How open banking affect credit bureaus in Nigeria
This article breaks down how open banking is already influencing credit bureaus in Nigeria, what lenders are seeing today, and how the relationship between open banking and credit reporting is likely to evolve in the near future.
Frequently asked questions about open banking in Nigeria
This article compiles common questions that bankers, fintech leaders, compliance officers, and customers are asking about open banking.
How Open Banking will transform Credit in Nigeria: Audience Q&A
We had a vibrant turnout at our recent webinar, “How Open Banking will transform Credit in Nigeria,” with dozens of questions from professionals across banking, fintech, and policy. Below is a detailed Q&A covering everything from payments and privacy to infrastructure and cross-border insights. Whether you missed the session or want to dive deeper, here’s […]
How Open Banking will transform Credit in Nigeria
On May 29, 2025, Lendsqr hosted an illuminating webinar titled “How Open Banking will transform Credit in Nigeria.” With over 100 attendees from Nigeria’s fintech, banking, and consulting sectors, this session brought together two global experts: Chris Michael, CEO of Ozone API and current lead on several open finance initiatives, and Ladi Asuni, Partner & […]
3 African countries making progress in Open Banking
Right now, your bank holds all your financial data: how much you earn, what you spend, your loan history, and more. Open Banking changes that.
Open banking in Africa: Continental progress made as of 2025
In London or Sydney, open banking was about breaking up bank monopolies. In Africa, it’s about building the pipes. Basic ones. The kind that lets people send money, access credit, or even check a bank balance without friction. Here, open banking isn’t just a policy play, it’s a workaround. A way to fill gaps that […]
We built Kolo to help you tame your bank accounts
The average Nigerian today has about three bank accounts, and most often than not, being able to see all bank balances across means juggling through bank apps, SMS alerts, email notifications. And when things go really bad, you start digging through pages of bank statements. Yet, even with these, it’s difficult to find everything. It’s […]
What you need to know about Nigeria’s Open Banking
Two years after the first Open Banking framework circular was released, the CBN issued operational guidelines for Open Banking on Tuesday, March 7, 2023, heralding a start for what many anticipated would bring about a much-needed change in financial services.
