C & I Leasing PLC (NSE:CILEASING), a finance company licensed by the Central Bank of Nigeria, was incorporated on 28th December, 1990 as a private limited liability company to provide both operating and finance leases and other ancillary services. It is the only quoted leasing company on the Nigeria Stock Exchange.
The principal activities of the Company are the extension of structured Operating and Finance Leases to the productive and other sectors of the economy. The activities of C&I are co-ordinated from its corporate Head Office located at No. 2, C&I Leasing Drive, Off Bisola Durosinmi Etti drive, off Admiralty Way, Lekki Phase 1, Lagos, Nigeria. The company also has operational branches located in the oil producing centers of Port Harcourt, Warri, Abuja and Enugu. The Company has subsidiaries such as Citrans Global (operators of Red Cabs), C & I Motors (the franchise distributor of Suzuki vehicles in Nigeria), Suzuki Driving School and Leasafric.
The company is a key player in the oil service industry where it provides leases and ancillary services to both local affiliates of international companies such as Cadbury, Heineken, Shell, Chevron, ExxonMobil, ENI-Agip, and MTN
Centurion Registrars has provided registry services to C & I Leasing Plc since 1998,We handled their Public offer and Rights issue of 60 million units at N1.20 per share in 1998 &1999 a public offer of 2 million units at N1.10 per share in 2006 and a N2.2billion unsecured variable coupon redeemable convertible loan stock placement.