C & I Leasing Signs N4bn Fleet Management Deal

C & I Leasing Plc has just signed a major fleet management transaction valued at about N4 billion a development that will secure its status as Nigeria’s largest leasing and mobility solutions firm and lead to improved performance and higher returns to shareholders.

This follows other high-profile transactions with major Nigerian entities and multinationals in the telecommunications and energy sectors—a testament to expanding market confidence in its ability to perform and leverage its innovations.

These developments were received warmly by the capital market this week with its  share price  closing  the market at  N7.26, 32 per cent  per cent  higher than its previous week closing price of N5.47. This stock is up by 92.6 per cent year-to-date after having started the year at N3.77. C&I shares have risen by more than   44 per cent  in the last four weeks and it is the 22nd best performer on Nigerian Exchange Limited.

These outcomes demonstrate a healthy trend and exhibit continued company focus on value creation, operating excellence and strategic growth.

C&I Leasing Plc is led by its Board Chairman, Dr. Samuel Maduka Onyishi, and Group Managing Director, Mr. Ugoji Lenin Ugoji—under whose leadership the company continues to chart a path of innovation, resilience and sustainable growth.

As the company’s annual general meeting (AGM) draws near, stakeholders do believe that better times are ahead, and a clear growth target is on course that will lead to  further  rise in the shares of this company before the year runs out.