The Financial Institutions Training Centre (FITC) was established in 1981 in response to the recommendations of the Pius Okigbo Committee set-up by the Federal Government of Nigeria to review the Nigerian financial system. The Centre was incorporated under the Company's Act of 1968 as a non-profit organisation limited by guarantee. It is owned by the Bankers' Committee, which comprises the Central Bank of Nigeria, the Nigeria Deposit Insurance Corporation and all licensed banks in Nigeria.

The main objectives of the Centre are:

• To provide human capital development and advisory services to clients with special attention to institutions in the financial services sector;
• To protect, promote and advance the knowledge and practice of banking and finance by organising seminars, lectures, workshops, etc;
• To initiate, support and advise on legislation or other measures affecting the aforesaid interests;
• To explore opportunities for mutual co-operation with reputable professional bodies;
• To print and publish any newsletters, periodicals, bulletins, books or leaflets that it may consider desirable for the promotion of its objects; and
• To do such things that are incidental or conducive to the attainment of the above objectives.

Towards meeting its mandate, the Centre regularly mounts training programmes in the core operational areas of banking and finance. These range from Credit Analysis and Management; Corporate Finance and Investment Banking; Foreign Exchange and Treasury Operations to Clearing Operations. Other courses in the areas of Information Technology; Management Development are also offered on a regular basis. As at 31^st December, 2007, a total of 34,701 people had benefited from the Centre's training programmes.

The Centre also provides advisory services for clients under the auspices of the FITC Consult. Furthermore, through its Research Unit, FITC undertakes research aimed at finding solutions to problems facing the financial services sector, in particular and the economy in general.

At FITC, we are committed to a culture of excellence as we strive to enhance standards in the Banking and Finance sector, thereby contributing to the growth of the Nigerian Economy.