C&I Leasing Plc reported a remarkable 81.6% year-on-year increase in Group gross earnings, reaching N18.2 billion as of 30 June, 2024, compared to N10 billion recorded during the same period in 2023.
How Ukraine’s Superhuman Centre is helping war heroes walk againNigeria at 64: Still in search for a saviour, By Ayo AkereleCabinet revision: Realism versus expectations, By Dakuku PetersideHow Ukraine’s Superhuman Centre is helping war heroes walk againNigeria at 64: Still in search for a saviour, By Ayo AkereleCabinet revision: Realism versus expectations, By Dakuku PetersideC&I Leasing Plc reported a remarkable 81.6% year-on-year increase in Group gross earnings, reaching N18.
He attributed the robust growth to cost optimisation, diversification efforts, and the adoption of advanced technologies, which have propelled profitability and added shareholder value. “We are committed to ensuring sustained growth by leveraging market opportunities,” Mr Nnake emphasised. In reviewing the company’s performance over recent years, Mr Nnake noted a steady upward trajectory. Gross earnings increased by 25%, rising from N17.94 billion in 2022 to N22.
Lenin Ugoji, the group managing director , elaborated on the company’s three decades of leadership in the Nigerian leasing industry, noting that strategic business planning and leadership transitions have fortified its position amidst market challenges. “Our commitment to excellence and business sustainability has enabled us to contribute significantly to the Nigerian economy,” Mr Ugoji stated.
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