The Central Bank of Egypt welcomed the Governor of the Central Bank of Nigeria and his delegation for talks aimed at expanding bilateral cooperation between the two central banks, alongside a technical exchange covering supervision, policy and operational capabilities. The programme included a tour of the New Administrative Capital’s Printing House, presenting the full banknote production process from design to delivery, production capacity, applied technologies, anti-counterfeiting security features, and quality control and testing prior to issuance. The Egyptian side also shared expertise on supervisory regulations, Basel implementation, monetary policy, macroprudential measures, on-site and off-site supervision, large corporates supervision, banking licensing, information technology and FinTech, cybersecurity, and its data science and advanced analytics hub, and met with the Egyptian Banking Institute to discuss capacity-building programmes aligned with international best practices. The release also noted that the CBE Governor had visited the Central Bank of Nigeria in late June 2025 on the sidelines of the African Export-Import Bank’s annual meetings.
Central Bank of Egypt 2025-07-29
Central Bank of Egypt hosts Central Bank of Nigeria governor to expand bilateral cooperation and showcase banknote printing capabilities
The Central Bank of Egypt hosted the Governor of the Central Bank of Nigeria to discuss expanding bilateral cooperation on supervision, policy, and operational capabilities. The visit included a tour of the New Administrative Capital’s Printing House and discussions on supervisory regulations, Basel implementation, and capacity-building programmes. This meeting follows a recent visit by the CBE Governor to Nigeria during the African Export-Import Bank’s annual meetings.