Central Bank of Nigeria
Migration to ISO 20022 Standard for Payment Messaging and Mandatory Geo-Tagging of Payment Terminals
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- Author
- Central Bank of Nigeria
- Reference No.
- PSS/DIR/PUB/CIR/001/001
- Year
- 2025
- Pages
- 3 pages
This circular directs licensed operators in Nigeria’s payments ecosystem to complete migration to ISO 20022 payment messaging, populate mandatory transaction data, and comply with specified CBN and SWIFT requirements by October 31, 2025. It also mandates geolocation capabilities, registration, certification, geofencing, SDK integration, minimum operating-system…
