Category: Latest News

                      The Nigerian leasing industry continued to sustain its growth trajectory, notwithstanding the prevailing headwinds in the economy. Outstanding leases stood at N4.19 trillion as against N3.25 trillion in 2022, representing a 28.7 percent increase, while new leases peaked at N935.6 billion against N672 billion in 2022, recording a remarkable 39.2 percent growth. Leasing contribution to the economy over the last decade is estimated at N20.4 trillion. For full…

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                                1.0 About ELAN The Equipment Leasing Association of Nigeria (ELAN) is a Business membership Organisation (BMO) established in 1983, primarily to promote the business of leasing. Membership of the Association consists Banks, Finance Houses, Independent Leasing Companies, Vendors, Insurance Companies, Professional Firm and Individuals. 2.0. Why the Industrial Attachment/Internship programme The programme is designed to build the capacity of undergraduates on equipment leasing….

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Kindly click the link below to download our latest edition of the Leasing Focus Journal, which provides succint information on trends and development on the leasing industry. Magazine – ELAN (elannigeria.org)

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The Nigerian leasing industry is expected to remain resilient, in the face of the perennial economic challenges and making significant contributions to capital formation in the economy. Kindly click on the link below to download details:

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As part of its objective of promoting the ideals of leasing in Nigeria, the Equipment Leasing Association of Nigeria (ELAN) ….. Kindly click on the link below to download full details:

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The Chairman and Members of the Equipment Leasing Registration Authority Distinguished Special Guests Esteemed Guest Speakers and Panellists Directors and Members of ELAN Gentlemen of the Press Ladies and Gentlemen,   It gives me great pleasure to extend to you all a very warm welcome, on behalf of the Equipment Leasing Association of Nigeria, to the 21st Annual National Lease Conference organised by ELAN. I am especially honoured to welcome our Special Guests, esteemed Guest Speakers/Panellists and other dignitaries….

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We are pleased to introduce to you our newly published book – *EQUIPMENT LEASING AND PRACTICE IN NIGERIA*. This book contains an in-depth analysis of the concepts of Leasing and their effective linkage with its practice, thereby making it a complete guide and reference material for practitioners and those intending to participate in the lucrative leasing industry. This book contains an in-depth analysis of the concepts of leasing and their effective linkage with its practice, thereby making it a…

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As part of efforts to enhance its value proposition to stakeholders, ELAN recently paid courtesy visit to Globus Bank Limited. 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. We shall continue to engage stakeholders for the growth of the industry.

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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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