The National Institute of Credit Administration (NICA) chartered, has expressed support for the Federal Government’s establishment of the National Credit Guarantee Company (NCGC), saying it will revolutionize access to credit and transform the Nigerian economy. According to Prof. Chris Onalo, NICA’s CEO, this initiative will boost access to credit by the Micro, Small, and Medium Enterprises [MSMEs], Young business people, manufacturers, and consumers to access credit facilities from financial institutions, fostering economic growth and development, provide risk-sharing instruments for financial institutions, reducing credit risk and encouraging lenders to extend more credit to individuals and enterprises, and catalyze job creation, stimulate robust economic activities, and enhance the resilience of Nigeria’s economy.
Professor Chris Onalo, NICA CEO, Calls Stakeholders to Participate in the August Seminar on Credit Guarantee Operations and Processes
The National Institute of Credit Administration (NICA) chartered is pleased to announce its upcoming August seminar, focusing on Credit Guarantee Operations and Processes. Professor Chris Onalo, NICA’s CEO, invites all stakeholders, including credit grantors, borrowers, entrepreneurs, industry experts, financial institutions, and credit management professionals, to participate in this critical event.
The Seminar Objectives, according to Nigeria’s doyen of credit management are to provide insights into the workings of credit guarantee providers and their role in facilitating access to credit for MSMEs and individuals, share best practices in credit guarantee operations, including risk assessment, credit evaluation, guarantee management, and to discuss the latest trends and developments in credit guarantee, including regulatory updates and innovative products.
Target Audience for the 2-day Seminar are banks, guarantee providers, microfinance banks, and other financial institutions interested in credit guarantee products, credit management professionals ,risk managers, and other professionals involved in credit decision-making, owners and managers of MSMEs, entrepreneurs, and small business owners seeking to understand credit guarantee options.
Professor Chris Onalo invites all interested stakeholders to register for the August seminar on Credit Guarantee Operations and Processes. Don’t miss this opportunity to stay ahead in the credit management industry and contribute to the growth of Nigeria’s economy. The 2-day Seminar holds on August 20th and 21st at Vintano Hotels, Lekki, Lagos State.
To register for the Seminar, please email NICA on registrar@icanigeria.net
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