Over 50% of financial industry ready for data localisation — CBN

File photo: Behind the scenes on a Nollywood set.
File photo: Behind the scenes on a Nollywood set. Photo: MediaMOF / CC BY-SA 4.0, via Wikimedia Commons

Central Bank of Nigeria (CBN) yesterday said that more than 50 per cent of Nigeria’s financial industry is ready to comply with data localisation requirements, stressing that the country…

Central Bank of Nigeria (CBN) yesterday said that more than 50 per cent of Nigeria’s financial industry is ready to comply with data localisation requirements, stressing that the country must strengthen its digital sovereignty without undermining innovation and global technology integration. The Director, Payment System Supervision Department, CBN, Dr. Rakyat…

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