NCC and CIBN Strengthen Collaboration to Enhance Banking and Communication Services

Dr. Aminu Maida, the Executive Vice Chairman and CEO of the Nigerian Communications Commission (NCC), recently hosted a high-level delegation from the Chartered Institute of Bankers of Nigeria (CIBN), marking a key moment in the ongoing partnership between the telecommunications and banking sectors. This visit underscored the strong relationship between the two entities and emphasized the need for collaboration on crucial issues such as interbank settlements and enhancing communication support services.

The engagement aligns with Dr. Maida’s vision of fostering synergy between critical sectors of the economy to drive innovation and efficiency. By focusing on interbank settlements, the discussions aimed to improve the speed and reliability of financial transactions across the country, enhancing the overall banking experience. The talks also highlighted the importance of strengthening communication infrastructure to support the evolving needs of the banking industry, especially as digitalization and tech-driven solutions become integral to financial services.