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THE NIGERIAN LEASING INDUSTRY IN THE POST COVID 19 ECONOMY

  Background   Indeed, the global pandemic has not only claimed over 5.8 million lives globally as at 15th of February 2022, but also with associated unprecedented economic crisis. The lock down of over two – third of the world economy stretched the global economy to near total collapse, to the extent that many businesses were pushed into liquidation and countries into forced recession, leaving lasting scars through lower investments, erosion of human capital occasioned by job losses, as…

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MASTERING EQUIPMENT LEASING PRINCIPLES AND PRACTICE, 30th Aug. – 2nd Sep. 2022

We are pleased to invite you to a 4 – day enhanced training programme on MASTERING EQUIPMENT LEASING PRINCIPLES AND PRACTICE   The programme is designed to enhance professional development of lease practitioners in consonance with international best practices – equipping participants with contemporary information that will facilitate improved knowledge and skills for result oriented leasing practice in today’s environment. Participants will be endowed with a comprehensive lease education in major aspects of leasing practice that engender quality business…

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THE NIGERIAN LEASING INDUSTRY RECORDS 1.6% GROWTH IN ‘Q1 2022

The Nigerian Leasing Industry recorded 1.6% growth in Q1 2022. Available statistics show that outstanding lease volume as at Q1 2022 stood at N2.629trillion as against N2.587trillion in Q4 2021. The oil and gas sector grew by 22% with N748bn of the outstanding leases; followed by Transportation & Logistics sector which grew by 21% recording N622bn; Manufacturing 12% – N380bn; Telecoms taking 11% of the total volume arriving at N237bn. Others (including Healthcare and Education accounted for N300bn (14%),…

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CHAIRMAN’S WELCOME ADDRESS AT THE FLEET MANAGEMENT CONFERENCE, 27TH – 29TH APRIL 2022.

  WELCOME ADDRESS BY DR. OLUTOYIN OKEOWO, CHAIRMAN, BOARD OF DIRECTORS, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN), AT THE  6TH FLEET MANAGEMENT CONFERENCE HELD ON WEDNESDAY,  27th APRIL 2022, AT LCCI TRAINING CENTER, CENTRAL BUSINESS DISTRICT, IKEJA LAGOS     Esteemed Guest Speaker and Panelists Distinguished Guests Directors of ELAN Distinguished Participants Ladies and Gentlemen,   It gives me great pleasure to welcome you, on behalf of the Equipment Leasing Association of Nigeria (ELAN), to the 6th Fleet Management Conference organised…

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THE NIGERIAN LEASING INDUSTRY: MORE THAN A DECADE OF GROWTH AND RESILIENCE

For over a decade, Nigerian Leasing Industry has consecutively and consistently recorded growth in business transactions. The industry has further displayed its resilience and ability to support economic investment and development, either in times of boom or challenges. After recording a sharp decline in growth from 14.5% in 2019 to 4.3% in 2020, (the year of high prevalence of the covid 19 pandemic), the industry recovered with a 28.65% growth in 2021.  

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CHAIRMAN’S DINNER/AWARD NIGHT – 8th September, 2022

The Equipment Leasing Association of Nigeria Ltd/Gte (ELAN), is pleased to inform you about our Chairman’s Dinner/Award Night. The programme is intended to appreciate and celebrate the laudable supports of stakeholders and contributions to the development of the leasing industry and the economy. The awardees and expected guests cut across the public and private sectors, including lease practitioners, high net worth professionals, organisations and entrepreneurs from the business community, Government and development partners.   ELAN’s enviable stride over the…

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HOW TO BE A SUCCESSFUL MENTOR IN THE LEASING INDUSTRY.

  In order to be a successful mentor in the leasing industry, you must have a clear understanding of the leasing process and be able to communicate this process to others. You must also be able to provide valuable leasing advice and be willing to help others in their leasing endeavours.   The leasing process can be complex, and there are a few things to consider when leasing a property. As a mentor, it is important that you can…

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