Globalinvestors are showing growing interest in Nigeria’s data infrastructure market as the country moves to strengthen local data management and digital capacity, the Managing Director of Galaxy Backbone, Professor Ibrahim Adeyanju, has said.Adeyanju made this disclosure to Sunday PUNCH on the sidelines of the Central Bank of Nigeria’s new data localisation mandate, which requires banks and other regulated financial institutions to ensure that payment transaction data is stored and processed in Nigeria from January 2027.The Galaxy Backbone chief executive said the policy direction, alongside rising demand for cloud computing, artificial intelligence and digital services, was creating opportunities for investment in Nigeria’s data infrastructure ecosystem.He said several global hyperscalers and technology infrastructure companies had expressed interest in Nigeria, although he did not disclose the names of the firms.“There are investors looking at Nigeria. There are hyperscalers that are interested in Nigeria because they see the opportunities in this market,” the executive stated.The CBN’s data localisation directive is expected to increase demand for domestic data centres, cloud services and secure digital infrastructure as financial institutions review their technology architecture to comply with the new requirements.Adeyanju said Nigeria’s expanding digital economy, large consumer market and increasing reliance on technology services were strengthening the country’s position as an attractive destination for digital infrastructure investment.“The future of the economy is digital. Without the right infrastructure, you cannot support artificial intelligence, cloud computing or the growth of digital businesses,” he said.Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. Adeyanju made this disclosure to Sunday PUNCH on the sidelines of the Central Bank of Nigeria’s new data localisation mandate, which requires banks and other regulated financial institutions to ensure that payment transaction data is stored and processed in Nigeria from January 2027.The Galaxy Backbone chief executive said the policy direction, alongside rising demand for cloud computing, artificial intelligence and digital services, was creating opportunities for investment in Nigeria’s data infrastructure ecosystem.He said several global hyperscalers and technology infrastructure companies had expressed interest in Nigeria, although he did not disclose the names of the firms.“There are investors looking at Nigeria. There are hyperscalers that are interested in Nigeria because they see the opportunities in this market,” the executive stated.The CBN’s data localisation directive is expected to increase demand for domestic data centres, cloud services and secure digital infrastructure as financial institutions review their technology architecture to comply with the new requirements.Adeyanju said Nigeria’s expanding digital economy, large consumer market and increasing reliance on technology services were strengthening the country’s position as an attractive destination for digital infrastructure investment.“The future of the economy is digital. Without the right infrastructure, you cannot support artificial intelligence, cloud computing or the growth of digital businesses,” he said.Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. The Galaxy Backbone chief executive said the policy direction, alongside rising demand for cloud computing, artificial intelligence and digital services, was creating opportunities for investment in Nigeria’s data infrastructure ecosystem.He said several global hyperscalers and technology infrastructure companies had expressed interest in Nigeria, although he did not disclose the names of the firms.“There are investors looking at Nigeria. There are hyperscalers that are interested in Nigeria because they see the opportunities in this market,” the executive stated.The CBN’s data localisation directive is expected to increase demand for domestic data centres, cloud services and secure digital infrastructure as financial institutions review their technology architecture to comply with the new requirements.Adeyanju said Nigeria’s expanding digital economy, large consumer market and increasing reliance on technology services were strengthening the country’s position as an attractive destination for digital infrastructure investment.“The future of the economy is digital. Without the right infrastructure, you cannot support artificial intelligence, cloud computing or the growth of digital businesses,” he said.Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. He said several global hyperscalers and technology infrastructure companies had expressed interest in Nigeria, although he did not disclose the names of the firms.“There are investors looking at Nigeria. There are hyperscalers that are interested in Nigeria because they see the opportunities in this market,” the executive stated.The CBN’s data localisation directive is expected to increase demand for domestic data centres, cloud services and secure digital infrastructure as financial institutions review their technology architecture to comply with the new requirements.Adeyanju said Nigeria’s expanding digital economy, large consumer market and increasing reliance on technology services were strengthening the country’s position as an attractive destination for digital infrastructure investment.“The future of the economy is digital. Without the right infrastructure, you cannot support artificial intelligence, cloud computing or the growth of digital businesses,” he said.Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. “There are investors looking at Nigeria. There are hyperscalers that are interested in Nigeria because they see the opportunities in this market,” the executive stated.The CBN’s data localisation directive is expected to increase demand for domestic data centres, cloud services and secure digital infrastructure as financial institutions review their technology architecture to comply with the new requirements.Adeyanju said Nigeria’s expanding digital economy, large consumer market and increasing reliance on technology services were strengthening the country’s position as an attractive destination for digital infrastructure investment.“The future of the economy is digital. Without the right infrastructure, you cannot support artificial intelligence, cloud computing or the growth of digital businesses,” he said.Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. The CBN’s data localisation directive is expected to increase demand for domestic data centres, cloud services and secure digital infrastructure as financial institutions review their technology architecture to comply with the new requirements.Adeyanju said Nigeria’s expanding digital economy, large consumer market and increasing reliance on technology services were strengthening the country’s position as an attractive destination for digital infrastructure investment.“The future of the economy is digital. Without the right infrastructure, you cannot support artificial intelligence, cloud computing or the growth of digital businesses,” he said.Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. Adeyanju said Nigeria’s expanding digital economy, large consumer market and increasing reliance on technology services were strengthening the country’s position as an attractive destination for digital infrastructure investment.“The future of the economy is digital. Without the right infrastructure, you cannot support artificial intelligence, cloud computing or the growth of digital businesses,” he said.Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. “The future of the economy is digital. Without the right infrastructure, you cannot support artificial intelligence, cloud computing or the growth of digital businesses,” he said.Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. Galaxy Backbone, Nigeria’s government-owned digital infrastructure company, has been at the centre of efforts to provide connectivity, cloud services and technology platforms for public institutions.Related NewsPrison reform can’t wait any longerInside Gombe community child sexual abuse crisisCameroon’s Eto eyes Nigeria scalpThe company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. The company operates government cloud infrastructure and provides digital services to ministries, departments and agencies as part of the Federal Government’s push to digitise public services.Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. Adeyanju said Galaxy Backbone was evolving beyond traditional infrastructure provision and positioning itself as a digital solutions company.“We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. “We are moving from being an infrastructure company to a digital solutions company. The objective is to enable government and businesses to use technology to improve efficiency and deliver better services,” he said.Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. Nigeria’s data infrastructure market has attracted increased attention in recent years as internet usage expands, fintech adoption accelerates, and enterprises migrate more operations to cloud platforms.The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. The country’s growing digital economy has increased demand for reliable data storage, processing capacity and connectivity infrastructure. Telecom operators, cloud providers and data centre companies have continued to invest in expanding capacity to meet rising demand.However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. However, investors still face challenges including unreliable power supply, foreign exchange volatility, high infrastructure costs and regulatory uncertainty.Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. Industry observers say the CBN’s data localisation policy could further accelerate investment in local data centres and strengthen Nigeria’s ambition to become a regional digital hub.With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. With Africa’s largest population and one of the continent’s fastest-growing technology ecosystems, Nigeria is competing with markets such as South Africa, Kenya and Egypt for digital infrastructure investment.Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing. Adeyanju noted that sustained investment in digital infrastructure would be essential for Nigeria to fully benefit from emerging technologies, including artificial intelligence and cloud computing.