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    MarketForces Africa » MarketForces News » TAJBank’s PBT Rises by 74%, Assets Grew to N1.34 trn in 2025

    TAJBank’s PBT Rises by 74%, Assets Grew to N1.34 trn in 2025

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 17, 2026 News No Comments3 Mins Read
    TAJBank’s PBT Rises by 74%, Assets Grew to N1.34 trn in 2025
    Ahmed Joda, TajBAnk Chief
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    TAJBank’s PBT Rises by 74%, Assets Grew to N1.34 trn in 2025

    TAJBank Limited, a non-interest bank (NIB) has grown its Profit Before Tax (PBT), surging year-on-year by 74 per cent to N31.562 billion for the 2025 financial year (FY).

    The figure grew from N18.166 billion recorded in the 2024 FY, the bank’s 2025 audited financial statement says.

    A statement by the bank’s Managing Director/CEO, Mr Hamid Joda, said in Abuja on Monday that its total assets also grew to N1.34 trillion from N953 billion in the preceding year. Joda said the bank’s non-interest lenders’ total equity grew to N149 billion.

    According to him, this reflects 144 per cent growth over the N61.250 billion recorded in 2024, among other positive Key Performance Indicators (KPIs) of its operations during the year.

    Joda described the improving financial performance of the bank as a clear demonstration of the management’s adoption of the Prudential Financial approach in their operations. He said the approach was already helping to grow investor confidence in the bank.

    “I am using this opportunity to thank the shareholders and to assure them that their funds are secured and will continue to yield sustainable good returns every year,” he said.

    Joda expressed the determination of the bank to reward the shareholders for their commitment to the sustainable growth of the bank as Nigeria’s largest ethical bank by assets.

    He said that the bank’s board, at its 2026 virtual Annual General Meeting (AGM), approved a 20 kobo dividend per share for the investors.

    He described the 20 kobo dividend as one of the highest per-share ratios in the country’s banking industry.

    The statement quoted the bank’s Chairman, Alhaji Tanko Gwamna, as saying that the decision for the dividend payment was taken during the AGM.

    “The Board rewarded the shareholders for their contributions to the growth of TAJBank as we have been doing over the years,” Gwamna said.

    The bank’s Executive Director, Mr Sheriff Idi, appreciated the shareholders for the confidence reposed in the management, saying that the bank will also prioritise their interests in its operations.

    TAJBank Limited was recently rated by the regulatory authorities as the biggest player in the NIB subsector.

    This is based on its approved financial statements for the half-year 2025, in terms of total assets and gross earnings values.

    The bank has obtained three International Standards Organisation (ISO) certifications from Certification Partner Global (CPG).

    They are ISO 27001, ISO 22301, and ISO 20000 for Information Security, Business Continuity, and International Technology (IT) Service Management Systems. #TAJBank’s PBT Rises by 74%, Assets Grew to N1.34 trn in 2025# TAJBank Claims Nigeria’s Biggest Islamic Bank by Assets, Profit

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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