ACAEBIN Partners with Euromoney to Boost Open Banking

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has announced an international partnership with the Euromoney Association and Bank Singapore, marking a significant step toward strengthening Nigeria's preparedness for implementing open banking. Oluchi Chibuzor, the Associate Chief Audit Executive at ACAEBIN, highlighted the importance of this collaboration.

The initiative includes a training program organized by Oluwol Esomojumi, Vice Chancellor of ACAEBIN, which aims to align Nigeria's financial institutions with ongoing transitions toward open banking. The partnership reflects ACAEBIN's commitment to building capacity among industry leaders and ensuring compliance with regulatory expectations.

Aina Amah, Chairperson of ACAEBIN, reaffirmed the association's dedication to working closely with regulatory bodies, financial institutions, and fintech stakeholders to promote excellence in governance and risk management. The study tour will provide a platform for cross-border knowledge exchange, enabling Nigeria to benchmark its readiness against international best practices and adapt practical lessons to support the evolution of its financial services landscape.