The National Institute of Credit Administration (NICA), chartered, has inducted new members into the Institute during its Membership Webinar Induction Ceremony held virtually via Zoom.
The ceremony, which commenced at 10:30 a.m., on Wednesday 17th December, 2025, formally admitted successful candidates into NICA’s professional community, reaffirming the Institute’s commitment to excellence, integrity and sound credit management practice in Nigeria.
The Master of Ceremony, Duruaku Blessing, welcomed participants and coordinated the induction proceedings. Newly admitted members introduced themselves according to their categories, beginning with Fellows (FICA), followed by Members (MICA) and Associates (AICA), stating their names and organisations.
The event acknowledged the presence of the NICA Governing Council Members, Dr. (Mrs.) Markie Idowu, President/Chairman, Prof. Chris Onalo, Registrar/CEO, and Dr. (Mrs.) Wosilat Adebayo, a governing council member, who represented the Institute’s leadership at the ceremony.
Delivering the induction address, the President of the Institute, Dr. (Mrs.) Markie Idowu, congratulated the inductees on their admission into NICA and encouraged them to take advantage of the networking opportunities offered by the Institute. She described NICA as a strong professional community built on ethics, collaboration and shared purpose, urging members to engage actively with the Institute.
The Professional Oath of Allegiance was administered by Barr. Precious Ezewere, who led the inductees in pledging to uphold the Institute’s professional ethics and standards, marking their official admission into NICA.
In his charge to the newly inducted members, the Registrar and Chief Executive Officer, Prof. Chris Onalo, congratulated the inductees and reminded them that they are ambassadors of NICA. He urged them to represent the Institute with discipline, dignity and integrity and to remain actively involved in its programmes. He further noted that NICA offers specialised training programmes for professionals and institutions, adding that members of the Institute are engaged in areas such as credit rating, credit bureau operations and financial risk management, which he described as emerging frontiers in Nigeria’s credit ecosystem.
A Goodwill Message was delivered by Mrs. Oraneli Scholastica Ukaoma, the Academic Administrator of the Postgraduate School of Credit and Financial Management (PSCFM), she highlighted the importance of the Institute in promoting continuous learning and professional development. She encouraged members to join the Mandatory Credit Management Academic Improvement Program (MCMAIP), to enhance their knowledge and stay informed on credit and finance. She further noted that application forms are available through the Institute’s website (www.icanigeria.net), emphasizing the College’s role as a key platform for ongoing education.
Among the new inductees were Dr. Emeka Joseph Isebor, Managing Director/Chief Executive Officer, IEJN Investment and Properties, City of Johannesburg, Gauteng, South Africa, and Adaobi Onanuga, Vice President,
Debt Financing Solutions, RMB – Rand Merchant Bank, Broad Africa, Investment Banking Division, Lagos State, who also delivered the vote of thanks on behalf of the newly inducted members, expressing appreciation to the Institute’s leadership, management and all attendees for the successful conduct of the induction ceremony.
The meeting ended with a Council Member Dr. Wosilat, thanking all new inductees, and the President, Dr. (Mrs.) Markie Idowu, formally declared the induction ceremony closed and urged newly inducted members to uphold the Institute’s values of professionalism, excellence and ethical credit practice.
The NICA Membership Webinar Induction Ceremony was described as successful, with new members expressing readiness to contribute to the advancement of credit management administration and Nigeria’s economic development.
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