CBN DATA LOCALISATION: compliance imminent, infrastructure available — Coker, OADC CEO

🇳🇬 Vanguard Nigeria (NG) —
CBN DATA LOCALISATION: compliance imminent, infrastructure available — Coker, OADC CEO

AI Summary

The Central Bank of Nigeria (CBN) is set for imminent compliance with its January 1, 2027 deadline for data localisation of payment transaction data. Infrastructure availability has been confirmed by Open Access Data Centre CEO Dr. Ayotunde Coker, easing fintech and bank operators' compliance concerns.

By Prince Osuagwu As the January 1, 2027 Central Bank of Nigeria, CBN deadline for financial institutions to localise payment transaction data, approaching faster than imagined, the Chief Executive Officer of Open Access Data Centre, OADC, Dr. Ayotunde Coker, has said Nigerian banks, fintechs and other payment operators no longer have any reason to delay […] The post CBN DATA LOCALISATION: compliance imminent, infrastructure available — Coker, OADC CEO appeared first on Vanguard News.

Politics Markets Deals Real Estate AI & Tech Central Bank of Nigeria data localisation payment data compliance Open Access Data Centre fintech

Read original source →