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Nigeria: CIBN, FinTech Associations Partner To Enhance Professionalism

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CIBN FinTech Associations Partner To Enhance Professionalism
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As part of efforts to enhance professionalism in Nigeria’s financial sector, the Chartered Institute of Bankers of Nigeria has announced a collaboration with FinTechNGR and Fintech Development and Advocacy Initiative.

Speaking during a conference held in Lagos, the President of CIBN, Dr. Ken Opara, said that the collaboration will provide certification for the participants.

“This initiative is a further step towards the realization of the mandate of the institute to promote professionalism whilst enhancing knowledge and competencies in the financial services ecosystem.

Under this Agreement, the three institutions have come together to award Fintech certification which offers an excellent opportunity to bridge the tech talent gap and indeed further drive the implementation of the competency framework in the banking and finance industry in Nigeria” he said.

According to Opara, the Central Bank of Nigeria had appointed the institute as the accreditation agency for the implementation of the competency framework.

“It is therefore imperative for us to now translate this agreement from a commitment on paper to reality. On this note, we will not rest on our oars till the commencement of the maiden edition of the examinations in April 2023.

I want to assure you that the time between now and then will be used to undertake the development of the framework for the curriculum and examination, development of study packs, obtain the endorsement of the Central Bank of Nigeria and other relevant bodies, and create of awareness among the stakeholders,” Opara stated.

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