#aalawsng

Sextortion is a crime mostly carried out online, regardless of a person's age, or gender. Take preventive measures against it.

Under CAMA 2020, directors owe strict fiduciary duties to the company.

Section 313 prohibits directors from accepting bribes, commissions, gifts, or profit shares connected to company transactions.

Self dealing is a breach of duty, even where the company appears to benefit.

If violated, the transaction can be challenged.

The benefit can be recovered.

Both the director and the third party may face liability.

Transparency is not optional.

Board disclosure and proper minute recording are essential.

Strong governance protects corporate credibility.

A recent report indicates that Substack, the newsletter publishing platform, experienced a data breach exposing users’ email addresses and phone numbers.

Some may say,

“It’s only contact information.”

That assumption is legally flawed.

Under #data protection law, personal data includes any information that identifies or can identify an individual. Email addresses and phone numbers clearly qualify. They are direct identifiers and fall within the scope of statutory protection.

The absence of financial data does not eliminate legal exposure.

Once disclosed, contact information can facilitate phishing schemes, SIM swap fraud, social engineering attacks, and identity profiling. These risks heighten the legal consequences of a #breach because regulators assess both the nature of the data and the potential harm arising from its exposure.

The key legal question is not simply what data was accessed.

It is whether the organisation complied with its statutory obligations.

Did it implement appropriate technical and organisational measures as required by law?

Was there a lawful basis for processing the data?

Were processors properly bound by data protection agreements?

Were breach notification thresholds triggered?

Were affected data subjects informed where required?

Under modern data protection regimes, both controllers and processors may face administrative penalties, enforcement directives, and reputational consequences.

The defence that an entity is “only a platform” or “just a processor” does not automatically shield it from scrutiny. Liability increasingly travels across the data ecosystem.

For Nigerian #businesses, the Nigeria Data Protection framework imposes clear duties: implement safeguards, maintain processing records, ensure lawful processing, and notify regulators of qualifying breaches.

Regulators are no longer satisfied with policy statements. They examine evidence of compliance.

Data protection is a statutory obligation.

Thinking of expanding or investing in Kano State?

Kano offers some of Nigeria’s strongest incentives for private-sector growth — from PPP opportunities under the ICRC framework to pioneer status benefits, tax credits, export grants, R&D deductions, and state-level concessions such as land access and fast-tracked permits.

These incentives cut across key sectors including agriculture, mining, manufacturing, and technology, making Kano a strategic destination for investors looking to build long-term, compliant and well-structured operations.

Thinking of expanding or investing in Kano State?

Kano offers some of Nigeria’s strongest incentives for private-sector growth — from PPP opportunities under the ICRC framework to pioneer status benefits, tax credits, export grants, R&D deductions, and state-level concessions such as land access and fast-tracked permits.

These incentives cut across key sectors including agriculture, mining, manufacturing, and technology, making Kano a strategic destination for investors looking to build long-term, compliant and well-structured operations.

Understanding what truly qualifies as a small company under Nigeria’s new 2025 tax laws is essential for proper compliance and planning.

The Nigeria Tax Act, 2025 and the Nigeria Tax Administration Act, 2025 introduce clearer thresholds for tax rates, VAT obligations, and simplified filing — helping businesses know exactly where they stand.

Understanding what truly qualifies as a small company under Nigeria’s new 2025 tax laws is essential for proper compliance and planning.

The Nigeria Tax Act, 2025 and the Nigeria Tax Administration Act, 2025 introduce clearer thresholds for tax rates, VAT obligations, and simplified filing — helping businesses know exactly where they stand.