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February 23, 2026
Why Business Owners are Joining the Membership of National Institute of Credit Administration (NICA)

3. NICA Council Members are a Bit Worried  about Members Not Registering for MCMAIP!

Dear Esteemed Professional,

The National Institute of Credit Administration (NICA), chartered, is pleased to bring to your attention the Mandatory Credit Management Academic Improvement Programme (MCMAIP), a structured professional development programme designed to further enhance your competence in business credit

management, its accessibility, strengthen your entrepreneurship and career advancement opportunities.

Over the years, many of our members were inducted long ago but have not shown interest in enrolling, completing, or graduating from MCMAIP. This is not a good practice for an institute that sets its own standards, upholds global best practices, and reputation for professionalism and excellence in a credit management economy.

We understand that professionals join reputable bodies for various reasons, which includes, regulatory compliance, career enhancement, or professional recognition. However, beyond these, loyalty to the Institute and compliance with its competence requirements are essential for maintaining the interjectory of integrity and a prestige of credit management profession in Nigeria.

NICA has carefully structured this programme with the busy schedule of its members in mind. To ensure maximum convenience and flexibility, MCMAIP is conducted strictly virtual, holding two Saturdays every month for a period of six months. This virtual format enables professionals to participate and upgrade their knowledge without disrupting their work or personal commitments.

Your prolonged non-participation has become a serious concern to the Institute and its Governing Council. We therefore appeal to you: if you have not yet joined, completed, or graduated from MCMAIP, kindly do so without delay.

MCMAIP enables you to gain all-round knowledge and expertise in credit management operating in other sectors of the economy, staying updated on industry best practices, standards, and emerging trends, networking and collaborating with industry leaders and NICA C-level fellow professionals, improving your professional credibility and contributing more effectively to the growth and development of your organization.

We look forward to receiving your registration and admission into the programme as soon as possible. Join the Ranks of Distinguished Credit Professionals!

Don’t miss this opportunity to elevate your career and expand your professional capacity. Enrol in MCMAIP and gain far more than you imagine.

Programme Fees:

FICA – ₦455,000
MICA – ₦325,000
AICA – ₦234,000

PAYMENT CAN BE MADE INTO ANY OF THE ACCOUNTS BELOW:

1. Union Bank, Moloney

Account Name: Postgraduate School of Credit and Financial Management
Account Number: 0005290746

2. First Bank, Niger House

Account Name: Postgraduate School of Credit and Financial Management
Account Number: 2000587530

3. Eco Bank, Olodi Apapa

Account Name: Postgraduate School of Credit and Financial Management
Account Number: 0492002833

4. Access Bank, Moloney

Account Name: Postgraduate School of Credit and Financial Management
Account Number: 0017345651

5. Fidelity Bank (Any Branch)

Account Name: Postgraduate School of Credit & Financial Management
Account Number: 5601063815

After payment, kindly send your proof of payment to this WhatsApp number:

09014719570, for issuance of your receipt and admission docket.

For more enquiries, please contact us on this email: academicadministrator@postgraduatecreditschool.net and copy registrar@icanigeria.net. Also, our contact numbers are 09014719570, 08034030160

Why Business Owners are Joining the Membership of National Institute of Credit Administration (NICA)

Business owners are joining the National Institute of Credit Administration (NICA), chartered, for several compelling reasons.

Membership with NICA offers professional recognition and entrepreneurial credibility in credit and business management, setting members apart from non- members. As a chartered professional regulatory body, NICA is recognized and legally positioned to operate like other global professional bodies, controlling, supervising, and regulating credit management profession in Nigeria, as well as

advising the government at all levels on matters relating to credit economy management in the country.

NICA provides training and development opportunities, enhancing members’ credit management skills and knowledge. The institute’s Mandatory Credit Management Academic Improvement Programme (MCMAIP) and Credit Managers Roundtable, equips members with extensive knowledge of credit management, making them more competitive in the local and global job markets.

NICA offers a platform for members to network with industry professionals, entrepreneurs, business leaders, and small business owners, fostering business growth and collaboration. Members can participate in conferences, workshops, and other events, expanding their professional and business network.

Membership with NICA enhances career prospects, as employers recognize the value of NICA-certified professionals. NICA’s global membership initiative also provides opportunities for international recognition and career advancement as they enjoy access to exclusive resources, including credit management tools, research reports, and industry insights. NICA also offers discounts on training programs, conferences, and other events.

NICA’s advocacy and commitment to promoting credit economy development, people-centred credit accessibility, and national jobs and wealth creation is truly commendable. By advocating for consumer credit administration frameworks, NICA plays a vital role in shaping Nigeria’s economic landscape.

NICA’s dedication to credit economy development and people-centred credit accessibility sets it apart from other institutes in Nigeria and worldwide. Its commitment to excellence and innovation has earned it a reputation as a leading voice in credit administration.

NICA’s work has far-reaching implications for Nigeria’s economic future, making it an essential partner in the country’s development journey.

By joining NICA, business owners contribute to the growth and development of Nigeria’s economy, promoting credit management best practices and standards. Overall, joining NICA, chartered, offers business owners a competitive edge,

enhanced credibility, and access to valuable resources and networking opportunities.

You can reach out to NICA for membership through this email: registrar@icanigeria.net or visit NICA website www.icanigeria.net or call this number 08034030160.

NO. 40

CreditEconomyNewsbyCreditEconomyNews
in Business Credit, Consumer Credit, Credit Columnist, Credit Insurance, Professional Associations
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