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Adept Lessor sets sight on expansion with equipment leasing push

Adept Lessor, a top leasing and financing firm, plans to expand its operations across Nigeria and Africa as part of its long-term growth strategy, reaffirming its commitment to equipment leasing.

The company, which currently operates in Lagos, opened its new office in Magodo, on Saturday, and it is keen to take a bigger share of Nigeria’s growing leasing and financial market, said Tayo Adekoya, founder and CEO of Adept Lessor Limited.

Adekoya, who spoke at the company’s office opening and 10th anniversary celebration recently in Lagos, noted that Adept Lessor’s decade journey was a collective achievement made possible by the determination, commitment and hard work of its workforce.

“We are young people who are determined that we are going to make something good out of our lives,” he said. “We run a credit business, and we say to ourselves, one of our mantras is, we’d rather die than fail in our obligations to our clients,” he noted.

“The things that brought us this far are truthfulness, determination, loyalty, hard work, and commitment. We always ensure we meet our obligations to our financiers,” he added.

According to him, Adept Lessor’s evolution from a small financial leasing firm to a top player in the industry reflects deliberate planning, integrity, and trust – values he said have defined the brand’s legacy.

“With a decade of profound experience, we have watched the country’s leasing industry evolve, and we have evolved with it through our commitment to change the narrative and provide leasing support for businesses and individuals,” he said.

He noted that the firm plans to expand its operations across the country and continent, saying that the business has benchmarked itself against the best in the industry.

Speaking on some of the hurdles that confronted the business and how his organisation was able to address them, he explained that Nigerians have a culture of often wanting to take loans without repaying. “A lot of people want to get your funds and disappear,” he said.

He noted that the organisation is addressing the issue through due diligence on potential clients, noting that the federal government is also helping to address the issue with the National Identification Number (NIN).

He predicted a stable growth for the country’s leasing industry in 2026, saying that with sustained naira stability and reforms momentum, the industry will see significant growth as business confidence continues to rise.

The lively celebration brought together employees and well wishers and featured awards for outstanding staffs. Four staffs were awarded to commemorate the event.