Dear Esteemed NICA Members,
As part of our ongoing efforts to enhance the professional development and versatility of our members, the National Institute of Credit Administration (NICA) chartered, is pleased to once again draw your attention to the Six-Month Mandatory Credit Management Academic Improvement Programme (MCMAIP) of the Institute.
This programme is a key component of our strategy to ensure that NICA qualifications remain relevant and effective in the ever-changing credit management ecosystem. The objective of MCMAIP is clear: to equip our members with the knowledge, skills, and competencies required to understand, discuss, teach, implement, and defend credit management activities across industries – economic-wide.
As a programme instituted by the Governing Council of NICA, we emphasize that participation in MCMAIP is mandatory for all members, and completion of the programme will be required to maintain active membership status.
MCMAIP Programme Details:
- Duration: Six months
- Format: Virtual sessions every two Saturdays of the month
- Curriculum: Comprehensive coverage of essential credit management principles, and best practices
- Assessment: flexible and continuous self-assessments and exit examination
- Conducted by: Postgraduate School of Credit and Financial Management (PSCFM)
MCMAIP Programme Fees:
The programme is subject to payment of the prescribed fees as stated below, payable into the bank account of the Postgraduate School of Credit and Financial Management:
- Fellow:
N455,000 - Member:
N325,000 - Associate:
N234,000
Payment can be made into any of the following banks:
1. Bank Name: Union Bank
Account Number: 0005290746
Account Name: Post Graduate School of Credit and Financial Management Studies Limited
2. Bank Name: First Bank
Account Number: 2000587530
Account Name: Post Graduate School of Credit and Financial Management Studies Limited
3. Bank Name: Eco Bank
Account Number: 0492002833
Account Name: Post Graduate School of Credit and Financial Management Studies Limited
4. Bank Name: Access Bank
Account Number: 0017345651
Account Name: Post Graduate School of Credit and Financial Management Studies Limited
NOTE: Payment can be made in full or in three (3) instalments.
Programme Outcomes:
Upon completion of the MCMAIP programme, the Executive Professional Award Certificate will be issued, validating/authenticating your membership with the National Institute of Credit Administration, chartered.
Please note that classes are currently ongoing. Hurry now and contact the Institute to join the current stream. Those who have completed their MCMAIP programme should kindly disregard this information.
Thank you for your cooperation and commitment to NICA.
Best regards,
Professor Chris Onalo,
FICA, ICCF, B.Sc., M.A, Ph.D (credit management)
Registrar/ CEO
National Institute of Credit Administration (NICA), Chartered
Tel: +234-803-403-0160
Email: ceo@icanigeria.net, registrar@icanigeria.net

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