An online university known as Nextford University, as well as the Financial Institutions Training Centre have collaborated to address developing skill gaps in Nigeria’s banking sector.
According to The Punch, this was made public on Tuesday during the collaboration’s official launch at the FITC headquarters in Lagos.
The collaboration with FITC, according to the chief executive officer of Nexford University, Fadl Al Tarzi, has two goals: first, to train people outside the finance sector for job opportunities in the sector; and second, to give people who are already in the sector the skills they need to increase their career mobility.
“We want to help recent graduates get jobs in Nigeria’s finance sector. To do this, we must first qualify entry-level candidates so they are prepared for the workforce from day one.
“The second goal is to assist current financial industry employees in acquiring the skills they need to advance socially and professionally from one position to another,” according to Al Tarzi.
“So instead of firing those tellers, more transactions are now being completed digitally, which generates a lot of data that needs to be analyzed by business analysts and data analysts.”
He added that banks need to consider moving tellers to become data analysts by upskilling them instead of terminating their employment to hire new employees.
The managing director of FITC, Chizor Malize, stated that when discussing talent mobility, the finance industry is the most severely impacted. Everyone in this room must have begun to experience a notable decline in the quality of services from their financial services providers, and you frequently hear that many individuals have left or moved.
According to the Country Director for Nigeria at Nexford University, Oghogho Inneh, the collaboration would solve the problem of a skill gap between open positions and available candidates.
