CIBN/NIBSS Plans e-Payment Certification Exams 

Yemisi Izuora

The Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with Nigerian Inter-Bank Settlement System Plc (NIBSS) has concluded arrangement to hold the Professional Certification Programme on Electronic Payments along with the Banking Professional Examinations of the Institute.

The examination scheduled to hold between April 5 and 7, 2022 will take place in various locations in Nigeria, The Gambia, Ghana, Rwanda, Sierra Leone, Liberia and Zambia.

According to the statement jointly signed by the Heads of Corporate Communications of both Institutions; they explained that the certification was introduced in the year 2021 to codify the Nigeria e-Payments knowledge base and determine the knowledge and work experience criteria required to recognize practitioners as Beginners, Intermediate and Advanced levels. It is also to create a growth roadmap for fledgling e-Payment workers, including the unemployed who have the desire to make a career in the Electronic Payments ecosystem within the emerging and burgeoning banking, payments, and Financial Technology industry in Nigeria.

On his part, the Executive Director, Technology & Operations, NIBSS, Mr. Aminu Maida, emphasised that the Certification programme is to set a standard for e-payment expertise, create a path that will enhance skills and competence and foster a category of high performing professionals in the Nigerian e-Payment Industry. He added that the Curriculum for the Programme adequately covers the current trends and the required knowledge areas in line with global best practices.

The Programme has three (3) levels of achievements which include:

Certified e-Payment Associate (CePA)

He said that this level is to provide an entry-level certification path for payment professionals and has four (4) subjects as follows:

Introduction to Electronic Payments (E-Payment)

E-Payment Operations

E-Payment Regulation

E-Payment Operations Simulation Lab & Experiential Learning

Certified e-Payment Professional (CePP)

This level is to provide an intermediate-level certification path for qualified CePA and has seven (7) subjects as follows:

The Business of Digital Financial Services & Innovation (DFS)

Digital Identity

E-Payment Technology and Operations

The Regulatory Environment for DFS

E-Payment Security: Audit & Compliance

Financial Inclusion (FI)

E-Payment Operations Simulation Lab & Experiential Learning

Certified e-Payment Specialist (CePS)

This is awarded to a qualified CePP holder interested in the pursuit of a specialty path and has five (5) subjects as follows.

Payments System Innovation Strategy (PSIS)

The Payments System of the Future

E-Payment System and National Economic Development

Comparison of the National Payment System of select countries

E-Payment Operations Simulation Lab & Experiential Learning

The registration for the Certification is currently open.

The Registrar/Chief Executive, CIBN – ‘Seye Awojobi, Ph.D, FCIB; while disclosing the efforts of the industry in promoting e-banking education in Nigeria, reiterated that the introduction of the Professional Certification Programme will in no doubt evolve as a specialist practice in setting the standards for e-payment expertise in e-payments and financial technology profession.

All young graduates, staff of licensed payment service providers (Commercial Banks, Microfinance Banks, Mortgage Banks, Mobile Money Operators, Payment Solution Service Providers, Payment Terminal Service Providers, Payment Service Banks, and Super-Agents) and job applicants who desire to pursue a career in e-payments are encouraged to register on the institute’s website or via [http://bit.ly/CIBN_NIBSS].

Add Comment