Progress

Current status
in force
01 Jan 2023 in force
29 Jun 2022 adopted

Scope

Implementers
Nigeria
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

01 Jan 2023
in force

Risk-Based Cybersecurity Framework and Guidelines for Other Financial Institutions implemented

On 1 January 2023, the Central Bank of Nigeria's Risk-Based Cybersecurity Framework and Guidelines for Other Financial Institutions, applicable to all entities defined as Other Financial Institutions (OFIs), have been implemented. The Guidelines set…

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
29 Jun 2022
adopted

Risk-Based Cybersecurity Framework and Guidelines for Other Financial Institutions adopted

On 29 June 2022, the Central Bank of Nigeria has issued the Risk-Based Cybersecurity Framework and Guidelines for Other Financial Institutions, applicable to all entities defined as Other Financial Institutions (OFIs). The Guidelines set out the cyb…

Source
Event type order
Action type adoption
Government branch executive
Government body central bank