NDPC LAUNCHES FORENSIC DATA PRIVACY INVESTIGATION INTO UNILAG, LOTUS BANK, AND HACKERBELLA. (PHOTO).

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 NDPC LAUNCHES FORENSIC DATA PRIVACY INVESTIGATION INTO UNILAG, LOTUS BANK, AND HACKERBELLA The Nigeria Data Protection Commission (NDPC) is investigating the University of Lagos (UNILAG), Lotus Bank, and Hackerbella Ltd. This probe follows complaints that student data was used to open bank accounts without permission. The data sharing was reportedly part of a "Smart ID Card" project that mixed student IDs with bank cards. National Commissioner and Chief Executive Officer NDPC, Dr. Vincent Olatunji, ordered a full review of how this student information was collected and shared. Investigators are checking if the organizations followed the Nigeria Data Protection Act of 2023. They will look into the companies' privacy notices, data security, and whether they used automated systems to score or profile students. Head of Legal, Enforcement and Regulation  of NDPC, Babatunde Bamigboye, in a statement notes that the investigation will also check if the institutions properly asse...
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STANDARD BANK CEO WARNS: CLOSING THE DOOR ON MIGRANTS WILL COST SOUTH AFRICA. (PHOTO).

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STANDARD BANK CEO WARNS: CLOSING THE DOOR ON MIGRANTS WILL COST SOUTH AFRICA

Standard Bank Group CEO Sim Tshabalala has warned South Africa against clamping down hard on migration, saying it could badly damage the economy.


Speaking at the Kgalema Motlanthe Foundation Winter Seminar in Johannesburg, Tshabalala said migrants are not just "job takers" they are consumers, taxpayers, entrepreneurs and investors who keep the economy moving. They rent homes, use transport, start businesses, and buy goods and services every single day.


He used Brexit as a warning sign. When the UK cut itself off from free movement with Europe, the results were painful: GDP dropped by 6-8%, investment fell by 13%, and unemployment rose by about 4% compared to if Britain had stayed in the EU.


His message: shutting the door on migrants may sound good politically, but the numbers show it backfires economically.

This comes as South Africa reviews its immigration laws, and while anti-foreigner sentiment and protests continue to rise across the country.

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