Federal Government urged to channel multilateral funds into leasing
Government has been urged to ensure that multilateral funds from some development agencies are channelled into the leasing sector to serve as a backup for investment in the industry.
C&I Leasing posts N1.2 billion profit in nine months
C&I Leasing Group has achieved gross earnings of N19.9 billion in its unaudited result for the nine months ended September 30, 2018, or 15.7 per cent rise against N17.2 billion recorded in the corresponding period of 2017. Also, the Group posted profit after tax of 1.2 billion representing 25 per cent increase over N950…
C and I Leasing lists ₦7b fixed rate bond on FMDQ platform
The listing, according to the firm, would enable it to finance key activities that ultimately translate to the growth of the company, create liquidity for the instrument as well as improve the price discovery process for subsequent issues by the company.
C&I Leasing adds two new vessels to marine fleet
Following its successful bond issuance, C &I Leasing Plc, has announced the acquisition and addition of two brand new 2018 ‘ASD 2913 Tugboats’ named ‘MV Chidiebube’ and ‘MV Folashade’ to its growing vessel fleet.
C & I Leasing’s N7b bond to drive expansion, debt refinancing
C&I Leasing Plc has announced that N7 billion Series I bond which opened on Monday May 21, 2018 recorded 133 per cent over subscription.
BoI to sustain intervention for local content development
The Bank of Industry (BOI) has stated that it would sustain its intervention programmes to aid local content development in key sectors of the economy as part of measures to boost job creation and economic growth.
C&I Leasing posts N580m half-year profit
Specifically, the firms unaudited 2017 half-year performance showed 298.9 per cent rise in profit, from N145.4 million to N580 million while profit before tax also stood at N614.9 over N176.7 million achieved during the same period in 2016.