Shareholders of C&I Leasing Plc. have urged the company to protect the interest of minority shareholders in the conversion of the $10 million loan to equity for Neoma Africa Fund (formerly Aureos African Fund).

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Rights issues may be particularly more useful for all publicly traded companies, compared with other more dilutive financing options.

C&I Leasing Plc has announced that the huge investments across its three business segments; fleet management, marine logistics support, Outsourcing are currently reflecting on its bottom-line as the firm posted a Profit After Tax (PAT) of N866.9 million in its half-year operations, representing a growth of 27 per cent.

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 Plc has concluded the buyout of 27.5% minority stake in C&I Petrotech Marine Ltd- a Joint Venture company with six vessels presently deployed to a long-term contract with Shell Petroleum Development Company of Nigeria (SPDC).

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.

C&I Leasing Plc has assured shareholders that it would continue to explore new business opportunities, especially in the marine, fleet, and outsourcing to boost its revenue base and increase shareholders’ value.    Addressing shareholders during the company’s 27th yearly general meeting in Lagos, at the weekend, the Managing Director, Andrew Otike-Odibi, said the company recorded…

C&I Leasing Plc has announced its audited results for the financial year ended December 31, 2017, with a Profit after Tax of N1.1 billion, against N920.9 million achieved in the corresponding period in 2016. Specifically, the firm’s performance for the 2017 financial year showed that PAT increased to N1.1 billion, representing 21 per cent growth…

C&I Leasing Plc has sealed an agreement with the officials of Damen Shipyard and Export Credit Agency for the Netherlands, Atradius DSB. Chief Financial Officer, C&I Leasing Plc, Alex Mbakogu....

C&I Leasing Plc has launched a new 60 metres 80-ton bollard pull AHTS vessel named MV Bello 2015 to buoy its shipping fleet to 21 vessels.

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.