Author: Content Team
-
The CBN Has Mandated Data Localisation by January 2027. The Harder Questions Start Now.
On June 15, 2026, the CBN’s Payments System Supervision Department issued circular PSS/DIR/PUB/CIR/001/004, signed by Director Rakiya O. Yusuf. It requires every financial institution facilitating payments in Nigeria — deposit money banks, microfinance banks, mobile money operators, switching companies, payment solution service providers, super agents — to ensure that payment transaction data generated within Nigeria… Read more
-
CBN CSAT Countdown: What Nigerian Banks Must Fix Before the Clock Runs Out
The CBN’s Cyber Security Assessment Tool isn’t new. What is new is the consequence of getting it wrong. Nigerian banks have been sitting on CSAT readiness gaps for months — some for years — assuming that submission buys them time. It doesn’t anymore. The CBN has made clear that CSAT results are not filed and… Read more
-
Leadership Reshuffle Signals Bold New Chapter for Metropolitan Networks Nigeria
March 2025 marked a significant milestone in the evolution of Metropolitan Networks Nigeria, as the company officially welcomed a new management team and shareholder structure. Industry veterans Deji Orekoya and Chike Okeke have taken the reins as the primary and sole shareholding directors, bringing with them a renewed vision and sharpened focus on delivering world-class… Read more
-
UK-based Metropolitan Networks Debuts in Nigeria
Metropolitan Networks, a United Kingdom-based information technology (IT) security company, operating in different parts of the world, has made its debut in Nigeria, with a focus to use its solution to further develop organisations operating in Nigeria. Working with a local partner in Nigeria, Metropolitan Networks seeks to offer its IT solutions, its disaster recovery… Read more