CIBN, PAPSS sign MoU to resolve payments-related barriers in continental trade



The leadership of the Chartered Institute of Bankers of Nigeria (CIBN) has signed a Memorandum of Understanding (MoU) with Pan- African and Payment Settlement System (PAPSS) in a bid to resolve payments-related barriers in the actualization of the African Continental Free Trade Area (AfCFTA).

The MoU was signed between both organizations at the CIBN’s just-concluded 15th annual Banking and Finance Conference which held from Wednesday 13th to Thursday 14th September, 2022 in Abuja.

Themed: ‘Repositioning the Financial Services Industry for an Evolving Glocal Context,’ the Conference featured five business and four plenary sessions with A-list faculty.

The business session featured the following topical issues; Banking in Africa: The Role of AfCFTA and PAPSS; Nigeria’s economy in the last five years: lessons learnt and choices to make in the next five years; Workforce globalisation: Opportunities and threat; Banking & Fintech: The nexus and opportunities;…

Source: Vanguard Newspaper