FG frowns at TikTok, X over tax irregularity

FG frowns at TikTok, X over tax irregularity

The National Information Technology Development Agency (NITDA) has identified social media platforms X (formerly Twitter) and TikTok for failing to comply with tax filing requirements outlined in accordance with Nigeria’s Regulatory framework. In a report obtained by PRNigeria titled “Analysis of Compliance with Laws and Misinformation Management by Social Media Platforms in Nigeria,” while platforms…

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NITDA warns Nigerians about global banking malware threat

NITDA warns Nigerians about global banking malware threat

The National Information Technology Development Agency(NITDA) has issued a warning to Nigerians about a banking malware, which targets users globally through sophisticated phishing campaigns. The advisory was released by NITDA’s Computer Emergency Readiness and Response Team on Monday. According to the agency, the new version of the Grandoreiro is a significant threat, using “advanced techniques,…

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Regulators discuss insurance cover for cyber risks in Nigeria

Regulators discuss insurance cover for cyber risks in Nigeria

Talks began between the National Information Technology Development Agency, NITDA, and the National Insurance Commission, NAICOM, on creating an insurance product to cover the rising cyber risks in Nigeria. Underscoring the move as long overdue, the Director-General of NITDA, Kashifu Inuwa Abdullahi, noted that, ”Nigeria loses about N200 billion to cyber crime annually”. Abdullahi, who…

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Buhari inaugurates council to implement Startup Act 2022

Buhari inaugurates council to implement Startup Act 2022

President Muhammadu Buhari on Wednesday inaugurated the National Council for Digital Innovation and Entrepreneurship with the mandate to guide the implementation of the Nigeria Startup Act (NSA) 2022. Speaking at the inauguration of the 14-member Council chaired by him, the President directed the Secretariat, the National Information Technology Development Agency (NITDA), to ensure faithful implementation…

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