Milestones
The Key Milestones in the history of Aquila can be summarized as follows:
2004
Incorporated Aquila Capital Limited
2005
Obtained all licenses and commenced business
2006
Ernst and Young closed the 1 FY end with audited Balance Sheet of NGN 773 million
2007
AfricInvest became a shareholder, acquiring 23% stake in the Company Board restructuring with AfricInvest as a nominee
2008
Aquila Leasing incorporated and approved by the CBN as a subsidiary of Aquila Capital
2009
FMO approves a US$ 10 million loan facility for SME finance
Separation of business activities between Aquila Capital and Aquila Leasing
2010
BIO approves a US$ 5 million loan facility for SME finance
Commenced operating lease business; Diamond Bank is first client
2011
OikoCredit approves a US$ 2 million loan facility for SMEs and Cooperative financing
2013
Capitalization of the company; poised for further growth and expansion responsibility and Symbiotic each approve US$ 5 million
2014
Received offers from BIO and Oiko Credit for repeat funding arrangements of
US$5million and US$3million respectively
2015
Additional disbursements from Symbiotic and responsibility in the sums of $1.5million and $2.2million respectively
2017
Aquila Leasing Ltd signs a N3 billion contract with NBC for the supply of 105 Thirty- ton Sino trucks for haulage operations
2018
Aquila Leasing Limited deploys 120 vehicles for operations in Huawei
2019
Deployment of another 86 Thirty-Ton Sino trucks and 13 staff buses to NBC valued at N2.38 billion and N600m respectively
2020
Deployment of another 40 Thirty-Ton SINO trucks to NBC valued at N1.6 billion
Signing of contract with MTN on the deployment of 596 vehicles valued at about N10 billion
