CBN's 2027 Data-Localisation Deadline Frames Live Compliance Challenge for Nigerian Fintechs

Nigeria's Central Bank has set a 2027 deadline requiring banks and financial institutions to localise data storage within the country, creating a live compliance and infrastructure challenge for fintech operators. The requirement goes beyond simply hosting data on local servers, according to new reporting framing the policy's broader scope. The deadline adds to the regulatory compliance burden facing Nigeria's digital finance sector.