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Home Africa Nigeria

Facebook tweaking privacy settings, to offer a central hub for users to review, delete traces of activity

by Admin
March 28, 2018
in Nigeria

Facebook Inc., currently facing a firestorm over how it handles personal information, says it will make it simpler for users to examine and change some of the data Facebook tracks about them.

The tweaks announced Wednesday, which will roll out in the coming weeks, include a new, central hub in the Facebook app settings that contains existing tools for users to review and, if desired, delete traces of their Facebook activity such as past posts and search terms. Some other data, such as which ads users clicked on, still won’t be erasable. Facebook says any information users delete is wiped from its servers.

Facebook will also redesign its settings menu for mobile devices, now spread out across almost 20 different screens, and consolidate its privacy and security options in a single place.

The moves are part of broader changes Facebook is planning to bolster privacy, said Rob Sherman, Facebook’s deputy privacy officer. They come amid intensifying scrutiny from users, regulators and lawmakers over Facebook’s admission on March 16 that user data was improperly obtained by Cambridge Analytica, a data-analytics firm that worked for the 2016 Trump campaign.

The backlash has shaken Facebook and hammered its stock, cleaving more than $95 billion off its market value in just over a week. Chief executive Mark Zuckerberg apologized last week for a “major breach of trust” in the Cambridge Analytica episode and is expected to testify before U.S. lawmakers on data-use practices next month.

“It’s been a very intense week,” Sherman said in an interview. “One thing that’s been really clear is that we’ve lost people’s trust and need to do a lot of work right away to work on regaining it.”

The Cambridge Analytica revelation showed limits to Facebook’s enforcement of rules governing outsiders’ handling of user data and its ability to see how third parties may have used Facebook data. Facebook says the firm obtained the data, involving potentially tens of millions of users, in violation of its rules from an app developer that was allowed to have the information but not to sell it. It is investigating whether Cambridge Analytica kept the data after Facebook demanded it be deleted in 2015. Cambridge Analytica has said it followed Facebook’s policies.

The episode has prompted renewed attention to how much information about its users Facebook tracks, and accelerated government scrutiny of Facebook, which is already under a microscope for its role in allowing Russian-backed groups to use its tools to sway U.S. political discourse before and after the 2016 presidential race.

In a March 21 post, Zuckerberg said Facebook would investigate and audit app creators who may have abused personal data about Facebook users as well as restrict the amount of information available to developers.

However, Facebook is limited in its ability to track down instances of data misuse because the information is impossible to track once it is downloaded off Facebook servers, Zuckerberg said.

Sherman also said Facebook faces challenges in determining how data provided to app creators in the past may have been misused over time. But he said the effort is vital. “People will only feel comfortable using Facebook if they have confidence that their information will be protected,” he said.

Facebook’s current data crisis involving Cambridge Analytica has angered users and prompted government investigations.

Admin
Admin
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Methane rules spread across 67% of global production as Nigeria faces compliance test 

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October 17, 2026
Onafriq, a pan-African payments company, is set to discontinue its Baxi agent banking business in Nigeria after five years, citing naira depreciation, rising operating costs and intensifying competition that have weakened the segment’s profitability. The planned shutdown will affect the agent banking operations conducted through Baxi under Onafriq Nigeria Payments Limited. However, the decision does not signal the company’s withdrawal from Nigeria, as it intends to retain its cross-border payments network and card issuing services in the country. In a statement, Onafriq said changes in Nigeria’s operating environment since 2024 had significantly altered the economics of its offline agent banking business, making the existing model unsustainable. The move marks a strategic shift for the company, which entered Nigeria’s agent banking market to expand access to financial services through a network of agents providing transaction services outside traditional bank branches. Onafriq attributed the decision to a combination of macroeconomic pressures and structural changes in the country’s payments industry. According to the company, naira depreciation and inflation have affected transaction volumes, increased operating expenses and undermined the sustainability of its agent banking operations. The growing adoption of instant account-to-account transfers has also changed the mix of transactions handled by agents, while heightened competition among payment service providers has put further pressure on margins. These developments have made it increasingly difficult for the business to remain viable under its existing operating structure, prompting the company to reassess its long-term strategy. Dare Okoudjou, founder and chief executive officer of Onafriq, said the decision to close the business was difficult, particularly given the efforts of employees, agents and business partners who helped build the Baxi network. “We entered Nigeria with conviction and commitment, but did not achieve the outcome we set out for. Closing this business was a difficult decision to arrive at, one that affects colleagues, agents, and business partners across Nigeria who poured their hearts and soul into building out the Baxi network,” Okoudjou said. Despite the closure, he reaffirmed the company’s commitment to the Nigerian market, noting that the group would continue to serve customers through its payments network and card issuing operations. Onafriq entered Nigeria’s agent banking market in 2021 through the acquisition of Baxi, also known as Capricorn Digital Limited. The company said it continued investing in the business through 2023, with efforts focused on expanding and strengthening its agent network. However, a subsequent review of the business’s long-term prospects and financial sustainability led to the decision to wind down the operation. As part of the transition, Onafriq said agents onboarded through the Baxi platform had been moved to another principal bank, a step intended to facilitate continuity for the affected agents. The company has also directed agents to transfer their funds to their preferred principal bank within 30 days, adding that its teams would provide support throughout the transition process. Employees whose roles are linked to the agent banking business will also be consulted and supported during the wind-down, with Onafriq pledging to treat affected workers fairly.

Onafriq winds down Baxi as Nigeria’s agent banking economics worsen

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