CBN’s mandatory local hosting will cut Nigerian banks, funechs’ forex exposure – ALTON

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has said that the latest Central Bank of Nigeria’s directive on local hosting of payment transaction data would help Nigerian banks and fintechs cut their exposure to foreign exchange volatility. The post CBN’s mandatory local hosting will cut Nigerian banks, funechs’ forex exposure – ALTON appeared first on Nairametrics .

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