The Registrar/Chief Executive Officer of the National Institute of Credit Administration (NICA), Prof. Chris Onalo, has expressed concerns over the rise of unethical practices among credit management professionals in Nigeria, warning that such behaviours could lead to an increase in bad debts within the country's financial sector.
In a press statement, Onalo emphasised the critical need for ethics, transparency, and a duty of care in the credit appraisal process, highlighting the role of professional conduct in maintaining financial stability.
