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LEASE VOLUME HITS N1.68TRN IN 2018

LEASE VOLUME HITS N1.68TRN IN 2018 The Nigerian leasing industry maintained its impressive growth at 16.3 percent in 2018. Outstanding lease volume stood at N1.68trillion as against N1.44trillion in 2017. This growth was significantly facilitated by new entrants into the leasing industry, increased awareness on the ideals of leasing as a unique financing instrument,…

CHAIRMAN SPEECH AT FLEET MANAGEMENT CONFERENCE

    Directors of ELAN Distinguished Guest Speakers Distinguished Participants Gentlemen of the Press Ladies and Gentlemen   I am very delighted to welcome you on behalf of the Equipment Leasing Association of Nigeria (ELAN), to the 5th Transport Logistics & Fleet Management Conference with the theme “THE ROLE OF FLEET MANAGEMENT IN ENHANCING…

ELAN Visits Toyota Nigeria Limited

The Equipment Leasing Association of Nigeria (ELAN) recently paid a courtesy visit to Toyota Nigeria Limited on the 15th of March 2019. The visit is part of the Association’s strategic focus to foster closer relationship with members and other stakeholders to enhance the value proposition of the Association to the leasing industry and Nigerian…

IFRS 9 Financial Instruments

 The International Financial Reporting Standards (IFRS) 9 on Financial Instruments came into effect on 1st January 2018. The standard includes requirements for recognition and measurement, impairment, derecognition and general hedge accounting. IFRS 9 establishes a new approach for loans and receivables, including trade receivables – an “expected loss” model that focuses on the risk that a…

COMMUNIQUE ISSUED AT THE 16TH NATIONAL LEASE CONFERENCE 2018

COMMUNIQUE ISSUED AT THE 16TH NATIONAL LEASE CONFERENCE ORGANISED BY THE EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN), HELD ON THURSDAY, 15TH NOVEMBER 2018 AT MITROS RESIDENCES HOTEL, IBARA – ABEOKUTA, OGUN STATE   1.0       BACKGROUND In furtherance of its objective of promoting the ideals of leasing in Nigeria and its advocacy drive, the…

CHAIRMAN’S SPEECH AT THE 16TH NATIONAL LEASE CONFERENCE 2018

  WELCOME ADDRESS BY MR OLUTOYIN OKEOWO, CHAIRMAN, BOARD OF DIRECTORS, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) AT THE 16TH ANNUAL NATIONAL LEASE CONFERENCE HELD ON THURSDAY, 15TH NOVEMBER 2018 AT MITROS RESIDENCES HOTEL, IBARA, ABEOKUTA, OGUN STATE   The Special Guest of Honour/Chief Host, His Excellency Senator Ibikunle Amosun CON, FCA, the Executive…

COMMUNIQUE ISSUED AT EXECUTIVE BUSINESS FORUM

  COMMUNIQUE ISSUED AT THE EXECUTIVE BUSINESS FORUM “UNDERSTANDING AND PREPARING FOR IFRS 16” ORGANISED BY THE EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) HELD ON TUESDAY, 31ST JULY, 2018 AT LCCI CONFERENCE & EXHIBITION CENTRE, ALAUSA, IKEJA – LAGOS   BACKGROUND In furtherance of its objective of promoting the business of leasing in Nigeria…

CHAIRMAN’S SPEECH AT EXECUTIVE BUSINESS FORUM

  WELCOME ADDRESS BY MR OLUTOYIN OKEOWO, CHAIRMAN, BOARD OF DIRECTORS, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN) AT THE EXECUTIVE BUSINESS FORUM “UNDERSTANDING AND PREPARING FOR IFRS 16” HELD ON TUESDAY, 31ST JULY, 2018 AT LCCI CONFERENCE AND EXHIBITION CENTRE, ALAUSA, IKEJA – LAGOS.   Distinguished Guest Speakers and Panelists, Respected Members of Board…

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ELAN ELECTS NEW BOARD OF DIRECTORS

  The Equipment Leasing Association of Nigeria (ELAN) recently held its 23rd Annual General Meeting (AGM) in Lagos. Major highlights of the meeting include the presentation of the 2017 Annual report and accounts, providing an overview of the key activities and initiatives conducted by the Association in 2017 and the election of a new…