Category: Latest News

                In pursuit of its primary objective of  promoting the business of leasing in Nigeria, ELAN held executive business forum on 30th January. The forum with the theme: 2025 Economic Outlook and Impact Analysis for the Leasing Industry, considered the key influencers for 2025 and how members can develop sustainable strategies to wade through the challenges and tap into opportunities they present, to sustain and grow their businesses. The lead presentation was made…

Read More

                In 2025, the Nigerian economy is predicted to remain underwhelming though it is expected to witness stability without major distortions as in the previous 18 months. The impacting macroeconomic and industry-specific variables will shape the performance of the leasing industry. While the challenges are obvious and not likely to significantly abate in the next 12 months, one thing that is certain is that the leasing industry will maintain its sustained resilience amid…

Read More

        (L – R): Olubusola Ojo (Mrs), Registrar, LMDC; Ifeyinwa Chibuogwu (Mrs), Lead, Business Development and Corporate Services ELAN; Ehigiamusoe Elizabeth Ngozi (Mrs), Chairman Board of Directors ELAN; Achere Cole (Mrs), Executive Director, LMDC; Andrew Emonuwa, Executive Secretary ELAN and Olayemi Eniolawun (Mrs), Head, Research/Publications ELAN during the visit to Lagos Multi-Door Court House (LMDC) on Tuesday, 17th December,  2024, to explore alternative dispute resolution (ADR) mechanisms, and collaborate with the organisation, to enhance the speedy…

Read More

    (L – R): Com. Mohammad Sani, Director of Contact & Mobilisation NANNS; Com. Amina Tahir, Director of Gender; Com. Ibrahim Adamu, President; Andrew Emonuwa, Executive Secretary ELAN; Ifeyinwa Chibuogwu, Lead, Business Development & Corporate Services ELAN and Com. Nathaniel John, Secretary NANNS As part of activities to engage stakeholders, the National Association of Northern Nigeria Students (NANNS) visited ELAN Secretariat to acquaint the Association with its activities and seek areas of collaborations. The team was welcomed by…

Read More

          This programme acquaint participants with the nuances of the present legal framework, to enhance compliance and protect themselves in the lease transactions, using standard documentation in line with the ELA. Participants are expected at the end of the programme, to have a thorough understanding of the Act, no matter the level of expertise, various compliance issues and update on critical lease documents for a safer transaction. OUTLINES * Overview and implications of the Equipment…

Read More

                    WELCOME ADDRESS BY EHIGIAMUSOE ELIZABETH NGOZI (MRS), CHAIRMAN, BOARD OF DIRECTORS, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) AT THE 22ND NATIONAL LEASE CONFERENCE HELD ON THURSDAY, 14TH NOVEMBER 2024 AT RADISSON  BLU HOTEL, IKEJA LAGOS.     The Registrar/CEO, Equipment Leasing Registration Authority Distinguished Special Guests Esteemed Guest Speakers and Panellists Directors and Members of ELAN Gentlemen of the Press Ladies and Gentlemen,     On behalf of the…

Read More

                (3rd from right): Olusegun Alebiosu, MD/CEO First Bank of Nigeria, flanked on his right by ELAN Directors, Nnamdi Nwankwo, Adenike Ibirogba (Mrs) Andrew Emonuwa, Executive Secretary ELAN; Christian Chigbundu (Director) Olayemi Eniolawun, Head Research and Publications; Nnaemeka C. Ejeh, Group Executive Commercial Banking South (2nd from right) and Ifeyinwa Chibuogwu, Lead, Business Development and Corporate Services ELAN, during the visit to First Bank of Nigeria Ltd on Friday, 8th November 2024,…

Read More

Read More

                (L – R): Andrew Emonuwa, Executive Secretary ELAN; Stewart Pirnie, Finance Consultant; Hadija Kamayo, Senior Finance Specialist, World Bank; Ebehiriere Ehi-Omoike (Mrs), Director ELAN/Managing Director/CEO Lecon Finance Company Limited; Ifeyinwa Chibuogwu, Lead, Business Development/Corporate Services ELAN; Ibrahim Ahmed, EFI Support, World Bank during their visit to ELAN on Thursday 24th October  2024, to discuss the role of leasing in the Bank’s access to finance initiative, especially to MSMEs.

Read More

                    This edition focuses on the vital role equipment leasing plays in promoting entrepreneurship in Nigeria, which is crucial for job creation, economic growth, and youth empowerment. However, numerous challenges especially to Small and Medium Scale Enterprises (MSMEs) have continued to limit their effective contribution to the nation’s development, over the years, which include insufficient business knowledge, limited access to funding, poor infrastructure, multiple taxation, inconsistent government policies, access to…

Read More