The Central Bank of Nigeria (CBN) says it has signed financial technology (fintech) collaboration agreements with the Central Bank of Egypt. The apex bank announced the development via its official Twitter handle on Tuesday. The signing ceremony took place during the just-concluded ‘Seamless North Africa 2023’ conference at the Egypt International Exhibition Center, Cairo. Speaking at the event, Aishah Ahmad, CBN deputy governor, financial system stability directorate, said the partnership would deepen cross-border regulatory collaboration, information sharing, boost innovation and grow regional technology investments.

Source: The North Africa Journal July 19, 2023 09:44 UTC