 2026
Investment Bankers Applaud CBN Reforms Amidst Challenges, Embrace Growth Opportunities

CBN Cancels N700 Billion T-Bills Auction After Aggressive Liquidity Withdrawal

August 10, 2026

Popular Story

  • Nigeria’s Debt to China Surges by $800 Million in One Year

    31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • Kenya’s Equity Group Sacks 1,200 Employees in $15.4 Million Fraud Crackdown

    0 shares
    Share 0 Tweet 0
  • Oil Sector FX Demand Surges 115% in 2025 Despite Expanded Local Refining

    0 shares
    Share 0 Tweet 0
  • FG Launches Probes into Meta, DHL, and OPay for Alleged Data Breaches

    0 shares
    Share 0 Tweet 0
  • Fixed Income, Equity and Money Market Update

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>