To this end, Nigeria would join other countries like Canada, Australia, and New Zealand that have followed the footsteps of the United Kingdom in developing and adopting a single API standard, for their respective financial ecosystems. Nigeria
Nigeria has signified a strong desire to become the first country in Africa, to officially adopt an Open Banking standard
Recall that the Central Bank Of Nigeria made this indication in its public request for information into the Payment Systems Vision 2030, which would define the strategic agenda for the payment system in the next 10 years. PSV 2030 is necessary because of the importance of having a strategy that is relevant for the Nigerian market domestically and for regional and global markets where Nigeria plays a role in international flows.
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