- CEO
- Ugoji Lenin Ugoji
- Full Time Employees
- 517
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Lagos Nigeria
- IPO Date
- Nov 4, 1998
- Business
- C&I Leasing PLC is a diversified business support and asset leasing conglomerate headquartered in Lagos, Nigeria, providing integrated fleet management, marine logistics, personnel outsourcing, and equipment rental solutions across sub-Saharan Africa. Founded in 1990 and publicly listed on the Nigerian Exchange under the ticker CILEASING, the company operates through three principal business divisions: Fleet Management, Marine Services, and Outsourcing Solutions.
The company's core products and service offerings include operating and finance leases for passenger vehicles, commercial trucks, and industrial equipment; comprehensive fleet management solutions, encompassing scheduled maintenance, insurance administration, vehicle recovery, fuel monitoring, and professional chauffeur management; car rental and premium chauffeur-drive services through its Hertz Rent-A-Car franchise in Nigeria; vehicle tracking and telematics services under the Citrak brand, delivering real-time GPS tracking, driver behavior monitoring, and automated fleet analytics; marine offshore support services for upstream oil and gas exploration and production companies, providing crew boats, anchor handling tug supply vessels, line handling tugs, security patrol boats, supply vessels, and accommodation barges in the Gulf of Guinea; human resource outsourcing and business process outsourcing, including workforce recruitment, talent placement, payroll processing, medical personnel management, and specialized corporate training; and logistics support and equipment leasing for heavy industrial, agricultural, and construction operations.
C&I Leasing PLC delivers services to multinational oil and gas corporations, financial institutions, telecommunications providers, fast-moving consumer goods manufacturers, and logistics enterprises. The company maintains extensive operational presence across Nigeria, with major facilities in Lagos, Port Harcourt, Abuja, Benin City, and Enugu, and conducts regional and international operations through key subsidiaries, including Leasafric Ghana PLC in Ghana and Epic International FZE in the United Arab Emirates.
In recent developments, C&I Leasing PLC has executed strategic capital-raising initiatives through commercial paper issuances and bond restructuring programs to optimize its debt portfolio and fund operational expansion. To address rising fuel costs and advance corporate sustainability goals, the company has initiated fleet conversion programs transitioning commercial and passenger vehicles to Compressed Natural Gas (CNG). Additionally, C&I Leasing PLC has expanded its offshore vessel charter capacity in response to renewed deepwater energy projects, enhanced its digital retail car rental and fleet booking platforms, and upgraded its telematics infrastructure with advanced IoT-based fleet diagnostic capabilities.