C&I Leasing eyes big market share with electric vehicles

Oct. 1, 2024 - Businessday

C&I Leasing Plc is opening up new investment opportunities with its initiatives embarked upon by the management to boost performance and revenue. According to Ugoji, the company has also commenced research into CNG vehicles in Nigeria to enhance efficiency and business operations.

He pointed out that these initiatives would reduce the average cost of operating a vehicle and open up new investment opportunities for the company. Based on this, increased production would require increased use of vessel and marine services which we provide.

He added that the group also recorded a Profit After Tax (PAT) of N273 million compared to N577 million achieved in 2022...