CBN data localisation push could make Nigeria Africa’s data hub—OADC CEO

NAIRAMETRICS | 22-09-2026 09:56am |

The Central Bank of Nigeria's directive requiring banks and fintechs to host their data in Nigeria by January 2027 is creating fresh demand for local data centre and cloud infrastructure. The policy, according to the CEO of OADC, could position Nigeria as Africa's data hub. However, it also raises questions about capacity, resilience, and power supply.

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