Importance of due diligence in Real Estate transaction (1)
Ezra Akintonde
September 14, 2020
By Ezra Akintonde What is Real Estate Due Diligence? Real Estate due diligence (REDD) is an investigation aimed at uncovering any existing risks or defects in a real estate asset. This is arguably the most important step a purchaser or investor would take before closing a deal because it helps determine if a property […]
Data and information governance in Nigerian healthcare system
Michael IreneSeptember 14, 2020
Healthcare organisations can’t work without instilling and building patients’ trust. When patients pass their information to healthcare organisations, they want to know their information will be protected and managed appropriately. Yet, many Nigerian healthcare companies fail to build this trust. The only way to build confidence and trust in the Nigerian healthcare system is to […]
Time for legal profession to embrace change
NJ AyukSeptember 14, 2020
By NJ Ayuk Under the best economic circumstances, paying for legal services can be difficult for small businesses and startups. With the COVID-19 pandemic currently wreaking havoc on the global economy — and companies’ cash flow — there’s a good chance that businesses around the globe are putting their legal needs on the back burner. […]
Access Bank and Unity Bank alleged data breach: A lesson to Nigerian institutions
Michael IreneSeptember 9, 2020
An interesting development occurred in Nigeria last week. A self-acclaimed Access Bank hacker, one Ihebuzo Chris, posted a video on Twitter where he spoke about the bank’s security vulnerabilities and flipped through pages of A-4 paper containing what he said was the bank’s customers’ sensitive personal information. In a similar vein, a Unity Bank’s hacker […]
A feeble post-lockdown bounce
Gregory KronstenSeptember 1, 2020
By Gregory Kronsten FBNQuest This week we are sharing the findings of the third round of COVID-19 Impact Monitoring, a telephone survey conducted by the National Bureau of Statistics (NBS) with support from the World Bank. The bureau contacted the same 1,950 Nigerian households in April/May, between 02 and 16 June, and now between […]
A bull market dependent on a few big Tech names
Hussein SayedSeptember 1, 2020
By Hussein Sayed, Chief market strategist, FXTM Six months ago, the most widely followed index in the US, the S&P 500, was down 34% from its peak. Today it has not only recovered from all its losses, but also managed to hit new record highs having rallied more than 55% from its trough. Investors […]
The right to data portability in Nigeria data protection regualtion
Michael IreneSeptember 1, 2020
The right to data portability as stipulated in the Nigerian Data Protection Regulation (NDPR) raises two essential facets. Data subjects have the right to have their data transferred directly from one controller to another and data subject can ask for the transfer of data for the use of other tasks for the performance of functions […]
The future of payments in Africa
Murray GardinerAugust 29, 2020
By Murray Gardiner By 2050 the population of Africa is expected to grow to 2 billion, while the rest of the world experiences flat or declining population curves. Globally, about 1.7 billion adults (31% of adults) remain unbanked — without an account at a financial institution or through a mobile money provider. In 2014 […]
Thoughts on international transfers
Michael IreneAugust 25, 2020
There are many questions raised about the international transfers of data. Stakeholders ask two main questions. How a company can ensure that recipient of this data is compliant with data protection laws and more specifically how does one ensure that the supplier or vendor will follow the stipulated data protection framework of the data […]
Can data protection be breached in schools?
Chris IkosaAugust 19, 2020
There is this misconception held by most school owners and stakeholders in Nigeria about data protection. They often think that data protection doesn’t apply to them. Yet, the Nigerian Data Protection Regulation(NDPR) makes it clear that any organisation that manages data must pay attention to their data protection programs. In this week’s piece, I will […]