CBN orders banks and fintechs to disclose owners, store data in Nigeria

Nigeria's Central Bank (CBN) has mandated banks and fintech companies to disclose their owners and store payment data within Nigeria, aiming to enhance transparency and reduce market risks.

16 Jun, 04:42 — 16 Jun, 04:42

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Premium TimesMostly Factual74d ago

CBN orders banks, fintechs to disclose owners, store payment data in Nigeria

The apex bank said the new measure aims to promote transparency, reduce market concentration risks, and enhance the resilience of the country's payments ecosystem. The post CBN orders banks, fintechs to disclose owners, store payment data in Nigeria appeared first on Premium Times Nigeria.

By Omotoyosi Idowu

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CBN orders banks and fintechs to disclose owners, store data in Nigeria

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CBN orders banks, fintechs to disclose owners, store payment data in Nigeria

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