Nigeria's Open Banking framework establishes guidelines for data sharing between financial institutions and authorized third parties. It defines four data categories: PIST (Product Information and Service Touchpoints), MIT (Market Insight Transactions), PIFT (Personal Information and Financial Transaction), and PAST (Profile, Analytics, and Scoring Transaction). Use this page as a working reference when you compare banks, products, and regulatory timelines.
Overview
Nigeria's Open Banking framework establishes guidelines for data sharing between financial institutions and authorized third parties. It defines four data categories: PIST (Product Information and Service Touchpoints), MIT (Market Insight Transactions), PIFT (Personal Information and Financial Transaction), and PAST (Profile, Analytics, and Scoring Transaction).
Scope & Coverage
Key Requirements
Implementation Timeline
API Specifications
Technical standards and API specifications for implementing Nigeria Open Banking:
Official Documents & Resources
Key Notes
Africa's largest economy implementing Open Banking. Covers payments, credit, deposits, treasury, mortgages, and credit scoring.
Official Resources
Related Regulations
Other open banking frameworks in Africa:
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