POBLYSH DAILY
ISSUE OF
The biggest business stories moving African markets, with the outlets that reported them.
HSBC surrenders its South African banking licence after three decades, while Nigeria’s regulator warns of data localisation risks.
Get Poblysh Daily in your inbox every weekday
Unsubscribe in one click — it stops every Poblysh newsletter, not just this one.
22 financial institutions yet to begin data localisation ahead of January deadline – Businessday NG
Twenty-two of 44 financial institutions surveyed in Nigeria have yet to begin implementing measures to comply with the country’s data
Why it matters: Twenty-two of 44 surveyed Nigerian financial institutions have not yet begun implementing data localisation measures ahead of the January deadline.
Businessday NG · Nigeria · 28 October
HSBC’s quiet exit from South Africa: A strategic retreat, not failure – Businessday NG
HSBC has surrendered its banking licence, ending its presence in South Africa after three decades in the market.
Businessday NG · Nigeria · 28 October
CBN says over half of industry respondents ready for data localisation by January 2027 – Businessday NG
The Central Bank of Nigeria warns financial institutions against cybersecurity and operational risks associated with growing dependence on external systems.
Businessday NG · Nigeria · 28 October