In collaboration with critical stakeholders, the National Institute of Credit Administration (NICA) chartered, is set to bring together players in the Nigeria’s credit economy landscape, in what the Registrar/CEO of the institute, Professor Chris Onalo, considered a novel idea to establish Nigeria Credit Economic Forum (NCEF).
The professor of credit management and founder of the profession outlined the strategic plan for hosting the Nigeria Credit Economic Forum (NCEF), patterned after the World Economic Forum:
NCEF Objective
– Objective: To establish the NCEF as a premier platform for stakeholders in Nigeria’s credit ecosystem to discuss, innovate, and shape the future of credit economy in Nigeria.
Size and Impact
– Expected Attendance: 500-1000 delegates, including policymakers, regulators, MDAs of both federal and state governments, financial institutions, credit bureaus, fintech companies, academia and other stakeholders.
– Impact: Position the NCEF as a catalyst for driving growth, innovation, and inclusivity in Nigeria’s credit economy market.
Venue
– Location: Lagos or Abuja, Nigeria’s major economic hubs.
– Venue: A world-class conference center or hotel with state-of-the-art facilities.
Funding
– Sponsorship: We plan to secure funding from key stakeholders, including financial institutions, multinational corporations, conglomerate/blue-chip companies, credit bureaus, fintech companies, credit guarantee companies, and government agencies.
– Partnerships: Collaborate with international organizations, development agencies, and private sector companies to secure funding and support.
Programming
– Keynote Speakers: We plan to invite renowned experts, policymakers, and industry leaders to share insights and experiences.
– Panel Discussions: There will be panel discussions on topics such as credit infrastructure, fintech innovation, regulatory frameworks, national re-orientation towards credit culture economy, and financial inclusion.
– Workshops: Host workshops on specific topics, such as credit scoring, risk management, and digital lending, integrity in credit business, credit and legal system, etc
– Networking Opportunities: The forum will provide ample networking opportunities for delegates to connect and collaborate.
Stakeholder Engagement
– Identify Key Stakeholders: NICA will engage with policymakers, financial institutions, multinational corporations, conglomerate and blue-chip companies, credit bureaus, fintech companies, credit guarantee companies, and other stakeholders to ensure their participation and input.
Marketing and Promotion
– Branding: In collaboration with other planners, a strong brand identity for the NCEF, will be developed, including logo, website, and social media presence.
– Marketing Campaigns: Launch targeted marketing campaigns to promote the NCEF to key stakeholders and potential delegates.
– Media Partnerships: Partner with local and international media outlets to amplify the NCEF’s message and impact.
Logistics and Operations
– Event Management: Partner with a reputable event management company to handle logistics, registration, and operations.
– Venue Management: Ensure the venue is equipped with necessary facilities and infrastructure.
– Security: Ensure the safety and security of delegates.
Evaluation and Follow-up
– Evaluation: Conduct a thorough evaluation of the NCEF’s impact, outcomes, and delegate satisfaction.
– Follow-up: Follow up with stakeholders to track progress and ensure implementation of recommendations.
By following this strategic plan, the NCEF can become a premier platform for shaping the future of credit economy management in Nigeria and driving economic growth and development.
Any organization interested in collaborating in this NCEF initiative, should please contact Professor Chris Onalo, Registrar/CEO, NICA by sending email to ceo@icanigeria.net or call: 08034030160
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