Nigeria’s payment and technology industry is heading towards a major data localisation shift as operators prepare for new requirements around the storage and management of payment transaction data generated within the country.
The issue is expected to take centre stage at GrowthX by Techeconomy, a new digital economy conference scheduled for September 24, 2026, in Lagos, as regulators, financial institutions, payment companies, telecommunications firms, data centre operators, cloud providers and cybersecurity businesses converge to examine the implications of the changing digital infrastructure landscape.
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The conference, organised by Techeconomy as part of its Business Series, will be held in Lagos, with the morning conference session beginning at 9:00 am, followed by the Technology Innovation and Leadership Awards (TiLAwards) and gala night at 4:00 pm.
The event comes ahead of January 1, 2027, when full compliance is expected with the Central Bank of Nigeria’s directive requiring payment operators to store and manage payment transaction data generated within Nigeria on local servers.
