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September 22, 2025
9. NICA: The Authority for Credit Management Profession in Nigeria

9. NICA: The Authority for Credit Management Profession in Nigeria

The National Institute of Credit Administration (NICA) chartered, is a national statutory professional body established by law- Act of Parliament No. 26 of 2022, to control, supervise and regulate credit management profession in Nigeria, support and promote credit business in the country, advise government on all matters relating to credit economy management and maintaining advocacy for good governance in credit management in Nigeria.

The Institute’s chartered status was further validated when Nigeria’s Federal Government proclaimed credit management as a national profession, and its qualifications nationally recognized at the National Credit Managers Conference held in Lagos on October 22, 2024. For more information, please visit NICA website www.icanigeria.net

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