August 25 2019
Nigerian banks have become leaders within the digital finance space in Africa within the last 10 years. While many reference M-Pesa as an example of mobile money innovation in Africa that Nigeria is yet to completely pull off, it can be...
August 18 2019
Interswitch, Africa’s largest integrated digital payments and financial technology firm, and pioneer mobile payments firm, Paga have joined other forward-thinking stakeholders in Nigeria’s financial services industry to adopt Open Banking and champion its advocacy in Nigeria with the aim of...
July 27 2019
Ernst & Young (EY), a global professional services firm, has finalised arrangements with Open Banking Nigeria to develop and advocate for a standard Application Programming Interface (API) for the country’s financial services industry. The partnership will, in addition, transform the...
June 30 2019
Nigeria has signified a strong desire to become the first country in Africa and the second in EMEA—after Bahrain—to officially adopt an Open Banking standard, which defines how financial data is created, shared and accessed – a system which also...
June 23 2019
KPMG, a professional services company and one of the Big Four auditors in the world, has signed a Memorandum of Understanding with Open Technology Foundation (OTF), to promote a standard Application Programming Interface (API) for in the financial services sector...
June 16 2019
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June 4 2019
The Central Bank of Nigeria has prioritised Open Banking in the development of the Payment Systems Vision PSV 2030 as it considers the concept as one of the top global trends and new practices in payments that have been deployed...
March 19 2019
To chart a new course for the financial services industry in Nigeria and the African continent, Sterling Bank Plc, one of Nigeria’s forward-looking financial institutions, has formally committed to the development of the Application Programming Interface (API) standard for financial...
August 2 2018
Mobile technology company, Africa’s Talking, has joined the league of technology companies partnering with Open Banking Nigeria in the development of Open APIs for the Nigerian financial industry. Africa’s Talking provides communication APIs for SMS, USSD, voice, etc. to help...
June 24 2018
As the effort to establish open banking API standards in Nigeria intensifies, Open Vector, one of the world’s most competent Open API consulting companies, has released a detailed report on Open Banking Nigeria. The report written by Open Vector for...
October 31 2025
October 28 2025
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.
