Skip to content

Chartered Institute of Commerce of Nigeria (CICN)

Fees & Payments

A complete breakdown of CICN examination fees by stage – from Qualifying Examination to Professional III. All amounts are in Nigerian Naira (₦).

Membership Categories & Annual Dues

Explore CICN’s four membership categories and their corresponding annual subscription fees, designed to recognise different levels of professional qualifications, experience, achievement, and standing within the Institute.

Associate Memberr
₦5,000 / year

Designed for candidates who have satisfied the applicable educational, examination and admission requirements established by the Institute, beginning their journey of recognized professional practice.

Full Member
₦10,000 / year

Recognizes professionals who have satisfied the applicable requirements for membership, including relevant qualifications, extensive professional experience, and ethical commercial standing. 

Fellow (FCICN)
₦15,000 / year

Designed for individuals undertaking the Institute’s educational or examination pathway and working towards professional qualification in commerce, business administration, and related disciplines. 

Professional Doctorate Fellow
₦15,000 / year

Represents advanced professional recognition within the Institute for eligible professionals who satisfy the highest criteria of leadership, distinguished commercial stewardship, or honorary conferment approved by Council. 

Complete Examination Fees Schedule

All amounts are in Nigerian Naira (₦). Charges are clearly itemized to keep examination fees, application-form fees, and registration/ID-card charges separate.

Examination Stage Examination Fee Application-Form Fee Registration & ID-Card Fee
Qualifying Examination ⁉40,000 (flat fee) Included Included
Foundation Part I ₦35,000 ₦5,000 ₦8,000 shared across Foundation I and II
Foundation Part II ₦35,000 ₦5,000 Shared Foundation charge (₦0 if paid)
Professional Examination I (PE I) ₦50,000 ₦10,000 ₦8,000 shared across PE I and PE II
Professional Examination II (PE II) ₦50,000 ₦10,000 Shared PE I/PE II charge (₦0 if paid)
PE III Part I ₦80,000 ₦10,000 ₦8,000 shared across PE III Parts I and II
PE III Part II ₦80,000 ₦10,000 Shared PE III charge (₦0 if paid)
Course Exemption ₦5,000 per course approved by CICN
Fee Calculation Rules
  • Registration and ID-card charges are shared within the relevant examination group (₦8,000 per group).
  • Do not count a shared ₦8,000 registration fee twice when calculating the cost of two parts within the same group.
  • The Qualifying Examination is a flat-fee package of ₦40,000 with no separate registration, ID-card, or application-form charge.
  • Totals assume a separate application-form fee for each part or level entered. If one form covers both parts of a group, the combined total will be revised accordingly.
2