Ayotunde Coker, CEO of Open Access Data Centres, discusses the need for banks to comply with the Central Bank of Nigeria's directive on data localisation. He states that hosting payment data locally by January 1, 2027, will have an enormous economic impact, signaling foreign cloud providers that they must invest in Nigeria or partner with local providers. Coker emphasizes that this will channel investment into Nigeria and benefit the economy and businesses. The interview excerpts highlight the importance of data localisation for the country.
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