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Tech News

Public institutions to digitize databases in 60 days, NITDA orders

Controlling sensitive data is a position of trust that requires adherence to the highest ethical and professional standards, in line with global practices and secure technological innovation, as the data is of public importance.

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E-payments solutions responsible for e-commerce growth in Nigeria - NITDA, Dividends of digital economy will make Nigeria globally competitive - NITDA , NITDA issues 100 companies data protection non-compliance notice 

The National Information Technology Development Agency (NITDA) has given a 60-day deadline for public institutions holding or processing personal data to securely digitize all databases.

This will be done in adherence to the highest level of information security, ensuring confidentiality, integrity and resilience of all databases within such institutions’ control.

According to a press release that was signed by Mrs Hadiza Umar, Head of NITDA’s Corporate Affairs and External Relations, and made available on the website, this directive is part of the Guideline for Management of Personal Data by Public Institutions in Nigeria 2020. Part of the statement said:

“All Public Institutions holding or processing personal data are required to securely digitize all personal databases within 60 days from the issuance of the Guidelines.

“Similarly, all such public institutions are required to maintain the highest level of information security to guarantee confidentiality, integrity, availability and resilience of all databases within their control.”

READ ALSO: China’s 3-5-2 policy to phase out foreign tech will scale-up Zinox, Omatek if FG adopts 

The guidelines are to be considered supplementary regulations to the Nigeria Data Protection Regulation (NDPR), 2019, which is still considered valid and binding on all Nigerian individuals and institutions.

Controlling such sensitive data is a position of trust that requires adherence to the highest ethical and professional standards, in line with global practices and secure technological innovation, as the data is of public importance.

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The new guidelines “also mandates the use of secure technology and automated processes for personal data by Public Institutions, in line with the requirements of the National Digital Economy Policy and Strategy,” and in consonance with emerging global data regulatory models.

READ ALSO: Surviving the looming recession in the Nigerian tech space

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Collaboration for interventions

There will sometimes be a need for collaborations between the public and the private sectors in handling interventions for the benefits of citizens, and this could necessitate the use or release of such data.

The new NITDA guidelines recognise this and provides a framework that will ensure the privacy of citizens’ data without hindering the process.

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“The COVID-19 pandemic, for example, has brought up the need for more personal data use to limit the spread of the virus. While we recognise the existence of constitutional limitations on privacy rights in the interest of public health and safety, yet such limitations must be based on defined frameworks,” the statement read.

NITDA urged compliance from all concerned institutions, stressing that “the Agency shall not hesitate to invoke the punitive sanctions provided in the NITDA Act 2007 and NDPR in the event of breach or abuse of personal data of Nigerians.”

READ MORE: Equities: CBN’s heterodox policies is driving domestic investors’ to the stock market.

What you should know

NITDA, the apex regulatory body for Information Technology in Nigeria, issued Nigeria’s first comprehensive framework for the protection of personal data, the NDPR 2019, to provide a framework for the protection and processing of personal data of Nigerians and residents.

The agency functions under the Federal Ministry of Communication and Digital Economy and is charged with the task of monitoring the use of electronic data interchange and other forms of electronic communication transactions in Nigeria.

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Ruth Okwumbu has a MSc. and BSc. in Mass Communication from the University of Nigeria, Nsukka, and Delta state university respectively. Prior to her role as analyst at Nairametrics, she had a progressive six year writing career.As a Business Analyst with Narametrics, she focuses on profiles of top business executives, founders, startups and the drama surrounding their successes and challenges. You may contact her via [email protected]

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Business News

NCC discloses application requirements for Proof of Concept trial license

The NCC stated that it had been inundated with requests related to trial frequencies for the purpose of verification of certain concepts.

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NCC Building, MTN, Glo, Airtel, 9mobile, NCC, Acquisition, Teleology

The National Communications Commission (NCC) has released application requirements for trial frequencies in certain spectrum brands under the Proof of Concept (POC) Trial license.

This was disclosed on Wednesday, April 14, 2021, in a statement signed by the Director of Public Affairs, Dr Ikechukwu Adinde; and made public on the Commission’s verified Twitter account, @NgComCommission.

The NCC stated that it had been inundated with requests related to trial frequencies for the purpose of verification of certain concepts.

The requirements listed by the NCC include:

  • The PoC trial license application must only be granted to Original Equipment Manufacturers(OEMS)/Vendors, or operators in conjunction with their Original Equipment Manufacturers.
  • PoC trial shall not exceed a period of three months effective from the date of approval.
  • Equipment for Proof of Concept must be ‘Type-approved’ by the Commission.
  • Appropriate Spectrum fees must be paid in accordance with the NCC’s regulations.

In case you missed it

Nairametrics reported that Nigerian telco giant MTN recently announced its acquisition of an additional 10MHZ spectrum in the 800MHz band from Intercellular Nigeria Limited.

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Billionaire Watch

Elon Musk gains $19bn in 3 days, gap with Jeff Bezos shrinks to $4bn

Elon Musk’s wealth jumped from $175bn as of last week Saturday to $194bn this morning.

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Elon Musk, Tesla, SEC, Stock, Twitter, COVID-19: Tesla’s Elon Musk to produce ventilators as fast-spread of disease lingers

Elon Musk has witnessed an eventful past three days as his wealth leapt from $175 billion (as of last week Saturday) to $194 billion this morning.

The eccentric businessman has now closed the gap between himself and Jeff Bezos to just about $4bn according to Bloomberg Billionaires Index.

Nairametrics is quickly going to highlight the reasons for the recent massive surge of dollars for Elon Musk.

Tesla share price increase

According to Market Watch, Tesla stocks ended yesterday at their highest value in 8 weeks. The electric car company stock price increased by 8.6% and sold at $762.32.

According to Motley Fool, the reason for this increase is a generally upbeat mood in the market about growth stocks. It also believed the increase was driven by optimistic comments about Tesla stocks by trusted analysts.

A surge in Tesla car sales

According to Nairametrics finance department, Tesla delivery of new cars in the last 3 months of the year exceeded Wall Street expectations. Tesla delivered 184,800 new cars from January to March. This number exceeded Wall Street expectations pegged at 177,000 cars.

What you should know

  • Jeff Bezos only gained $1bn in the last 3 days, the same duration of days Elon Musk gained $19bn according to the Bloomberg Billionaire’s index.
  • Tesla is currently being portrayed and compared to Apple. The EV carmakers are modelling their vehicles and branding them to fit the “Apple of electric cars” persona. This was made public by Canaccord Genuity analyst Jed Dorsheimer. This also played a role in the surge of stock prices.
  • Tesla is currently the most valuable car company in the world with a market capitalization of $593.8 billion according to Yahoo Finance.

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