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CBN DATA LOCALISATION: compliance imminent, infrastructure available — Coker, OADC CEO
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CBN DATA LOCALISATION: compliance imminent, infrastructure available — Coker, OADC CEO

The Central Bank of Nigeria (CBN) has set a deadline of January 1, 2027, for financial institutions to localize payment transaction data within the country. Dr. Ayotunde Coker, CEO of Open Access Data Centre (OADC), asserts that Nigeria's data center infrastructure is ready to meet this requirement, dismissing concerns about insufficient capacity. He highlights ongoing expansions and significant investments in the sector, noting that multiple data centers are being developed or expanded. Coker urges financial institutions to start preparing for compliance immediately rather than seeking delays.

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CBN DATA LOCALISATION: compliance imminent, infrastructure available — Coker, OADC CEO

The Central Bank of Nigeria (CBN) has set a deadline of January 1, 2027, for financial institutions to localize payment transaction data within the country. Dr. Ayotunde Coker, CEO of Open Access Data Centre (OADC), asserts that Nigeria's data center infrastructure is ready to meet this requirement, dismissing concerns about insufficient capacity. He highlights ongoing expansions and significant investments in the sector, noting that multiple data centers are being developed or expanded. Coker urges financial institutions to start preparing for compliance immediately rather than seeking delays.

Ocena pristranskosti (Sredina): The article presents information from a private sector representative regarding infrastructure readiness for a regulatory mandate. It does not exhibit overtly biased language, one-sided sourcing, or omission of context. The framing remains neutral, focusing on technical capabilities and regulatory遵从

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