She holds Barrister at Law (BL) and Bachelor of Laws degrees from the Nigerian Law School the University of Benin, Benin City respectively. She also holds an Associate Degree in Secretariat Science from the Miami-Dade Comm. College, USA and a certificate in General Management from the Administrative Staff College of Nigeria (ASCON).
Elizabeth Eguasa serves as a Principal Partner in E.N. Eguasa and Co. and has also served as Chairperson, Board of Directors of Micro Investment Support Services Limited. She was a Director in three government establishments in Edo State, Nigeria.