The National Institute of Credit Administration (NICA), chartered, has inducted a new set of members into the Institute at its Membership Webinar Induction Ceremony, held virtually via Zoom at 10:30 a.m. on Wednesday, 25th March 2026. The ceremony formally welcomed successful candidates into NICA’s professional community, further reinforcing its commitment to excellence, integrity, and sound credit management practice in Nigeria.
The event was anchored by the Master of Ceremony, Akano Omotayo, who welcomed participants and coordinated the proceedings. Newly admitted members introduced themselves according to their membership categories, namely; Fellows (FICA), Members (MICA), and Associates (AICA), stating their names and organisations.
The Registrar/CEO, Prof. Chris Onalo, FICA, formally introduced members of the NICA Governing Council in attendance, including Dr (Mrs) Markie Idowu, FICA, President and Chairman of the Governing Council, who was present at the ceremony, alongside Prof. Felix V. Amieyeofori, FICA, Vice President and Vice Chairman of the Governing Council, and other distinguished council members.
Delivering her induction speech, the President and Chairman, Dr (Mrs) Markie Idowu, congratulated the inductees on their successful admission into the Institute. She encouraged them to take full advantage of the Institute’s professional development platforms and networking opportunities. She described NICA as a values driven professional body grounded in ethics, discipline, and collaboration, urging members to actively participate in not only advancing the Institute’s vision, but also professionalism in credit administration management.
She highlighted the Institute’s recent MoU with the Federal Government of Nigeria, noting that it represents a strategic step towards strengthening credit management practice and expanding institutional collaboration. She emphasised that the partnership will open new opportunities for members and further position NICA at the forefront of Nigeria’s credit ecosystem.
Corroborating this, the Vice President, Prof. Felix V. Amieyeofori, stressed the importance of the newly signed Memorandum of Understanding, describing it as a forward looking initiative that will enhance capacity building, professional standards, and global alignment for members of the Institute.
The Professional Oath of Allegiance was administered by Barrister Adenike Ajao, who led the inductees in affirming their commitment to uphold the Institute’s ethical standards and professional code, marking their formal entry into the Institute.
In his charge to the newly inducted members, the Registrar and Chief Executive Officer, Prof Chris Onalo, congratulated them and reminded them of their responsibility as ambassadors of the Institute. He urged them to conduct themselves with discipline, dignity, and integrity while remaining actively engaged in NICA’s programmes and initiatives. He also highlighted the Institute’s specialised training offerings, particularly the Six Months Mandatory Credit Management Academic Improvement Programme (MCMAIP), as essential for continuous capacity development.
Speaking on behalf of the newly inducted members, Dayo Omolokun, Managing Director and Regional Chief Financial Officer, Standard Chartered Bank, representing the male inductees, and Seyi Bella, Partner, Banwo & Ighodalo, representing the female inductees, expressed appreciation to the leadership and management of the Institute for the successful organisation of the ceremony. They reaffirmed the commitment of the new members to uphold the values of the Institute and contribute meaningfully to the advancement of credit administration in Nigeria.
The ceremony concluded with closing remarks from the President, who thanked the new members and charged them to uphold NICA’s core values of professionalism, excellence, and ethical credit management practice.
The induction ceremony was widely regarded as a success, with participants expressing readiness to contribute to the advancement of the credit management profession and the broader economic development of Nigeria.
Contact Information
For further enquiries on membership and related matters, please contact:
Lagos Office:
• Telephone: 08023314598, 08034030160, 07089148843
• Email: Registrar@icanigeria.net , membership@icanigeria.net
Abuja Office:
• Telephone: 09035056575, 08095123576, 08056662415,• Email: Membershipabuja@icanigeria.net
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