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Author Archives: itnewsnigeriang

NDPR has made landmark impact on data privacy – NITDA

NITDA

Nigeria Data Protection Regulation (NDPR) has made a landmark impact on data privacy, nation’s reputation and strengthening  personal information protection in 2 years.  Kashifu Inuwa Abdullahi, Director General, NITDA, said this while speaking Monday at the ongoing National Privacy Week 2022 Press Conference and unveiling of The Week’s Activities in Abuja. He said if anyone was in doubt of the ...

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China allegedly blocks Australia PM’s WeChat

Australian prime minister Scott Morrison

China has been accused of disconnecting Australian Prime Minister Scott Morrison’s WeChat account This is according to the chairman of county’s parliamentary intelligence committee, Victoria Senator James Paterson on Monday. Victoria serves as chair of Australia’s Parliamentary Joint Committee on Intelligence and Security and  claimed that Morrison has been unable to access his account on the Chinese social network for ...

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NITDA hosts Innovation Ecosystem Engagement – Listening Session

WhatsApp NITDA

The National Information Technology Development Agency (NITDA) invites the general public to its virtual innovation ecosystem engagement slated for Thursday, January 27, 2022. According to a statement signed today by Mrs. Hadiza Umar, Head, Corporate Affairs at NITDA said the program is themed; “Fostering Collaboration: NITDA engages Nigerian Startup Ecosystem”, is aimed at nurturing collaboration between the Agency and the ...

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Bitcoin, other Cryptos to remain down for some time

cryptocurrency will take some time for a bottom to form and for confidence to return, before projecting any sort of bullishness, according to expert. Hayden Hughes, chief executive officer at Alpha Impact in Singapore, told Bloomberg that the margin positions being liquidated caused a wave of additional sell pressure, as assets that had been held as collateral were forcibly sold ...

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UPDATED: New Tips For Securing Your Bitcoin and Crypto Wallets

crypto bitcoin as legal tender luno

Wallet Security is arguably the biggest everyday challenge for crypto exchange platforms. While technology id sdsncing criminals are working hard to undermined the gate keepers of various maninnets. And victims are always in mind. For example, a Singapore-based cryptocurrency exchange KuCoin has experienced a “security incident,” resulting in the loss of over $150 million worth of different cryptocurrencies. Many incidents ...

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Nigerian Fintech P2Vest hits record 100,000 users

P2vest

The P2vest lending platform offers quick disbursement of loans and flexible payback plan where people can begin to have an ecosystem of lending and borrowing IT News Nigeria: P2vest Technology Limited, today announced that its peer-to-peer lending application, P2Vest has hit 100,000 users with access to quick loans. This achievement underscores the organisations’ role in transforming the way people access ...

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Exciting times as FirstBank Rewards Customers in Transact and Win Promo

FirstBank

FirstBank: Getting rewarded for spending money is a dream that is probably going to remain exciting for many people, but not for the Firstmonie Wallet users. In a two month Transact and Win campaign that started on November 22, 2021, First Bank of Nigeria Limited is rewarding several customers for carrying out transactions on its Firstmonie Wallet application.  The e-wallet ...

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Polygon introduces EIP-1559 Upgrades to have a deflationary effect on MATIC

polygon

IT News Nigeria: The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year is currently making headlines again. Ethereum sidechain network Polygon is in the news today after it incorporated the same update (EIP-1559) within its ecosystem. It goes live on Jan. 18, at 3 a.m. UTC. Polygon launched EIP-1559 to initiate the real-time burning ...

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Canadian Fintech Periculum unveils services in Nigeria

periculum

Periculum has announced today the unveiling of its services in Nigeria. The Canadian startup said the aim is to helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data IT News Nigeria: Canadian fintech startup and credit assessment company, Periculum, has launched in Nigeria to tackle the challenge of domestic credit to the underserved markets. ...

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