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Nigeria Financial Services Shared IT Infrastructure & IT Standards Programme

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Expected Impacts and Benefits

Implementation of these standards is expected to provide the following benefits:

  • Increased up-time  / availability of Banks leading to increased cost savings
  • Establishment of a reference point for objective assessment of the IT function leading to improved IT performance measurement
  • Improved data integrity and electronic information exchange
  • Increased efficiency and productivity of staff due to interoperability of IT systems
  • Business Continuity / Recovery and reduced risk of prolonged downtimes
  • Improved data security assurance to customers leading to increased customer confidence

 

Useful links

  1. Overview and Summary IT Standards for the Nigerian Financial Services Industry
  2. Target Maturity Levels
  3. Expected Impacts and Benefits
  4. Re-prioritised Industry IT standards
  5. IT Standards Adoption Roadmap
  6. IT Standards Governance and Interaction Model
  7. CBN IT Standards Council ToR
  8. IT Standards Blueprint


See Frequently Asked Questions on the IT Standards Blueprint

Facts : 1/1/1900
Paris Club of Creditors:The club represents only government guaranteed creditors. Members include the United States of America, United Kingdom, Germany, France and Canada, who guarantee the export activities of their nationals. When the recipient nation s government is unable to pay the equivalent of the imports domestic currency cover, it becomes government debt owed to creditor nations. The first Paris Club meeting was held in 1956.
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