Membership Benefits



Our aim is to support our members as they grow and develop their organizations. We have created a portfolio of membership benefits which are designed to provide you with the knowledge, tools, and advice to help you be more productive, competitive, and profitable. Benefits included as part of the annual membership fee cover resources such as business information, advice and research, access to professional one-to-one advice, places to meet and do business, and the chance to network across Nigeria both on and offline.  

CIoD Members benefit from a wide range of service offerings by CIoD globally, Including the following:

1.     Creation of an unparalleled network among business leaders

2.   upgrading the conceptual and professional skill of Company Directors through Conferences and Workshops

3.   Meeting point of both foreign and local investors

4.   Systemic interface-relationship and interface with government

Further benefits are available to CIoD Members in Nigeria:

Representation at the highest levels of government and the opportunity to participate in surveys and receive copies of our policy publications.

Networking across Nigeria through our branches we run a full range of events from breakfast briefings to health walks.

Discounts on our respected range of director- level training and development programmes

Discounts on our conferences and events where you will have the opportunity to listen to top level speakers.

Access to a range of specially negotiated products and services including business and personal insurance, health, travel, car hire, and hotel accommodation.

Other benefits are included as part of your annual membership fee:

• Access to our exclusive LinkedIn group for CIoD Nigeria members

• Subscription to Director magazine

• Registration on the CIoD Nigeria NXD Directory

• Use of the CIoD Business Information Service

• Monthly Online newsletters

• Advert on our Business Directory


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Membership Grade & Criteria

CRITERIA FOR MEMBERSHIP OF THE CHARTERED INSTITUTE OF DIRECTORS NIGERIA

Chartered Institute of Directors Nigeria is an apex professional body with a mandate to cater and speak for Directors in their individual capacities across the various sectors of the economy. It is one of Nigeria’s leading economic policy and corporate governance advocacy institution, which has consistently promoted innovative policies aimed at ensuring private sector led economic growth.

Membership criteria are designed to ensure that members meet certain professional standards and are committed to the principles of good governance and leadership.

General Criteria for Membership

In line with the provision of the act that establishes the Chartered Institute of Directors (CIoD) Nigeria, all applicants shall:

  • Be of good character;

  • Have attained the age of 21 years;

  • Not be convicted of any offence involving criminal act, fraud or dishonesty within and outside Nigeria;

  • Be of sound mind;

  • Not be adjudged a bankrupt and

  • Fulfil all requirements stipulated by the Governing Council of the Institute

Specific Membership Categories and Criteria

CIoD Nigeria offers different categories of membership to cater to the diverse needs of business leaders. Some of the key membership categories include:

Associate

To qualify as an Associate member, an applicant must be:

  • A sole proprietor of an unincorporated business existing for a minimum of three years.

  • A senior executive of a national company reporting directly to a board member for a minimum of two years.

  • A senior executive in an education or health authority or other public body of similar standing for a minimum of two years.

  • A company director or partner in a professional practice, or have a profession and be working in industry or commerce of less than three years.

  • In addition to the above, the applicant must have attended CIoD Nigeria Company Direction Course I.  

  • Elected members are entitled to use the designation “AM.CIoD” after their names

  Member

To qualify as a member, an applicant must be:

  • A Proprietor of an incorporated business existing for a minimum of five (5) years, with evidence of at least three years statutory tax return and  audited account.

  • A Company Director for a minimum of five (5) years and be in business for a minimum of five (5) years.

  • Director or equivalent not less than grade level 16 at the Federal and State Government with a minimum of five (5) years’ experience.

  • In addition to the above, the applicant must have attended CIoD Nigeria Company Direction Course I.  

  • Elected members are entitled to use the designation “M.CIoD” after their names

  Fellow

  • For consideration, a member should have been a director of a reputable organization for not less than 10 years.

  • Have been a full Member of CIoD for at least seven years

  • Must be financially up to date in subscription payment for not less than five years.

  • Must have attended any of the following training programmes, CDCII, ACDP, or any of the Foreign Leadership Courses of the Institute

  • Be an active member of the Institute i.e.

  • Attends training and events of the Institute

  • Must be or have been a member of at least one committee of the Institute.

  • Elected members to fellowship grade are entitled to use the designation “F.CIoD” after their names.

APPLICATION PROCESS

  1. Application Form: Prospective members must complete an online application form, providing detailed information about their professional background, experience, and qualifications.

  1. References: Applicants may be required to provide references from existing IoD members or other professionals who can attest to their suitability for membership.

  1. Attendance at a compulsory Course: applicants are expected to attend the Company Direction Course I as part of the membership assessment process.

  1. Fees: Membership involves payment of an annual fee, which varies depending on the membership category.

BENEFITS OF MEMBERSHIP

  • Networking: Access to a network of business leaders and opportunities to attend events, conferences, and networking sessions.

  • Resources: Access to a range of resources, including research, publications, and online tools designed to support directors in their roles.

  • Professional Development: Opportunities for professional development through courses, training programs etc.

  • Advisory Services: Access to advisory services and support on issues related to corporate governance, business strategy, and leadership.

  • Discounted rates at our CIoD Events and partner organizations.

  • Discounts at selected partner hotels such as The Eko Hotels, Lagos and Transcorp Hotel, Abuja amongst others as well as discounts at selected airport lounges.

  • Subsidized rates for use of Meeting and Training Rooms in the National Secretariat and branch office

  • Free use of the Members' Lounge at the CIoD National Secretariat


For detailed and specific information, you can visit the CIoD Nigeria’s website www.ciodnigeria.org or contact the membership department directly.

 

Election Fees for New Members

(Payable only once on application together with the first year’s membership fee)

Development Levy                                                                       N150,000  

Director Collection fee                                                                N50,000

Induction                                                                                       N50,000 

Capitation Fee                                                                              N20,000 

Annual Subscription                                                                    N80,000    

Annual Conference Fee                                                              N120,000

Company Direction Course Fee                                                N210,000

Total Payable by New Member                                                 N680,000


Membership Registration



Membership Fees

Associate

N70,000

Annual Subscription

·     A sole proprietor of an unincorporated business existing for a minimum of two (2) years, or

·     A senior executive of a limited liability company reporting directly to a board, where he is a member for a minimum of one (1) year.

·       Directors at the Federal and State levels with a minimum of one year or less experience.

·       In exceptional cases where applicants do not satisfy the above criteria but are nevertheless able to demonstrate that they have an equivalent senior level of responsibility and they support CIoD   ’   s aims and objectives, they may be considered for eligibility.  


Member 

N80,000

Annual Subscription

·    Either a Company director for a minimum of one (1) year and be in business for a minimum of three (3) years; or

·     In business for a minimum of five (5) years and must have attended the CIoD course on Company Direction, or

·     A director for a minimum of 2years, having been in business for a minimum of five (5) years and have attended the CIoD Company Direction Course

·      A Director at the Federal and State levels with a minimum of 2 years ’   of experience

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Fellow

N95,000 

Annual Subscription

·       Have a minimum of 10 years of Directorship experience in a reputable organization

·     Have sustained their active CIoD membership for not less than 5 years with unblemished character.

·     Do not meet the above requirement but found worthy at the discretion of the Executive Committee and Council on the recommendation of the Membership Committee.

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