Why Nigeria Govt Fines MultiChoice ₦766m

LAGOS JULY 7TH (NEWSRANGERS)-The Nigeria Data Protection Commission has fined MultiChoice Nigeria ₦766,242,500 for breaching the Nigeria Data Protection Act. NDPC is a public institution that processes data in furtherance of its mandate as Nigeria’s data protection authority and relies on recognised lawful bases for data processing such as consent, legal obligation, and contract. The…

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Crazy Bills: NERC Fines 8 DisCos N628m For Overbilling Unmetered Customers

LAGOS APRIL 11TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight power distribution companies (DisCos) for noncompliance with the capping of estimated bills for unmetered customers. A statement yesterday, NERC indicated that the affected DisCos are Abuja, Eko, Enugu, Ikeja, NERC said the companies overbilled customers in violation of energy caps set by the…

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CBN Fines Nine Banks ₦150m Each For Failing To Provide Cash In ATM

LAGOS JANUARY 15TH (NEWSRANGERS)-In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank was fined ₦150 million for non-compliance, in line with the CBN’s…

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CAF Fines Libya Over Misconduct Against  Benin During AFCON Qualifier

LAGOS DECEMBER 30TH (NEWSRANGERS)-The Confederation of African Football has imposed a hefty $50,000 fine on Libya and ordered the country to play two matches behind closed doors following supporter and official misconduct during their 2025 Africa Cup of Nations qualifier against Benin in Benghazi on November 18. This latest sanction comes barely two months after…

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U.S. Manufacturer Fined  $1.7m For Shipping Multibillion-Naira Farming Equipment To ‘Yahoo Boys’ In Nigeria

LAGOS DECEMBER 2BD (NEWSRANGERS)-Oregon Tool Incorporated, a U.S.-based company that sells farming equipment and precision cutting tools, has reached an agreement with the U.S. Department of Justice to pay $1.7 million fine for shipping multibillion-naira worth of tools to two Nigerian fraudsters known as ‘Yahoo Boys’, without carrying out due diligence, documents obtained by Peoples…

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