CBN orders banks, fintechs to localise payment data, caps market dominance

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The apex bank disclosed this in its circular dated June 15, 2026, titled, “Introduction of Market Structure Requirements, Data Localisation, Ultimate Beneficial Ownership Disclosure, and Systemic Oversight Measures in the Nigeria Payments System.”

The post CBN orders banks, fintechs to localise payment data, caps market dominance appeared first on The Eagle Online.

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