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Nigeria’s central bank requires 15 billion naira from issuers, captures 3,560 billion naira, and wants to repatriate payment data.
3 articles from 6 November to 11 November 2026 · 🇳🇬 Nigeria
The Central Bank of Nigeria wants electronic transaction data brought back to the country, as Nigeria recorded 1.05 quadrillion naira across more than 12 billion transactions in the first quarter, according to the Nigeria Inter-Bank Settlement System. The aim is to strengthen data security and reduce dependence on infrastructure hosted abroad, Leadership reports.
Source: Leadership
The Central Bank of Nigeria wants electronic transaction data brought back to the country, as Nigeria recorded 1.05 quadrillion naira across more than 12 billion transactions in the first quarter, according to the Nigeria Inter-Bank Settlement System. The aim is to strengthen data security and reduce dependence on infrastructure hosted abroad, Leadership reports.
🇳🇬 Nigeria · 05:00
Nigerian central bank bills attracted 3.56 trillion naira, or 48.3% of the 7.37 trillion naira traded on the bond market between 1 and 6 November. Federal government bonds followed with 2.29 trillion naira, according to bond dashboard data cited by This Day.
🇳🇬 Nigeria · 02:01
Nigeria’s central bank requires issuers to hold minimum capital of 15 billion naira for stablecoins linked to foreign currencies, notably the US dollar. New rules also set thresholds of 10 billion naira for naira-linked tokens and 1 billion for other providers, Punch reports.
🇳🇬 Nigeria · 23:53
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