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ELAN Equipment Leasing Association of Nigeria

Over the years, ELAN has been engaging relevant stakeholders, especially Government, to ensure a favourable operating environment for the practice of leasing business in Nigeria. One of the positive outcomes is the enactment of the Equipment Leasing Act 2015. Essentially, ELAN

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Lessors IFRS 16.63(d), 68 A lessor uses the interest rate implicit in the lease for the purposes of lease classifiion and to measure the net investment in a finance lease. IFRS 16.A The interest rate ''implicit'' in the lease is the discount rate at which: – the sum of the present value of (i) the lease payments and (ii) the unguaranteed

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Welcome to western quarry limited Western Quarry Limited is one of the biggest crushing and grinding industry in Ogun State. Nigeria. Since the establishment, Western Quarry Limited has regarded "All is for clients" as its service goal and has provided highquality, hightaste, highefficient and allaroundway service for its clients.

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modern or upgraded equipment (Day, 2000). If lessors have a diversified portfolio, then the cost of obsolescence can be borne more cheaply, reflected in the cost of rental payments. Lessors may be in a better position to acquire standardized assets, which they supply to numerous lessees, through bulk purchase (Thomson, 2005 and Day, 2000).

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Equipment Leasing Association of Nigeria Ltd/GTE (ELAN) is a Business Membership Organisation (BMO), established in 1983, primarily to promote the business of leasing in Nigeria. Membership of the Association consists of banks, finance houses, independent leasing companies, insurance companies, equipment vendors as well as professional firms and individuals.

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Quarry Business in Nigeria: How to Get Started

Think of the number of road and building projects carried out in Nigeria yearly and you may begin to have an idea of how lucrative quarry business can be in Nigeria. Quarries are where granites, gravel and stones used in construction are produced.

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LEASE AGREEMENT 1 Nigerian Law Guru

LEASE AGREEMENT THIS LEASE AGREEMENT (hereinafter referred to as the "Agreement") Lessor leases to Lessee and Lessee leases from Lessor the above described Premises together with any and all appurtenances thereto, for a term of _(10)_ year(s), such equipment, or in the .

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