{
  "id": 17033349,
  "title": "CBN Data localization rule: Only 59% of banks, fintechs ready for January deadline",
  "url": "https://urgent.news/2026/10/29/cbn-data-localization-rule-only-59-of-banks-fintechs-ready-for",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T08:03:05.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/29/cbn-data-localization-rule-only-59-of-banks-fintechs-ready-for-january-deadline/"
  },
  "original_language": "en",
  "account": null,
  "summary": "A survey conducted by the National Information Technology Development Agency (NITDA) has revealed that only 59% of banks, fintechs and other financial institutions in Nigeria are ready to meet the January 2027 deadline set by the Central Bank of Nigeria (CBN) for them to host all payment data locally. The post CBN Data localization rule: Only 59% of banks, fintechs ready for January deadline…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}