CBN Data Localisation Rule: Only 59% of Banks and Fintechs Ready for January Deadline

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Just 59 percent of Nigerian banks, fintechs and financial institutions are able or likely to meet the January 1, 2027 deadline set by the Central Bank of Nigeria (CBN) for their payment transactions to be stored locally. The findings were revealed by the National Information Technology Development Agency (NITDA) on Wednesday. The News Chronicle reports […]

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