What is Data Protection?

What is Data Protection?

September 17, 2019

To understand what data protection entails it is important we know what data is all about. Data as simply expressed by the oxford dictionary can mean facts and statistics collected together for references of analysis. Data can be facts, figures, statistics, characters etc transmitted in a computer. For instance, your personal information forms your personal data or the statistics of people that view Betnaija daily is also known as data

The data protection law is the Law that regulates and guide the use of Data. The Data protection law controls the collection and dissemination of data. It can also be defined as the process of protecting sensitive data such as prevention from identity theft, safeguard of privacy, safe from loss and every unauthorised access

As a result of the recent trend where a lot of companies both private and public have migrated their business online, the need to secure Data has became paramount. Hence, the Nigeria Data Protection regulation NITDA 2019 was enacted to safeguard privacy, to ensure safe transfer of personal data, to prevent wrongful use of personal data and to ensure that Nigeria businesses remain competitive in the international market through a just and equitable legal framework on data protection. The regulation is to regulate how data should be used in Nigeria.

It is important to note that the Data protection Law defers from country to country. Although, the goal is usually similar which is to secure data legally.




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Frequently Asked

  • When are Annual Returns due for filing?

    A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.

    The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.

  • Do I need a Company Secretary?

    A limited liability company (LLC) must have a company secretary.

  • What is a testimonium clause in an agreement?

    This is the part of the agreement where the witness attests to have witnessed the execution of the agreement.

  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water

  • Can I use the data collected legally for one purpose for another purpose?

    No, you can’t use the data collected for one purpose for a different purpose.

  • Does copyright protect website Domain names?

    No, copyright does not protect domain names.

  • Can I process/register multiple products at NAFDAC at the same time?

    Yes, you can process/register multiple products at the same time

  • Can my kids be shareholders in my company?

    Yes your kids can hold shares in your company but there must be a minimum of two adult shareholders before kids can be included.

  • Does a trademark search automatically reserve my trademark name?

    No, a trademark search does not automatically reserve that which is sought to be trademarked. A search ascertains whether that which is sought to be trademarked is available or violates any existing trademark.

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