Ultimate Beneficial Ownership (UBO)
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The individuals who ultimately own or control a company, crucial for transparency and anti-money laundering efforts.
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CBN gives banks and fintechs 6 months to localise payment data
Techpoint Africa - Jun 16, 2026
The CBN has directed banks and payment service providers to store transaction data on local servers by January 1st, 2027. The new regulations are part of a broader effort to strengthen oversight of Nigeria's digital payments ecosystem.
Ultimate Beneficial Ownership (UBO)Rakiya YusufCentral Bank of NigeriaNigerian Data Protection Laws
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