Telecom
DPOs Advocate Single Regulatory Body for Data Protection Acts
Some Data Protection Officers (DPOs) have advocated a single regulatory body for Data Protection Acts, to sustain the already established confidence by investors in the country.
Participant and facilitators at a three- day workshop organised by Data and Knowledge Information Academy for Data Protection Officers in Lagos
The DPOs spoke in an interview with the News Agency of Nigeria (NAN) in Lagos on Thursday, on the sidelines of the 2nd edition of a training workshop for DPOs.
They spoke against the backdrop of Lagos state proposing a Data Protection Bill.
NAN reports that the three-day workshop, which is from Oct. 15 to Oct. 17, is organised by the Data and Knowledge Information Academy (DKIA), a subsidiary of Data & Knowledge Information Privacy Protection Initiative (DKIPPI).
NAN also report that the workshop is to prepare non-certified Data Protection Officers (DPO) for Nigeria Data Protection Certification Examination by Nigeria Data Protection Commission (NDPC).
Highlighting the benefits, the President of DKIPPI, Mr Tokunbo Smith, said that a single regulatory body, which is the NDPC for data protection acts rather than separate regulatory bodies, would streamline processes, reduce confusion and make it easier for businesses to operate.
Smith said that this would also help to protect data subject rights and maintain the principle of data protection.
He said that having a single regulator would also help to avoid legal issues and confusion around who collects what and when.
According to him, this approach will be similar to how the European Commission maintains one law regulating all European countries, and how China and South Africa have one regulator.
“This would help to create a more business friendly environment and attract investors, as they would only have to deal with one regulator.
“Also, when you look at it from the organisational aspect, most organisations are struggling, the economy is not good.
“This means we are creating a hostile environment for investors, because when investors come in, they are going to talk about their personal data and data subject as well,” he said.
According to Smith, if Europe cannot guarantee the personal data of a data subject from abroad, the country will lose investors.
Smith, also a Data Controller, said: “The best thing is for the one single regulator.
“They can have branches, regional branches, or state branches, that will now control the difference the states”.
Also, the Head, Research and Strategy, Nigeria Council of Real Estate Insurance Workers, Mrs Fadheelah Salam, affirmed that there should be a single regulatory body for data protection law.
Salam said that having different or states regulatory body would jeopardise the purpose of the one 18 months data protection law.
She said that not only would it erode inter and intra trade, but also promote underdevelopment of some state because some would eventually not implement the law.
According to her, NCDC is supposed to be the overall body that monitors all the states’ compliance to the NCDC Act, it can only have branch offices in each state for them to monitor implementation, advocacy and awareness.
Another participant of the training from Industrial General Insurance, Mr Sheriff Adeyeye, also advocated a single regulatory body for the NDPC acts, just as it is inheritance banking and insurance sector.
Adeyeye said that NDPC should be like the Central Bank of Nigeria, NDIC, that have branches in every state but have only one regulator because it is easier to monitor people’s activities that way.
“Take for instance, someone from Central Bank in another state could come to Lagos state to audit the banks because it is heading towards one direction, one goal which is easier.
“In this case, if there should be different regulators in each state, apparently there will be diversion from the main goal of the regulator and be uses as internally generated revenue by different states”.
Another participant from the Institute of Directors, Chucks Ezinmadu, said that there should be one regulator, simply because it is easier to manage and implement.
According to Ezinmadu, there is a reason the European Commission has one law regulating all the European countries, 26 countries countries coming together to adopt the General Data Protection Regulation.
He said same thing could be replicated in Nigeria to avoid some legal tussles within the state and Federal, as to who collects what and when.
News
NITDA Communications Director Hadiza Umar Named in 2026 PR Power List, Graces Glazia Magazine Cover
Mrs. Hadiza Umar, Director of the Corporate Communications and Media Relations Department at the National Information Technology Development Agency (NITDA), has been officially recognised as one of Nigeria’s top public relations professionals in the prestigious 2026 PR Power List.
The definitive annual list, compiled by GLG Communications in partnership with The Guardian, was unveiled to commemorate World PR Day.
It celebrates 50 outstanding professionals within Nigeria and the diaspora whose strategic communication strategies have significantly shaped organisations, influenced public discourse, and advanced the profession over the past 12 months.
Adding to the momentous milestone, Mrs. Umar was hit with a major surprise at the exclusive PR Power List Soirée and Awards ceremony held at the Alliance Française in Ikoyi, Lagos, where she was unveiled as a front-cover personality for the Glazia Magazine PR Power List Special Issue.
The double recognition highlights her exceptional distinction and impact in public sector communications and narrative management.
Speaking on the dual achievement, Mrs. Umar expressed profound gratitude for the honours, describing the magazine cover appearance as a breathtaking surprise.
“I am deeply humbled and honored to be recognized on the 2026 PR Power List and to feature on the cover of Glazia Magazine alongside other exceptional industry titans,” Umar said.
“This milestone is a testament to the enabling environment and visionary leadership of the Director General of NITDA, Kashifu Inuwa Abdullahi, CCIE, which has allowed us to strategically drive the narrative of Nigeria’s digital economy and technological innovation.”
Mrs. Umar, a highly respected corporate communications strategist, holds professional fellowships in the Nigerian Institute of Public Relations (Chartered), the African Public Relations Association (APRA), and the Institute of Corporate Administration (CICA).
Under her supervisory role, NITDA’s media relations have consistently projected national information technology frameworks, start-up support frameworks, and digital literacy initiatives, to position Nigeria competitively on the global stage.
The 2026 PR Power List selection process involved a rigorous, independent evaluation led by a distinguished international jury.
The organisers noted that the class of 2026 represents professionals raising the standard of strategic communications and introducing new ideas to the industry.
The need for Nigeria to think outside the box in its need to drive towards global relevance with innovations and scientific developments will be on the front burner at the NITRA Innovative & Scientific Conference scheduled to hold on Thursday July 23, 2026 in Ikeja, Lagos.
NITRA
The Nigerian Communications Commission (NCC) will lead other delegates to discuss and take far-reaching decisions at the event, which has its theme as “Bridging Nigeria’s Digital Divide With Scientific Innovation”.
Other companies that have indicated interest in partnering with NITRA include mobile communications company, Tecno; Africa’s premier end-to-end AI solutions company, Hyperspace; and telecommunications data infrastructure company, Digital Realty.
Speaking on the proposed event, the Chairman, Nigeria Information Technology Reporters Association (NITRA), Chike Onwuegbuchi noted that the event will seek to create a platform for government and private organisations to deliberate on policies around scientific innovations in Nigeria, challenges, place of indigenous and foreign collaboration, roles of each stakeholder, and grassroots development in that regard, among others.
According to him: “The Federal government, with series of programmes and partnerships, has established the urgent need to create an ecosystem that thrives on scientific innovation, breeding institutions and individuals with a target of placing the country at the fore-front of Next-Gen development.
It is a known fact that digital and scientific innovations are crucial, not only to the survivability of a nation, but also to the sustainability of its growth and development, with significant effect on economic strength, global image, defense and security, government capabilities to function, and public health and safety, communication and digital footprint, among others.
The federal government is actively driving scientific innovation to foster economic diversification and build a $1 trillion economy by 2030. Efforts are heavily focused on commercializing research, establishing massive research funds, and funding strategic infrastructure, particularly in technology, biotechnology, and healthcare. Core government initiatives and policies include the newly instituted National Research and Innovation Development Fund (NRIDF), which aims to mobilize about $500 million annually to support research and the commercialization of scientific outputs; and the Nigeria Genomic City, a multi-ministerial initiative aimed at transforming Nigeria into a leading hub for genomics, precision medicine, and biotechnology. It is designed to protect indigenous data, stimulate artificial intelligence in health, and develop a highly skilled scientific workforce.
According to the General Secretary of NITRA, Mr. Chidiebere Nwankwo, the forum will also be a vehicle to propagating the views of decision makers to the public, thereby furthering the cause of public awareness and information dissemination on the topic.
The focus, he said will be on how Nigeria can sustain digital innovative growth and scientific development in Nigeria
The board of global payments company, PayPal, says a 53 billion dollars takeover offer from financial technology firm, Stripe, and private equity company, Advent International, does not adequately reflect the company’s long-term value.
PayPal
According to reports, the proposed acquisition, valued at 60.50 dollars per share, remains under consideration, with the board yet to formally respond to the offer.
The directors are said to be evaluating not only the financial value of the proposal but also the structure of the financing, the timeline for completing the transaction and the likelihood of obtaining regulatory approvals.
They are also considering the possibility of competing bids emerging.
Although the offer represents a premium of about 28 per cent above PayPal’s recent share price, the board believes the company could deliver greater value to shareholders if its ongoing turnaround strategy succeeds.
Following reports of the bid, PayPal shares gained about two per cent to close at 56.73 dollars.
Sources familiar with the discussions said Stripe and Advent have secured approximately 50 billion dollars in debt financing from JPMorgan and Morgan Stanley, while both firms would jointly contribute 17 billion dollars in equity.
Under the proposal, the two companies would jointly own PayPal instead of dividing its operations.
PayPal, Stripe, Advent International, JPMorgan and Morgan Stanley have all declined to comment on the proposed transaction.
The discussions come as PayPal seeks to strengthen its business after years of increasing competition from rivals including Apple Pay, Google Pay and emerging financial technology firms.
The company, which was valued at about 360 billion dollars in 2021, now has a market capitalisation of approximately 36 billion dollars.
Since assuming office as Chief Executive Officer in March 2026, Enrique Lores has embarked on a restructuring programme aimed at improving operational efficiency and restoring growth.
The restructuring includes the creation of three business divisions comprising Checkout, Venmo and Consumer Financial Services, and Payments and Crypto.
The company is also targeting 1.5 billion dollars in cost savings through the deployment of artificial intelligence technologies.
PayPal’s latest financial results indicated signs of recovery, with first-quarter revenue rising seven per cent year-on-year to 8.35 billion dollars, while total payment volume increased by eight per cent to 464 billion dollars.
If approved, the transaction would combine two of the world’s largest digital payments companies.
The combined business would process an estimated 3.7 trillion dollars in annual payment volume, significantly strengthening its position in the global online payments market.
However, analysts expect the proposed acquisition to face intense regulatory scrutiny because of the companies’ combined market share in merchant payment services.
To address possible antitrust concerns, the bidders have reportedly considered options, including separating PayPal’s Braintree business or other assets if required by regulators.
Sources said Stripe and Advent remain interested in pursuing the acquisition despite the board’s reservations, although negotiations are expected to continue.
Market observers are also awaiting PayPal’s earnings report scheduled for July 28 for further indications of the company’s financial recovery and future growth prospects.
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