{
  "id": 2902732,
  "title": "CBN urged to expand oversight of fintech, cloud risks",
  "url": "https://urgent.news/2026/08/24/cbn-urged-to-expand-oversight-of-fintech-cloud-risks-2902732",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T00:40:16.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/cbn-urged-to-expand-oversight-of-fintech-cloud-risks/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Central Bank of Nigeria (CBN) has been urged to expand its oversight to cover risks from cloud providers, telecom networks, fintechs, and other technology partners that banks are increasingly relying on. Director-General of the National Information Technology Development Agency, Kashifu Inuwa, emphasized that traditional regulatory approaches are insufficient for a financial system where banks depend heavily on technology providers and interconnected digital infrastructure. Inuwa warned that disruptions or outages at external providers could have ripple effects across the wider financial ecosystem, highlighting the growing challenge for financial regulators as banks and payment companies become more dependent on infrastructure they do not directly control. Inuwa called for regulators to develop end-to-end visibility across the technology ecosystem supporting modern banking, moving beyond monitoring individual institutions to identifying potential disruptions from third-party dependencies.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "CBN urged to expand oversight of fintech, cloud risks",
        "url": "https://urgent.news/2026/08/24/cbn-urged-to-expand-oversight-of-fintech-cloud-risks",
        "published": "2026-08-24T00:34:16.000Z"
      }
    ]
  },
  "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."
}