Firm assures stakeholders of asset, technology optimisation

C&I Leasing has assured the optimisation of existing assets and deployment of robust technology to enhance profitability and ensure sustainable growth.

According to the Managing Director of the company, Ugoji Lenin Ugoji, although the company is not immune to the economic headwinds, the management will continue to seek ways to optimise performance and increase shareholders’ value through dividend payout.

Speaking at the ‘Fact Behind the Figures’ of the company at the Nigerian Exchange Limited (NGX), he said: “Though, liquidation also went up because of new assets acquisition across all our operating segments. We expect that our performance will continue to grow in the direction that we have already achieved in the first six months of the year.”

Ugoji also described the high cost of asset acquisition as a very big challenge in the industry. He said, however, that the company would continue to enhance its operations while it utilises existing assets.

According to him, the company will continue to enhance operations, improve infrastructure and optimise various assets while leveraging internship programme to grow talents and stay ahead of trends.

Chief Executive Officer of NGX Limited, Jude Chiemeka, said the Exchange, backed by the application of cutting-edge technology and robust market infrastructure has successfully supported N5.7 trillion in capital raising across multiple asset classes year-to-date.

Chiemeka said that the Exchange is a comprehensive multi-asset platform offering a wide range of products such as equities, bonds and exchange-traded funds (ETFs), derivatives.

“Our strong secondary market ensures seamless liquidity, facilitating trading of over a billion dollars of securities year-to-date. As part of our ongoing commitment to enhancing market accessibility, we recently introduced the NGX Digital Investment Platform (NGX Invest). The platform simplifies primary market issuances and capital-raising activities, making investments more accessible, particularly for younger Nigerians,” he said.

He added that NGX was focused on supporting infrastructure financing through specialised instruments like infrastructure bonds and infrastructure funds.

“To drive market growth, we are actively reviewing our listing rules to lower barriers to entry and attract more companies. This initiative aligns with our broader strategy to enhance market participation and liquidity and ensure compliance with international standards.

“By streamlining the listing process, we aim to provide companies of all sizes with easier access to capital and achieve greater global visibility,” he said.