#13 Paystack's ₦250M fine, Nigeria-UK cybersecurity pact & Mastercard’s crypto move
Tech Tides Africa

#13 Paystack’s ₦250M fine, Nigeria-UK cybersecurity pact & Mastercard’s crypto move

2025-05-08
In this episode of the Tech Tides Africa podcast, Kelvin and Karen discuss how the Central Bank of Nigeria (CBN) has fined Paystack ₦250 million in a major move to tighten oversight of fintech operations and enforce regulatory compliance in Nigeria's digital finance sector. They also discuss how a Nigerian tribunal upheld a $220 million fine against Meta (Facebook’s parent company) for violating consumer data protection laws, marking a significant step toward stronger digital rights enforcement in Africa. Also in this epi...
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