Connect with us

latest

“Nigeria’s Leasing Sector Gets Boost As ELAN Pushes Mandatory Lease Registration”.

Published

on

According to Nivo News, the Equipment Leasing Association of Nigeria (ELAN) has called on lessors and leasing companies to ensure that all lease agreements are duly registered with the Equipment Leasing Registration Authority (ELRA) as part of efforts to strengthen the nation’s economy.....KINDLY READ THE FULL STORY HERE▶

Speaking during a capacity-building programme themed “Equipment Leasing: From Principle to Practice”, ELAN’s Executive Secretary, Andrew Emonuwa, emphasized that leasing remains a crucial financing option for businesses, particularly in key sectors such as agriculture, construction, transportation, healthcare and manufacturing. He noted that proper registration of lease agreements would boost transparency, provide credible industry data, bolster investor confidence, and aid government in policy formulation that supports the growth of the sector.

Emonuwa stressed that beyond fulfilling regulatory obligations, the registration of leases contributes to building a stronger financial ecosystem. He explained that compliance would drive capital formation, generate employment, and improve access to vital equipment for small and medium enterprises (SMEs), which play a pivotal role in Nigeria’s economic development.

He commended ELRA’s efforts in enhancing regulation, compliance, and stakeholder engagement, saying such measures are positioning the leasing industry for greater contribution to economic diversification.

In his remarks, Chief Executive Officer of ELRA, Donald Wokoma, welcomed the collaboration with ELAN, describing it as a win-win for all stakeholders. He maintained that the partnership would strengthen regulatory oversight, encourage industry cooperation, and establish leasing as a key driver of sustainable growth.

Wokoma reaffirmed ELRA’s commitment under the Federal Ministry of Finance to foster transparency, innovation and accountability in the sector, while ensuring an enabling environment that maximizes the leasing industry’s contribution to national development. He added that the training programme was designed to equip staff with the knowledge and tools required to implement policies effectively, strengthen collaboration, and promote best practices across the industry.


Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

latest

THE ULTIMATE PRAISE: Mourinho Drops Jaw-Dropping ‘Incredible’ Verdict After Mbappé’s Epic Hat-Trick!.

Published

on

Real Madrid manager José Mourinho lauded Kylian Mbappé as “incredible” following the French forward’s hat-trick performance in a victory against Real Sociedad. In post-match remarks to Real Madrid’s official website, Mourinho characterized the 27-year-old’s performance level as “stratospheric” and highlighted his strong drive to cement his legacy at the Santiago Bernabéu. Describing Mbappé’s multifaceted impact, the coach emphasized that the player does not merely wait for service in front of goal; rather, he drops deep to generate chances, links up effectively with teammates—such as executing a one-two with Jude Bellingham—and contributes heavily to the team’s overall build-up play, complementing a collective team effort that Mourinho noted is crucial even when coaching elite talent.....KINDLY READ THE FULL STORY HERE▶

Continue Reading

entertainment

THE ULTIMATE SHOCKWAVE: Okoya’s Son Drops Bombshell And Quits Music Forever!.

Published

on

Nigerian Afrobeats artist Raheem Okoya—son of renowned industrialist Rasaq Okoya—announced on Wednesday via Instagram that he is stepping away from professional music release. What initially started as a casual hobby and bonding activity with friends evolved into a professional career featuring major performances and recognition from childhood idols. However, over the past year, balancing music with his other obligations became increasingly difficult. Stating that he could no longer provide the craft with the required patience and dedication, he chose to make a professional exit.....KINDLY READ THE FULL STORY HERE▶

While the “Siraheem music” era is wrapping up—just months after the May 1, 2026 release of his eight-track debut project, By The Order Of The City—Raheem noted that he plans to channel his creativity into new ventures. He added that music remains therapeutic for him, leaving open the possibility that his unreleased album might eventually see the light of day. Since beginning his professional music journey around 2022, he built an audience through tracks like Bad Bitch Syndrome, Kowope, SOWETO, and TRU$T FUND.

Continue Reading

latest

THE ULTIMATE SHOCKWAVE: Tinubu Orders Massive NFF Overhaul In High-Stakes Directives!

Published

on

President Bola Ahmed Tinubu has mandated a thorough restructuring of Nigerian football, citing ongoing struggles and failure to qualify for major international tournaments. In a Thursday statement issued through Special Adviser on Information and Strategy Bayo Onanuga, the President emphasized that despite advancements in other sports following the re-establishment of the National Sports Commission (NSC), football continues to suffer from deep-seated structural deficits in governance, administration, and accountability.....KINDLY READ THE FULL STORY HERE▶

To execute this overhaul, Tinubu instructed NSC Chairman Shehu Dikko to collaborate with the Nigeria Football Federation (NFF) secretariat on a wide-ranging consultative process, while stressing the necessity of coordinating with FIFA and CAF to avert any penalties related to government interference. This presidential directive closely follows the resignations of NFF President Ibrahim Gusau and General Secretary Muhammad Sanusi.

Continue Reading

Trending