FITC Introduces New Products

FITC Introduces New Products

To boost learning processes and professionalism in the financial sector, the Financial Institutions Training Centre, has introduced some new products.

FITC gave the names of the new products as FITC Virtual learning, FITC E-Recruitment Portal and FITC Virtual Library.

The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Dr. Kingsley Moghalu, commended the innovations.

He also said that the management of operational risk should be improved in the financial system.

He said, “The management of operational risk needs to be improved and we know that one of the problems that affected the banking industry in the past was almost a complete failure of risk management.

“We must enhance the quality of banks in Nigeria through good risk management and corporate governance through proper regulatory frameworks.”

According to him, the products were relevant and should help the development of the financial sector.

The institute also developed the Nigerian version of the IFC corporate governance and board leadership training column, as well as the FITC new publications.

It stated that the FITC the e-recruitment portal presented a solution by providing a portal dedicated to applicants who had the appropriate educational qualification and experience required for financial institutions.

It also said that the Virtual Library was initiated to complement other human capacity development efforts at FITC.

FITC said the EBSCO is a web-enabled database, which provides access to e-journals and e-books among other electronic publications as well as access to other open access databases with some publications dating back to 1886.

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