Category: Latest News

PROCEEDINGS  AT THE 23RD NATIONAL LEASE CONFERENCE ORGANISED BY THE EQUIPMENT LEASING ASSOCIATION OF NIGERIA LTD/GTE (ELAN), HELD AT THE PROVIDENCE HOTEL,  IKEJA – LAGOS, ON THURSDAY, 13TH NOVEMBER 2025.     1.0   BACKGROUND   In furtherance of its objective of promoting the ideals of leasing in Nigeria, the Equipment Leasing Association of Nigeria Ltd/Gte (ELAN) organised the 23rd National Lease Conference held on Thursday, 13th November 2025 at The Providence Hotel, Ikeja – Lagos. The Annual National Lease Conference is the biggest gathering…

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  Equipment leasing has evolved into one of the most effective financing options available to businesses in Nigeria today. By offering access to critical equipment without the heavy upfront burden of ownership, leasing enables enterprises – whether large corporates, SMEs, or start-ups – to preserve cash flow, expand operations, and remain competitive in an increasingly dynamic market. The passage of the Equipment Leasing Act 2015 marked a significant milestone, establishing a statutory framework to support this crucial sector. Yet,…

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WELCOME ADDRESS BY EHIGIAMUSOE ELIZABETH NGOZI (MRS), CHAIRMAN, BOARD OF DIRECTORS, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) AT THE 23RD NATIONAL LEASE CONFERENCE HELD ON THURSDAY, 13TH NOVEMBER 2025 AT PROVIDENCE HOTEL GRA, IKEJA, LAGOS.       Distinguished Special Guests Esteemed Guest Speakers and Panellists Directors and Members of ELAN Distinguished Partners Gentlemen of the Press Ladies and Gentlemen, . It is both an honour and a privilege, on behalf of the Board and Members of the Equipment…

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  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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          The focus of this edition is “Scaling Up the Capacity of the Nigerian Leasing Industry” Download your copy today and and stay updated on the latest industry trends and insights…  

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The Nigerian Leasing Industry sustained its growth momentum in the first quarter of 2025, recording a 3.67% increase in transaction volume. Total outstanding leases reached ₦5.358 trillion, up from ₦5.168 trillion in Q4 2024, with ₦189 billion in new transactions during the review period.   Kindly download full details here: 

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Distinguished Members,   It is my privilege to welcome you to our Association’s 30th Annual General Meeting and present the Financial Statements and Report for the year ended 31st December 2024. The Macroeconomic Environment The global economy demonstrated remarkable resilience in the past few years despite being subject to major shocks such as the pandemic and an energy crisis. In 2024, global growth remained stable, while inflation continued to decline. According to the World Bank, global GDP inched from…

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The focus of this edition is “Role of Alternative Dispute Resolution (ADR) Mechanisms in Leasing” Download your copy today and and stay updated on the latest industry trends and insights…

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The Nigerian leasing industry continues to thrive in the face of challenges, including a background of global economic uncertainties, geopolitical tensions, the aftermath of the COVID-19 pandemic, and increasing domestic macroeconomic vulnerability. In 2024, the industry recorded a growth of 23.2 %, with outstanding leases of N5.16 trillion as against N4.19 trillion in 2023, while new leases peaked at N973.3 billion. Leasing volume contribution to the Nigerian economy over the last decade is estimated at N24.6 trillion. For full…

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  The Equipment Leasing Registration Authority (ELRA) portal is open for registration of lessors. Take this opportunity as this further creates visibility for your organisation as recognised lessor and in furtherance of gaining the benefits provided by the Equipment Leasing Act 2015. Kindly click here to register. ABOUT ELRA The Equipment Leasing Registration Authority (ELRA) is a public private partnership arrangement, set up by the Equipment Leasing Act 2015, to enhance its developmental objective. The functions of the Authority include:…

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