Category: Latest News

Distinguished Members, I am pleased to welcome you to the 26th Annual General Meeting of our Association and present to you the Financial Statements and Reports for the year ended 31st December 2020. Global Economy The year 2020, was a wonder year like no other, the year of the “new normal” when new economy with unfamiliar characteristics was unveiled and economic discourse dominated by the impact of COVID-19 pandemic. Indeed, the pandemic has with alarming speed, delivered a global…

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These steps are vital in developing and selling your lease products: Developing a Marketing Strategy Do we want to be in the leasing business? What type of leasing entity does the lessor want to be? What are our target markets? What is the wants and needs of the market? What is our competitive advantage? What is required to develop competitive advantage? Product development Products tailored to market in which the lessors has a competitive advantage Targeted leasing products based…

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Leasing is the last resort for SMEs- ELAN boss

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The Nigerian Leasing industry continued to demonstrate its remarkable contribution to economic development in 2020. Though affected hugely by the covid 19 pandemic that caused serious health and economic disruptions, the industry remained resilient – recording a marginal growth of 4.3 percent.

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COMMUNIQUE ISSUED AT THE EXECUTIVE BUSINESS FORUM “2021 FEDERAL AND STATE GOVERNMENTS ECONOMIC AGENDA: IMPACT ANALYSIS AND OPPORTUNITY FOR LEASING” ORGANISED BY THE EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) HELD VIRTUALLY ON THURSDAY, 11TH FEBRUARY, 2021. BACKGROUND   In furtherance of its objectives of propagating the ideals of equipment leasing and to provide a platform for cross-pollination of ideas for the development of the leasing industry, the Equipment Leasing Association of Nigeria (ELAN) organised a virtual forum, intended to…

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WELCOME ADDRESS BY DR. OLUTOYIN OKEOWO, CHAIRMAN, BOARD OF DIRECTORS, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN), AT THE EXECUTIVE BUSINESS FORUM HELD VIRTUALLY ON THURSDAY, 11TH FEBRUARY, 2021.   Esteemed Guest Speaker and Panelists Directors and Members of ELAN Gentlemen of the Press Ladies and Gentlemen, I am delighted to welcome you on behalf of the Equipment Leasing Association of Nigeria, to our first Business Forum of the year. I am particularly honoured to welcome our highly esteemed Guest…

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  West Africa Business News, Monday, January 11, 2021 National Business, Monday January 11 – 17, 2021 The Equipment Leasing Association of Nigeria (ELAN) states that a major financing tool that can bring the economy out of the woods is equipment leasing. This was disclosed in the 2021 outlook released by the Association titled – “2021: A year of Cautious Optimism”. According to ELAN, “rebuilding the economy requires enormous capital and the growing cost of assets, hinders the capital…

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  2021 is here. It is year of great expectation, where everything is expected to turn around for good. Suddenly, it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured all economies, including Nigeria’s. Globally, people have moved all the 2020 expectations to 2021 but economic watchers believe that we are far from “Eldorado” particularly with the re-emergence of the…

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  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 consist Banks, Finance Houses, Independent Leasing Companies, Vendors, Insurance Companies, Professional Firm and Individuals  In furtherance of our objectives of spreading the essence of leasing in Nigeria, we are pleased to inform you of our “Career Development Programme in Leasing” for future leaders in the Nigerian Leasing Industry.  The programme is designed…

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  COMMUNIQUE ISSUED AT THE 18TH NATIONAL LEASE CONFERENCE ORGANISED BY THE EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN), HELD VIRTUALLY ON THURSDAY, 19TH NOVEMBER, 2020 1.0       BACKGROUND The 18th National Lease Conference “ADAPTING TO THE NEW WORLD ORDER IN COVID 19 ECONOMY: THE LEASING INITIATIVE, organised by the Equipment Leasing Association of Nigeria (ELAN), was held virtually on Thursday, 19th November 2020. The event was essentially aimed at promoting the ideals of leasing in Nigeria and cross fertilisation…

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