CBN data localisation raises skills, security concerns
Experts say Nigeria has enough data-centre capacity for the CBN’s data localisation rule but warn of skills shortages and fibre security risks. Read More: https://punchng.com/cbn-data-localisation-raises-skills-security-concerns/
The Central Bank of Nigeria (CBN) has recently introduced a data-localisation requirement for payment data, which has raised concerns about both the necessary skills and security of Nigeria's data-centre infrastructure. At a recent roundtable discussion in Lagos, industry executives and government officials acknowledged that the country's data-centre capacity is sufficient to meet the new regulation, but highlighted potential issues such as shortages of specialised talent, pricing pressures, and the security of fibre infrastructure.
The discussion, organised by SPARK and B4B Partners, comes as the deadline for compliance approaches on January 1, 2027.
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