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Stories, insights, and advice that will transform banking and finance for good
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CBN’s Open Banking Approval: 3 Things Banks and Fintechs Should Be Doing Now

October 31 2025

  • Information
As Nigeria awaits the CBN’s Open Banking approval, here are three practical steps banks and fintechs can take now to stay ahead....
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Has Nigeria’s Open Banking Conversation Lost Momentum?

October 28 2025

  • Progress Updates
Nigeria’s open banking may seem to have gone quiet, but behind the scenes, the CBN and industry players are finalizing the frameworks that will power the country’s long-awaited open banking launch....
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The Building Blocks of Nigeria’s Open Banking System

September 22 2025

  • Information
As Open Banking becomes a reality in Nigeria, discover the three pillars shaping its success....
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What’s open finance and what does it mean for Nigeria?

April 29 2025

  • Information
The point is: Open Finance makes financial services smarter, more personalised, and a lot more useful....
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Important things to know about the API standard for open banking in Nigeria

Important things to know about the API standard for open banking in Nigeria

March 21 2025

  • Information
At the center of the open banking shift is the API standard, which dictates how institutions should share data in a structured and secure way....
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Will OBN use FAPI

Will Nigeria use FAPI for authentication?

February 28 2025

  • Thought leadership

John needs to sign up for a new budgeting app. Instead of creating yet another password, he sees an option to log in with Google. He clicks it, Google verifies his identity, and within seconds, he has access. No new...

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Does Nigeria need OCEN to boost credit?

January 31 2025

  • Thought leadership

In a nation where over 41 million Micro, Small, and Medium Enterprises (MSMEs) contribute nearly half of the GDP, it’s perplexing that less than 11% have access to formal credit. In 2016, the Central Bank of Nigeria established the National Collateral Registry to enhance...

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Pros and cons of Nigeria’s adoption of ISO 20022 for Open Banking Nigeria

January 30 2025

  • Information
This article examines the benefits and challenges of adopting ISO 20022 for open banking in Nigeria. It weighs the potential of this standard to transform financial services against the practical hurdles it presents....
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Why Open Banking Nigeria built an open-source gateway for the industry

November 17 2024

  • Information
Discover how OBN’s open-source API gateway is simplifying financial data sharing, driving innovation, and opening doors for banks and fintechs to deliver better services while fostering financial inclusion....
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Critical stakeholders in the Nigerian open banking journey

August 30 2024

  • Information, Thought leadership

Nigeria embarked on its Open Banking journey in 2017, spearheaded by a coalition of industry stakeholders advocating for greater innovation and inclusion. This mirrored the United Kingdom’s pioneering efforts under GDPR and the Second Payment Services Directive (PSD2), which sought...

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Read this next

Yellow traffic light signaling open banking readiness

CBN’s Open Banking Approval: 3 Things Banks and Fintechs Should Be Doing Now

October 31 2025

  • Information
Read article

Has Nigeria’s Open Banking Conversation Lost Momentum?

October 28 2025

  • Progress Updates
Read article

The Building Blocks of Nigeria’s Open Banking System

September 22 2025

  • Information
Read article

Open Banking Nigeria (Open Technology Foundation) is a non-profit backed by a group of industry experts across banking, fintech, risk management, and more to drive and launch the open banking standard in Nigeria.

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