CBN Releases Operational Guidelines for Open Banking
The Central Bank of Nigeria, CBN, has released an operational guideline for open banking in the country.The guidelines were conveyed in a circular signed by Musa Jimoh, Director of Payments System Management Department at the apex bank.The apex bank also stated that while it would provide and maintain an Open Banking Registry (OBR) for the industry, it will be a public repository for details of registered participants.The OBR would be maintained for the purpose of providing regulatory oversight on participants, enhancing transparency in the operations of open banking and ensuring that only registered institutions operate in the ecosystem.It read;“The adoption of Open Banking in Nigeria will foster customer permissioned data between banks and third-party firms to enable the building of customer-focused products and services.“It also aims to enhance efficiency, competition and access to financial services in Nigeria.“All stakeholders are required to ensure strict compliance with the guidelines and all other regulations, as the CBN continues to monitor developments and issue guidance as may be appropriate.“Entities participating in Open banking shall be categorised based on the following roles. Participants shall assume a role depending on the services:i. API Provider (AP): This refers to a participant that uses API to avail data or service to another participant. An API Provider can be a licensed financial institution/service provider, a Fast-Moving Consumer Goods (FMCG) Company or other retailers, Payroll Service Bureau etc,” the apex bank said.“ii. API Consumer (AC): This refers to a participant that uses API released by the (API) providers to access data or service. An API Consumer can be a licensed financial institution/service provider, an FMCG or other retailers, Payroll Service Bureau etc.”iii. Customer: This refers to the data owner that shall be required to provide consent for release of data for the purpose of accessing financial services.“Each participant shall be identified by its CAC business registration number, which shall be the unique key across the OBR system.“The OBR shall maintain an API interface, defined within these guidelines, which shall serve as the primary means by which API (Application Programming Interface) providers manage the registration of their API consumers.”Bank Customers will be required to provide explicit consent for the use of their data and it must be obtained in the same form the agreement was presented. A copy of the consent of the customer shall be made available to the customer and preserved by the participant.The Open banking which allows sharing of financial information electronically, and securely when the customers approve of it, also enables third-party developers to build applications and services around the financial institution, particularly the banks that hold customer data.
I Prefer Kissing, S3x Scenes With Seasoned Actors – Nancy Isime
Popular actress and media personality, Nancy Isime has revealed how she feels acting s3x and scene kissing roles. She spoke during an interview with media personality, Dadaboy. According to her, she doesn’t enjoy acting such roles. She further explained that even if it looks good on screen, she prefers such scenes with seasoned actors who understand professionalism. She said, “Well, it’s a script, and Yes, I do kiss in movies. But Why will I enjoy it? 5,000 people around you. Enjoy what? I never enjoy doing nothing. There’s cameras around, it’s a scene. I prefer to actually have kissing scenes with seasoned actors who understand the professionalism of a kissing scene or a s3x scene. “S3x scene of course because everybody is all dressed up but there is movement. So there’s literally people who understand the job and are focused and are literally just running through a script.”
29 African Migrants trying to cross to Italy die as Boat Sinks in Tunisia
A boat carrying 29 African migrants trying to cross to Italy has capsized. Tunisia’s coast guard recovered 10 bodies from the migrant boat which sank near the coast, the second vessel to sink within hours off Tunisia, bringing the death toll to 29, according to a security official. According to Al Jazeera, Houssem Jebabli, a national guard official, said that the boat sank off the coast of Mahdia, without giving further details. Earlier on Sunday, a human rights group said at least 19 refugees and migrants from sub-Saharan Africa had drowned off the coast of Tunisia while trying to cross the Mediterranean and reach Italy. Romdhane Ben Amor, an official at the Forum for Social and Economic Rights (FTDES), told the Reuters news agency that the deaths also occurred when a boat carrying the refugees and migrants sank off the coast of Mahdia after a journey that started from Sfax beaches. He said the Tunisian coast guard was able to rescue five people from the boat. Tunisian authorities were not immediately available for comment. Reports of the deaths came as Italy’s ANSA news agency said more than 2,000 asylum seekers had arrived on the Italian island of Lampedusa within 24 hours. The agency described the arrivals on Saturday as a “record”. In the last four days, at least five boats carrying refugees and migrants have sunk off the southern city of Sfax, leaving 67 missing and nine dead. The coast guard previously said it had stopped about 80 boats heading for Italy in the past four days and detained more than 3,000 people, mostly from sub-Saharan African countries. The coast near Sfax has become a major departure point for people fleeing poverty and conflict in Africa and the Middle East in the hope of a better life in Europe. The latest disaster comes amid a campaign of arrests by Tunisian authorities of undocumented sub-Saharan Africans. According to United Nations data, at least 12,000 people who reached Italy this year set sail from Tunisia, compared with 1,300 in the same period of 2022. Previously, Libya was the main departure point for refugees and migrants.
Campaigns are over, let me have some fun – Tonto Dikeh
Nigerian actress cum politician, Tonto Dikeh stepped out over the weekend for a party following the conclusion of the 2023 elections.The mother of one says campaigns are over and so, it is time to have some fun.The actress shared photos of herself, which sees her already prepared for the party and about to step out.She captioned the images;”When Her Excellency, stepped out for a parryCampaigns is over🤕, let me have my time and relax before the next stage💃🏾🤲🏻..”Tonto was the Deputy Governorship Candidate of ADC in Rivers State, before she and her principal stepped down for APC’s candidate just days to the election.
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