ELAN ADVOCATES LEASING FOR RE-INFLATING THE ECONOMIY IN COVID-19
As part of efforts to entrench the value proposition of leasing to national economy, Equipment Leasing Association of Nigeria (ELAN) is organising the 18th National Lease Conference. The conference is the biggest gathering of stakeholders in the…
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ELAN’S WORKING VISIT TO FEDERAL MINISTRY OF MINES AND STEEL DEVELOPMENT
Arc. Olamilekan Adegbite, Hon. Minister for Mines and Steel Development (2nd from Right) flanked by Dr. Olutoyin Okeowo, Chairman ELAN and Hajia Fatima Shinkafi, Executive Director, Solid Minerals Development Fund (SMDF) with Andrew Emonuwa, Executive Secretary ELAN during a working visit to the Ministry of Mines and Steel Development…
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CHAIRMAN STATEMENT AT 25TH AGM
Distinguished Members, I am pleased to welcome you to the 25th Annual General Meeting of our Association and present to you the Financial Statements and Reports for the year ended 31st December 2019. Macroeconomic Environment The global Gross Domestic Product (GDP) growth fell to 2.6% in 2019- its lowest…
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NIGERIAN LEASING INDUSTRY MAINTAINS GROWTH AT 13.5 PER CENT IN 2019
For the tenth time in a row, the Nigerian Leasing Industry buoyed its growth and continued to remain a major contributor to national economic development, while demonstrating its innovation and flexibility in the face of economic turbulence. The leasing industry recorded a remarkable growth of 13.5 percent in 2019,…
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COMMUNIQUE ISSUED AT THE VIRTUAL FORUM “THE NIGERIAN LEASING INDUSTRY IN THE NEW NORMAL” ORGANISED BY THE ELAN HELD ON FRIDAY, 29TH MAY, 2020.
COMMUNIQUE ISSUED AT THE VIRTUAL FORUM “THE NIGERIAN LEASING INDUSTRY IN THE NEW NORMAL” ORGANISED BY THE EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) HELD ON FRIDAY, 29TH MAY, 2020. 1.0 BACKGROUND The Equipment Leasing Association of Nigeria (ELAN) organised a virtual forum with the theme “The Nigerian Leasing Industry…
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COVID 19 – NAVIGATING THE TERRAIN
The devastating effect on lives and global economy by Covid 19 is no longer news. Global economies are now in a similar state as their public health services – on emergency. While cure is being sought for the scourge, countries across the world including Nigeria are putting palliatives in…
Read MoreWE ARE WITH YOU!!!
At this trying time in our history, our thoughts and prayers are with you, your family and friends. It is a difficult time for business and all aspects of our lives. We are however confident that this shall pass soon as we encourage us to stay safe. We look…
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OPERATING LEASE: MITIGATING RISK AND OPTIMISING PROFITS
OPERATING LEASE: MITIGATING RISK AND OPTIMISING PROFIT We are pleased to invite you to an exclusive Operating Lease Course in Nigeria. This programme is designed to expose you to latest techniques in operating lease pricing and packaging that will significantly enhance your yield in operating lease transactions. It will…
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HOW TO USE EQUIPMENT LEASING TO GROW YOUR BUSINESSES
Leasing is the creative financing alternative of today because it meets diverse needs. A lease is an agreement whereby the lessor (owner of equipment) convey to the lessee (user of equipment) the right to use the asset for an agreed period of time, in return for a payment or…
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27 C’S OF LEASE CREDIT FOR ASSESSING LESSEE RISK
In any venture, the question of risk cannot be overlooked in the sense that the investor is taking the chance that the investment might not eventually yield the desired return or the actual cash flow might fall below expectation. Hence, in every investment particularly leasing, risk must be…
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