Firm expands domestic cloud capacity

As Nigeria's Central Bank approaches its January 2027 data localisation deadline, Cloudvantage Limited has announced plans to expand domestic cloud computing capacity. The company, in partnership with data centre operator Rack Centre, aims to enable financial institutions to store sensitive information and run critical applications within Nigeria.

The new infrastructure is designed to reduce reliance on overseas cloud providers and support regulatory compliance. Cloudvantage's Managing Director, Muhideen Ashiru, emphasized the importance of local infrastructure in making data localisation practical for businesses. The company's Lagos facility, housed in a high-security facility with 99.9 percent service availability, features automated failover systems to maintain operations during technical failures.

Ashiru highlighted the need for secure data transfers, effective system integration, and reliable backup arrangements to ensure businesses do not face operational shutdowns or regulatory penalties when the CBN rule takes full effect.