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Stories, insights, and advice that will transform banking and finance for good
Frequently asked questions about open banking

Frequently Asked Questions about Open Banking

June 30 2024

  • Information, News, Thought leadership
The OBN team answers some of the most popularly asked questions about Open Banking in Nigeria...
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How to build customer trust in Nigeria’s Open Banking ecosystem

December 31 2025

  • Information, Thought leadership
Zooming in on the key factors that shape and sustain customer trust in Nigeria’s emerging Open Banking ecosystem....
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Nigerian innovations that could get better with open banking

December 10 2025

  • Information
Beyond the numbers and statistics, here's what real success will look like for open banking in Nigeria....
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Open Banking success in Nigeria

What Open Banking success should look like in Nigeria

November 29 2025

  • Information
Beyond the numbers and statistics, here's what real success will look like for open banking in Nigeria....
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smiley-woman-holding-phone-side-view

What happens to your data with Open Banking

November 18 2025

  • Information
Your data should work for you, and not the institutions that hold it. Learn more about what happens to your data with open banking....
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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
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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what are variable recurring payments

What are variable recurring payments and how do they work?

March 25 2025

  • Information

Every year, businesses lose billions to a problem that shouldn’t exist.  Customers don’t cancel their subscriptions, their payments do. A card expires. A bank flags a transaction as fraud. A Direct Debit fails because there aren’t enough funds that day....

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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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Read this next

How to build customer trust in Nigeria’s Open Banking ecosystem

December 31 2025

  • Information, Thought leadership
Read article

Nigerian innovations that could get better with open banking

December 10 2025

  • Information
Read article
Open Banking success in Nigeria

What Open Banking success should look like in Nigeria

November 29 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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