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Nigeria Open Banking Regulatory Framework (CBN, 2023)

Nigeria (CBN)
v2023
8 domains
8 controls

The Central Bank of Nigeria (CBN) Open Banking Regulatory Framework (2023) establishes guidelines for the sharing of customer data and services through APIs across Nigerian financial institutions. The framework addresses data sharing, API security, consumer protection, and governance for open banking.

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Framework Domains (8)

API Operations

1 controls
Controls in the API Operations domain of Nigeria Open Banking Regulatory Framework (CBN, 2023)1 controls
CodeTitle
NGOB-4API Performance, Availability, and Service Level

API Security

1 controls
Controls in the API Security domain of Nigeria Open Banking Regulatory Framework (CBN, 2023)1 controls
CodeTitle
NGOB-3API Security Standards, mTLS, and Encryption

Consent Management

1 controls
Controls in the Consent Management domain of Nigeria Open Banking Regulatory Framework (CBN, 2023)1 controls
CodeTitle
NGOB-2Customer Consent Management and Lifecycle

Customer Protection

1 controls
Controls in the Customer Protection domain of Nigeria Open Banking Regulatory Framework (CBN, 2023)1 controls
CodeTitle
NGOB-6Customer Notification, Liability Allocation, and Data Localisation

Fraud and Incident Response

1 controls
Controls in the Fraud and Incident Response domain of Nigeria Open Banking Regulatory Framework (CBN, 2023)1 controls
CodeTitle
NGOB-5Fraud Monitoring, Incident Notification, and Reporting to CBN

Governance and Continuity

1 controls
Controls in the Governance and Continuity domain of Nigeria Open Banking Regulatory Framework (CBN, 2023)1 controls
CodeTitle
NGOB-8Board Oversight, Business Continuity, and Open Banking Risk Governance

Logging and Assurance

1 controls
Controls in the Logging and Assurance domain of Nigeria Open Banking Regulatory Framework (CBN, 2023)1 controls
CodeTitle
NGOB-7Logging, Audit Trail, Independent Assurance, and Sandbox Testing

Registry and Tiering

1 controls
Controls in the Registry and Tiering domain of Nigeria Open Banking Regulatory Framework (CBN, 2023)1 controls
CodeTitle
NGOB-1Open Banking Registry Participation, Tiered Categorisation, and KYP

Your Compliance Coverage

If you comply with Nigeria Open Banking Regulatory Framework (CBN, 2023), you already cover:

Maps to 145 other frameworks

8 total controls
Turkey KVKK
4 source controls mapped|2 target controls covered
50%
Privacy Act 1988 (Australia)
4 source controls mapped|3 target controls covered
50%
Personal Data Act (personopplysningsloven)
4 source controls mapped|3 target controls covered
50%
NIST SP 800-122
4 source controls mapped|4 target controls covered
50%
NIST Privacy Framework
4 source controls mapped|2 target controls covered
50%
NIST AI Risk Management Framework (AI RMF 1.0)
4 source controls mapped|9 target controls covered
50%
APPI
4 source controls mapped|7 target controls covered
50%
ISO/IEC 27400:2022
4 source controls mapped|4 target controls covered
50%
ISO/IEC 27557:2022 - Organisational Privacy Risk Management
4 source controls mapped|4 target controls covered
50%
ISO/IEC 23837 - Security Requirements for Quantum Key Distribution
4 source controls mapped|4 target controls covered
50%
Azure Security Benchmark
4 source controls mapped|4 target controls covered
50%
Bahrain PDPL
4 source controls mapped|7 target controls covered
50%
MARS-E - Minimum Acceptable Risk Standards for Exchanges
4 source controls mapped|2 target controls covered
50%
FTC GLBA Safeguards Rule (16 CFR Part 314)
4 source controls mapped|4 target controls covered
50%
50%
Austria Data Protection Act (Datenschutzgesetz, DSG, amended 2018)
3 source controls mapped|3 target controls covered
38%
Vietnam Law on Cybersecurity (No. 24/2018/QH14)
3 source controls mapped|2 target controls covered
38%
Vermont Artificial Intelligence and Consumer Data Act (AICDA)
3 source controls mapped|2 target controls covered
38%
USMCA Chapter 19 - Digital Trade (United States-Mexico-Canada Agreement)
3 source controls mapped|2 target controls covered
38%
Tennessee Information Protection Act (TIPA)
3 source controls mapped|3 target controls covered
38%
TEFCA - Trusted Exchange Framework and Common Agreement
3 source controls mapped|1 target controls covered
38%
Rhode Island Data Transparency and Privacy Protection Act (RIDTPPA)
3 source controls mapped|1 target controls covered
38%
Russia Federal Law on Personal Data (152-FZ)
3 source controls mapped|2 target controls covered
38%
Pakistan Personal Data Protection Bill 2023
3 source controls mapped|2 target controls covered
38%
OWASP Top 10 for LLM Applications 2025
3 source controls mapped|1 target controls covered
38%
Notifiable Data Breaches Scheme (Australia)
3 source controls mapped|1 target controls covered
38%
38%
NIST SP 800-146
3 source controls mapped|2 target controls covered
38%
NIST SP 800-145
3 source controls mapped|2 target controls covered
38%
NIST SP 800-144
3 source controls mapped|3 target controls covered
38%
NIST AI 600-1: Generative AI Profile
3 source controls mapped|1 target controls covered
38%
Azerbaijan Law on Personal Data (2010)
3 source controls mapped|3 target controls covered
38%
GDPR
3 source controls mapped|4 target controls covered
38%
ISO/IEC 29134:2023
3 source controls mapped|3 target controls covered
38%
ISO/IEC 27014:2020
3 source controls mapped|2 target controls covered
38%
ISO 27018
3 source controls mapped|3 target controls covered
38%
ISO/IEC 29100:2024
3 source controls mapped|3 target controls covered
38%
COSO Internal Control - Integrated Framework (2013)
3 source controls mapped|2 target controls covered
38%
BSI IT-Grundschutz
3 source controls mapped|7 target controls covered
38%
NIST SP 800-171A Rev 3 - Assessing CUI Security Requirements
3 source controls mapped|6 target controls covered
38%
Estonia Personal Data Protection Act (Isikuandmete kaitse seadus, 2019)
3 source controls mapped|1 target controls covered
38%
Illinois Biometric Information Privacy Act (BIPA)
3 source controls mapped|1 target controls covered
38%
NIST SP 800-53 Rev 5
3 source controls mapped|9 target controls covered
38%
Armenia Law on Protection of Personal Data (2015)
3 source controls mapped|3 target controls covered
38%
38%
Barbados Data Protection Act 2019
3 source controls mapped|4 target controls covered
38%
NIST SP 800-190
3 source controls mapped|3 target controls covered
38%
Australian Privacy Principles (APPs)
3 source controls mapped|3 target controls covered
38%
ISO 27017
3 source controls mapped|3 target controls covered
38%
AWS Well-Architected Security Pillar
3 source controls mapped|3 target controls covered
38%
ISO/IEC 38500:2024 - Governance of IT
3 source controls mapped|1 target controls covered
38%
ISO/IEC 23894:2023
3 source controls mapped|4 target controls covered
38%
South Korea PIPA
3 source controls mapped|3 target controls covered
38%
ITU-T X.805 - Security Architecture for End-to-End Communications
3 source controls mapped|1 target controls covered
38%
Florida Digital Bill of Rights (FDBR)
3 source controls mapped|2 target controls covered
38%
US Gramm-Leach-Bliley Act (GLBA) - Higher Education Safeguards Rule
2 source controls mapped|3 target controls covered
25%
OWASP Top 10:2025
2 source controls mapped|3 target controls covered
25%
NIS2 Directive Implementing Acts
2 source controls mapped|2 target controls covered
25%
NIS2 Directive
2 source controls mapped|4 target controls covered
25%
Annex 11 to EU GMP - Computerised Systems
2 source controls mapped|2 target controls covered
25%
APRA CPS 234
2 source controls mapped|4 target controls covered
25%
NIST SP 1800-32
2 source controls mapped|5 target controls covered
25%
API 1164
2 source controls mapped|5 target controls covered
25%
EASA Part-IS - Information Security in Aviation
2 source controls mapped|5 target controls covered
25%
FFIEC IT Examination Handbook
2 source controls mapped|4 target controls covered
25%
IEC 62443
2 source controls mapped|5 target controls covered
25%
ASIS SPC.1-2009 - Organizational Resilience Standard
2 source controls mapped|2 target controls covered
25%
ISO 27019
2 source controls mapped|5 target controls covered
25%
ISO/IEC 27010:2015
2 source controls mapped|2 target controls covered
25%
ASD Strategies to Mitigate Cyber Security Incidents
2 source controls mapped|3 target controls covered
25%
ISO 20000-1
2 source controls mapped|2 target controls covered
25%
ISO/IEC 29147:2018
2 source controls mapped|2 target controls covered
25%
NIST Cybersecurity Framework 2.0
2 source controls mapped|5 target controls covered
25%
NFPA 1600 - Standard on Continuity, Emergency, and Crisis Management
2 source controls mapped|2 target controls covered
25%
APRA CPS 230 Operational Risk Management
2 source controls mapped|3 target controls covered
25%
NIST SP 800-66
2 source controls mapped|2 target controls covered
25%
FBI CJIS Security Policy
2 source controls mapped|3 target controls covered
25%
AS9100D:2016 - Quality Management Systems for Aviation, Space, and Defence
2 source controls mapped|2 target controls covered
25%
ISO 27005
2 source controls mapped|4 target controls covered
25%
ISO 27799
2 source controls mapped|3 target controls covered
25%
ISO 13485
2 source controls mapped|3 target controls covered
25%
New Zealand Information Security Manual (NZISM)
2 source controls mapped|2 target controls covered
25%
Voluntary Principles on Security and Human Rights (VPs)
1 source controls mapped|1 target controls covered
13%
US EPA Safe Drinking Water Act (SDWA) - Cybersecurity Requirements
1 source controls mapped|1 target controls covered
13%
Singapore Cybersecurity Act 2018
1 source controls mapped|1 target controls covered
13%
Protective Security Policy Framework (PSPF) Release 2024
1 source controls mapped|1 target controls covered
13%
OWASP DevSecOps Maturity Model (DSOMM)
1 source controls mapped|1 target controls covered
13%
ISO 28001:2007 Supply Chain Security Management
1 source controls mapped|1 target controls covered
13%
ISO 22320:2018
1 source controls mapped|3 target controls covered
13%
NIST SP 800-171
1 source controls mapped|1 target controls covered
13%
FFIEC Cybersecurity Assessment Tool (CAT)
1 source controls mapped|1 target controls covered
13%
ISO/IEC 30111:2019
1 source controls mapped|2 target controls covered
13%
ITIL 4
1 source controls mapped|1 target controls covered
13%
Canada ITSG-33 - IT Security Risk Management
1 source controls mapped|1 target controls covered
13%
Nevada Gaming Control Board Cybersecurity Requirements
1 source controls mapped|1 target controls covered
13%
OWASP MASVS
1 source controls mapped|2 target controls covered
13%
OWASP ASVS
1 source controls mapped|2 target controls covered
13%
OWASP API Security Top 10 - 2023
1 source controls mapped|1 target controls covered
13%
NIST SP 800-92
1 source controls mapped|2 target controls covered
13%
NIST SP 800-88
1 source controls mapped|1 target controls covered
13%
NIST SP 800-63-4
1 source controls mapped|1 target controls covered
13%
NIST SP 800-61
1 source controls mapped|1 target controls covered
13%
NIST SP 800-137
1 source controls mapped|1 target controls covered
13%
NIST SP 800-123
1 source controls mapped|1 target controls covered
13%
NIST Post-Quantum Cryptography Standards (FIPS 203, 204, 205)
1 source controls mapped|4 target controls covered
13%
ISO 19011
1 source controls mapped|2 target controls covered
13%
13%
ISO 31000:2018
1 source controls mapped|2 target controls covered
13%
ISO 22739:2024 - Blockchain and Distributed Ledger Technologies Vocabulary
1 source controls mapped|1 target controls covered
13%
IEC 62351 - Power Systems Communication Security
1 source controls mapped|1 target controls covered
13%
ISO 27043
1 source controls mapped|4 target controls covered
13%
ISO/SAE 21434
1 source controls mapped|4 target controls covered
13%
ISO/IEC 27011:2024
1 source controls mapped|1 target controls covered
13%
CISA Cross-Sector Cybersecurity Performance Goals (CPG) 2.0
1 source controls mapped|3 target controls covered
13%
ISO/IEC 29115:2023 - Entity Authentication Assurance Framework
1 source controls mapped|1 target controls covered
13%
FIDO2 / WebAuthn
1 source controls mapped|1 target controls covered
13%
UK Defence Standard 05-138 - Cyber Security for Defence Suppliers
1 source controls mapped|1 target controls covered
13%
UAE Virtual Asset Regulatory Authority (VARA) Regulations
1 source controls mapped|1 target controls covered
13%
PCAOB AS 2201 - Audit of Internal Control Over Financial Reporting (ICFR)
1 source controls mapped|2 target controls covered
13%
NIST SP 800-39
1 source controls mapped|1 target controls covered
13%
NIST SP 800-37
1 source controls mapped|2 target controls covered
13%
NIST SP 800-30
1 source controls mapped|3 target controls covered
13%
ISO 26262:2018 - Functional Safety for Road Vehicles
1 source controls mapped|1 target controls covered
13%
ISO 22000
1 source controls mapped|1 target controls covered
13%
ISO 45001
1 source controls mapped|1 target controls covered
13%
AML/CTF Act 2006 (Australia)
1 source controls mapped|1 target controls covered
13%
ISO 31000
1 source controls mapped|3 target controls covered
13%
ISO 41001:2018 - Facility Management Systems
1 source controls mapped|1 target controls covered
13%
ISO 39001:2012 - Road Traffic Safety Management
1 source controls mapped|1 target controls covered
13%
ISO 22313:2020 - Guidance on Business Continuity Management Systems
1 source controls mapped|1 target controls covered
13%
ISO/IEC 27031:2011
1 source controls mapped|1 target controls covered
13%
AS9100D - Aerospace Quality Management System
1 source controls mapped|2 target controls covered
13%
ISO/IEC 27003:2017
1 source controls mapped|2 target controls covered
13%
Bank Secrecy Act / Anti-Money Laundering (BSA/AML)
1 source controls mapped|4 target controls covered
13%
ICAO Annex 17 - Aviation Security (AVSEC)
1 source controls mapped|2 target controls covered
13%
French Sapin II Law (Law No. 2016-1691)
1 source controls mapped|2 target controls covered
13%

Frequently Asked Questions

What is Nigeria Open Banking Regulatory Framework (CBN, 2023)?

Nigeria Open Banking Regulatory Framework (CBN, 2023) is a compliance framework from Nigeria (CBN) with 8 domains and 8 controls. The Central Bank of Nigeria (CBN) Open Banking Regulatory Framework (2023) establishes guidelines for the sharing of customer data and services through APIs across Nigerian financial institutions. The framework addresses data sharing, API security, consumer protection, and governance for open banking. It is used by organisations to establish and maintain compliance with industry standards and regulatory requirements.

How many controls does Nigeria Open Banking Regulatory Framework (CBN, 2023) have?

Nigeria Open Banking Regulatory Framework (CBN, 2023) has 8 controls organised across 8 domains. The largest domains are API Operations (1 controls), API Security (1 controls), Consent Management (1 controls). Each control defines specific requirements that organisations must implement to achieve compliance.

What frameworks does Nigeria Open Banking Regulatory Framework (CBN, 2023) map to?

Nigeria Open Banking Regulatory Framework (CBN, 2023) maps to 145 other compliance frameworks. The top mapping partners are Turkey KVKK (50% coverage), Privacy Act 1988 (Australia) (50% coverage), Personal Data Act (personopplysningsloven) (50% coverage). Use our comparison tool to explore control-level mappings between frameworks.

How do I get started with Nigeria Open Banking Regulatory Framework (CBN, 2023) compliance?

Start your Nigeria Open Banking Regulatory Framework (CBN, 2023) compliance journey by running a self-assessment on our platform to identify your current compliance posture. Our AI advisory can answer specific questions about Nigeria Open Banking Regulatory Framework (CBN, 2023) requirements, and cross-framework mapping helps you leverage existing controls from other frameworks you may already comply with. Create a free account to access all 8 controls and track your progress.

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