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  The Equipment Leasing Registration Authority (ELRA), has been inaugurated. The Hon. Minister for Finance, Budget and National Planning, inaugurated the Body on Friday, 19th May 2023. The Minister highlighted the importance of leasing, to the development of the Nigerian economy and expressed the need to continue to sensitise stakeholders, to further boost productivity, optimisation and growth of economy.   The Equipment Leasing Registration Authority (ELRA), is a public private partnership arrangement, set up by the Equipment Leasing act,…

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The Nigerian leasing industry continued its growth trajectory in 2022, recording a growth of 23.2 percent. Available statistics show that outstanding lease volume as at 2022 stood at N3.189trillion as against N2.587trillion in 2021.  

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As part of efforts to enhance its value proposition to members, ELAN recently paid courtesy visit to Rean Finance & Asset Management Company Ltd. The visit amongst other things, provided a platform to further acquaint the organisation with current trends and developments in the Nigerian Leasing industry, foster closer relationship with stakeholders and as well seek their support for all of our activities. This also served as avenue to find out from the organisation, the challenges being faced, that…

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As part of efforts to enhance its value proposition to members, ELAN recently paid courtesy visit to Cornerstone Insurance Plc. The visit amongst other things, provided a platform to further acquaint the organisation with current trends and developments in the Nigerian Leasing industry, foster closer relationship with them and as well seek their support for all of our activities. This also served as avenue to find out from the organisation, the challenges being faced, that the Association can proffer…

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We are pleased to invite you to a 3-day programme on Fleet Management. This programme is aimed at equipping stakeholders with essential tools to succeed in this specialised field, evolving comprehensive management strategies, across the full spectrum of fleet operations and transport logistics, that guarantees efficiency and effective cost control. Models shall be developed that will enhance fleet managers and transport logistics operators level of professionalism as well as operational dynamism. As a major player in fleet operations and/or…

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TWO OPTIONS: 1. ELAN Business Connect is an online platform directly powered by ELAN, which connects its leasing stakeholders, businesses, buyers and sellers. The site is a user-friendly and market-oriented with improved customer experience to enhance your business. Specifically, the site will be of immense benefit to your business by: – expanding your market reach – enhancing your visibility in the market place – providing free upload of products and services – offering low cost promotion for your products…

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Presentation at Member’s Advisory Service held on Wednesday, 8th March, 2023 at LCCI Conference & Exhibition Centre, Ikeja – Lagos.

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This programme provides detailed insight into this critical aspect of leasing to enhance yield and protect the lease portfolio. COURSE OUTLINES Financial concepts – Present value (PV), Time Value of Money (TVM), Cash Flow, NPV and IRR, analysis Approaches to Lease Pricing and Structuring -“Yield Analysis – Arriving at Lessor’s (IRR) The use of Structuring Techniques – winning the deal and mitigating risk Quantitative variables in lease pricing and structuring Amortisation and its impact The effect of Fees, Residual…

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We celebrate you today, as this month marks another anniversary of joining the Association and for your invaluable contribution to the development of the Nigerian Leasing Industry and the economy. We wish you more giant strides in years ahead.

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  RESOLUTION AT THE EXECUTIVE BUSINESS FORUM “2023: MAINTAINING BALANCE AND GROWTH STRATEGY” ORGANISED BY THE EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) HELD VIRTUALLY ON TUESDAY, 7TH FEBRUARY, 2023.   BACKGROUND The Equipment Leasing Association of Nigeria (ELAN) organised a virtual forum with the theme “2023: Maintaining Balance and Growth Strategy” on Tuesday 7th February, 2023. The event was designed to have a robust conversation on impacting macroeconomic developments including industry – specific conditions and exploring appropriate strategy to…

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