2014-01-15 | ITD-DIR-GEN-INC-01-001

Release of Information Technology (IT) Standards to the Industry

The Central Bank of Nigeria has released global IT Standards as guidelines for improving IT service delivery in the Nigerian banking industry through their IT Infrastructure Transformation program. A five-year implementation roadmap has been defined, with banks expected to progressively increase their maturity levels by implementing and complying with these standards. An IT Standards Council will be reconstituted every two years to oversee the adoption, implementation, and compliance processes. The first baseline assessments for priority 1 standards will commence in Q1 of 2014.

Nigeria

Central Bank of Nigeria

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