EQUITY CONTRIBUTION AND PURCHASE OPTION
Equity contribution and purchase options are common features in lease transactions, In case of equity contribution the intention mainly, is to get the commitment of the lessee while for purchase option is to achieve the true intention in finance lease of the lessee becoming owner of the asset at…
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Secured Transaction, Collateral Registry and Leasing
Secured Transaction, Collateral Registry and Leasing In 2017, the Secured Transaction in Movable Assets Act was enacted to encourage the use of movable assets as collateral for a loan. This is part of Government’s efforts to enhance access to finance especially to SMEs and financial inclusion The Act applies…
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2020 OUTLOOK
2020: WEAK MOMENTUM, MORE CHALLENGES AS LEASING REMAINS RESILIENT The Global Economy According to the World Bank, Global Gross Domestic Product (GDP) growth fell to 2.6% in 2019 – 0.3 percentage point below previous projections – its lowest rate since the financial crisis, reflecting the broad-based weakness observed during…
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THANK YOU FOR YOUR STEADFAST SUPPORT
On behalf of the Board of Directors, Management and Staff of the Association, we express our profound appreciation to you for your continued support for the Association and growth of the leasing industry in 2019. Our relationship with you and your immense contributions to the development of the Nigerian…
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CHAIRMAN SPEECH AT THE 17TH NATIONAL LEASE CONFERENCE
WELCOME ADDRESS BY DR. OLUTOYIN OKEOWO, CHAIRMAN, BOARD OF DIRECTORS, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) AT THE 17TH ANNUAL NATIONAL LEASE CONFERENCE HELD ON THURSDAY, 21st NOVEMBER 2019 AT GOLDEN TULIP HOTEL, BENIN CITY, EDO STATE The Chief Host, His Excellency Godwin Obaseki, the Executive Governor of…
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17TH NATIONAL LEASE CONFERENCE – SPEAKERS PROFILE
KELVIN UWAIBI – SENIOR SPECIAL ASSISTANT TO THE EDO STATE GOVERNMENT ON INVESTMENT PROMOTION Kelvin Uwaibi currently heads the Edo State Investment Promotion Office (ESIPO), Edo State, Nigeria and seats on the National Committee on the “Zero Oil” plan agenda and State Representative at the Nigeria Investment Promotion…
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ELAN VISITS HERITAGE BANK LIMITED
(L-R): ANDREW EMONUWA, EXECUTIVE SECRETARY ELAN; ELIZABETH EHIGIAMUSOE (MRS), VICE CHAIRMAN ELAN; JUDE MONYE, EXECUTIVE DIRECTOR, HERITAGE BANK LIMITED AND AKINDE OBATUYI, ASSISTANT EXECUTIVE SECRETARY ELAN, DURING THE VISIT
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ELAN CHAIRMAN BAGS DOCTORATE DEGREE IN BUSINESS ADMINISTRATION
Dr. Olutoyin Okeowo ELAN Chairman, in a group picture with well wishers at the award ceremony of a Doctorate Degree in Business Administration to him by Ajayi Crowther University, Oyo State.
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ELAN VISITS FINANCIAL REPORTING COUNCIL OF NIGERIA (FRCN)
ELAN visits Financial Reporting Council of Nigeria (FRCN) as part of efforts to promote corporate governance in the leasing industry.
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ELAN VISITS CONSOLIDATED HALLMARK INSURANCE PLC
ELIZABETH EHIGIAMUSOE (4TH FROM LEFT), VICE CHAIRMAN, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) AND EDDIE EFEKOHA, MANAGING DIRECTOR/CEO CONSOLIDATED HALLMARK INSURANCE PLC IN A GROUP PHOTOGRAPH WITH OTHER MEMBERS OF THE ELAN AND CHI PLC TEAM DURING THE VISIT. The Equipment Leasing Association of Nigeria (ELAN) paid a…
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