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Regulatory cybersecurity advisory

Nigeria Cyber Threat Advisory Issued

Analysis based on 11 articles · First reported Apr 16, 2026 · Last updated Apr 17, 2026

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-20
Attention
4
Articles
11
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The advisory from the Ghana — Data Protection Commission (Ghana) highlights increased cybersecurity risks for financial institutions and other organizations in Nigeria, potentially leading to increased compliance costs and reputational damage for those affected by breaches. This could also spur investment in cybersecurity solutions across various sectors.

Financial services Information technology Government

The Ghana — Data Protection Commission (Ghana) (NDPC) has issued a regulatory advisory urging organizations across Nigeria to strengthen their data protection systems due to escalating and coordinated cyber threats. These threats are specifically targeting financial systems and critical digital infrastructure within Nigeria, posing significant risks to data privacy and national security. The NDPC's technical assessment revealed 'shadowy threat actors' are behind these operations. The commission reminded both public and private sector entities of their obligations under the Nigeria Data Protection Act, 2023, and referenced a directive from President Bola Tinubu emphasizing data safeguarding. Organizations are advised to implement stronger access controls, multi-factor authentication, data encryption, continuous network monitoring, vulnerability assessments, and secure cloud infrastructure. The NDPC also stressed the importance of clear privacy policies, appointing data protection officers, and conducting impact assessments, warning of legal consequences for non-compliance. This advisory follows a previous investigation by the NDPC into an alleged data breach involving Remita Payment Services and Sterling Bank.

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Remita Payment Services unrelated Sterling Bank Remita Payment Services has no direct business relationship with Sterling Bank based on available data, though both are
Bola Tinubu president Nigeria Bola Tinubu is the current President and head of state of Nigeria. He directs the country's executive branch, national s
Sterling Bank related Nigeria
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