Membership Benefits

Our aim is to support our members as they grow and develop their organisations. 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 benefits from a wide range of service offering by CIoD globally, Including the following.

1.     Creation of 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 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

Membership is made up of Directors and Business leaders from the public and private sectors and across a diversity of enterprises in commerce, industry, services, professions, bureaucracy, etc. Membership is in an Individual capacity and provides a platform to establish and maintain contact amongst business leaders at the highest levels.  

It also provides a platform to interface with the government for the creation and entrenchment of favourable business-friendly policies in seemingly challenging circumstances for the creation of wealth.

Membership Grades and Criteria  

The membership grades for the Chartered Institute of Directors Nigeria consist of ASSOCIATE, MEMBER, and FELLOWSHIP.

Only members can proceed to the fellowship grade. Full membership grade if attained, could be upgraded to fellowship status on application. For the purposes of CIoD membership, the following definitions apply:

1.     Entity: a registered company, corporation, business unit, institute, trust, local government, business association, charity, professional partnership, or similar organisation, whose business affairs and strategies require direction.

2.   Substance: normally requires a minimum annual business turnover or budget of N50 million.

3.   Director: must be a member of a body that is responsible for and accountable for the strategic business direction and corporate governance of the “entity” and which makes the decisions that determine its prosperity and integrity

Associate

To qualify as an Associate member, an applicant must be over 25 years and 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 has a profession and has been working in industry or commerce for less than three years.

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

Member

To qualify as a member, an applicant must be over 25 years, old and be a “Director” of an “Entity” which is a solvent going concern of “Substance”, as broadly defined below and have been:

OR

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

To qualify as a full member, an applicant must be:

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

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

3. 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.  

Fellow

Fellowship grade is open to members:

• 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 five 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.

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

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