Alert: Central Bank of Nigeria Circular PSM/DIR/PUB/CIR/02/01

Title: Circular on the Regulatory Framework on Open Banking in Nigeria

Summary: The Central Bank of Nigeria has issued a regulatory framework for Open Banking in Nigeria, aiming to promote innovation, expand financial product offerings, and enhance financial inclusion. The framework establishes principles for data sharing, including requirements for data and API access, technical design, and information security. Operational guidelines related to the framework will be provided at a later date.

Posted on: Wednesday, February 17, 2021

Download: PSM/DIR/PUB/CIR/02/01