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The potential impact of open banking on the growth of fintech in Africa.

Open banking is an evolving concept in Nigeria which is yet to be operational for African countries as of Q1 2023. However, it has the …

Authentication and authorization over “dumb” channels for open banking

In Nigeria, incorporating FAPI with feature phones and channels not driven by internet has been a big concern, but OBN now has the answer. Read all about it on our latest blog post

How Open Banking will help businesses with money management

A major challenge experienced by both SMEs, MSMEs and large businesses is determining how best to manage their money gotten from sales or other operations.   …

5 Innovative Ideas that Open banking will support

by Victor Aboh Have you ever thought to yourself, “if only I could get this piece of data from a certain financial institution, I would …

Open Banking Explained in 60 seconds

If you were asked to explain the concept of Open Banking, how would you describe it in less than a minute? Watch Open Banking Nigeria …

Central Bank of Nigeria's logo is seen on the headquarters building in Abuja

Four innovations with CBN’s open banking regulations

Nigeria is undoubtedly in the lead with its open banking initiatives among African countries and other developing countries. Following the release of the operational guidelines …

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