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It is possible, but not very intuitive. You need to use a combination of page and photo text – see image below. Select a single photo layout with text cells top and bottom. Right-click (control-click) in the top text cell and choose:
Auto Text >> Title
Then click on the actual photo, somewhere near the center and in the right hand panel put a check-mark in the box for photo text, choose caption from the drop-down list and click the button to place below the photo.
To add titles (or captions), you first have to type them into your books’s metadata. In the Library module, select your book, then on the right side, scroll down to the Metadata panel and type in a Title, and hit Enter/Return. Do this for each of the books/photos you plan to use in your slideshow.
Hope this helps,
Scott C. Waring