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Tag: NICA

NICA advocates credit access for students, Informal sector
Business

NICA advocates credit access for students, Informal sector

A credit system that enables participants in the unofficial economy and students to get credit for their studies and expand their enterprises has been demanded by the National Institute of Credit Administration. According to The PUNCH, a nation that supports a healthy consumer credit system allows people to purchase products and use services on credit, […]

NICA advocates credit access for students, Informal sector
Business

NICA proposes credit guarantee system for struggling businesses

By Melvin Onwubuke   The National Institute of Credit Administration has called on the federal government to establish a broad credit guarantee system to support struggling businesses across the nation. According to nairametrics, this drive is designed to bring in a new economic dimension, distinguished by enhanced productivity and swift development of cottage industries, informal […]

NICA advocates credit access for students, Informal sector
Business

NICA uses mandate to create thriving credit system

The National Institute of Credit Administration has vowed to help the economy transition from a cash-based economy to a thriving credit economy. The Punch reported that NICA Act number 26 of 2022, which grants control, oversight, and regulation over the credit management profession in Nigeria, was also cited as a reason to celebrate the newly […]