CBN's New HoldCo and Data Rules Impact Nigerian Banks
The Central Bank of Nigeria (CBN) has introduced new HoldCo rules for banks and data regulations, which are expected to influence bank investors and drive the expansion of digital infrastructure in the country.
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CBN data rules to drive digital infrastructure expansion
Nigeria’s new CBN data rules mandate local storage of transaction data, accelerating investment in data centre infrastructure and boosting digital expansio Read More: https://punchng.com/cbn-data-rules-to-drive-digital-infrastructure-expansion/
By Punch Newspapers
Read full article →CBN’s HoldCo rules: What bank investors should watch
By AYODEJI EBO The Central Bank of Nigeria recently released an exposure draft on the proposed new rules for Financial Holding Companies, commonly called HoldCos. This may sound technical, but it is important because many major banking groups in Nigeria now operate through HoldCo structures. A HoldCo is like a parent company that owns different businesses […] The post CBN’s HoldCo rules: What bank investors should watch appeared first on Vanguard News.
By Emmanuel Okogba
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