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The Growth of Leasing in Nigeria: 1985-2005

Okafor, Chinwuba A. (2007) The Growth of Leasing in Nigeria: 1985-2005. Banking and Finance Review, Department of Banking and Finance.

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Abstract

The Nigerian economy is currently beset with multi-faceted socio-political-economic problems. Globalization, deregulation, and the instability of macroeconomic policies have adverse effects on business organizations. Fiscal and monetary policies put in place to nurse the economy back to health have tended to squeeze and curtail credit expansion. In the light of this, this paper examines the growth of leasing in Nigeria. The findings of the paper indicate that leasing has grown immensely during the period under review. Consequently, the paper recommends a strategic legislative action to put the Equipment Leasing Association of Nigeria (ELAN) and other participants in the leasing business on a stronger ground to enhance performance.

Item Type: Article
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Mr Solomon Bayoko
Date Deposited: 20 Oct 2014 12:08
Last Modified: 20 Oct 2014 12:08
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/2847

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