TAJBank Reports 74% Profit Surge, Declares Dividend

TAJBank Limited announced a significant 74% increase in its Profit Before Tax (PBT), reaching N31.562 billion for the fiscal year 2025, up from N18.166 billion in FY2024. The bank's total assets also rose to N1.34 trillion from N953 billion, while total equity increased to N149.230 billion, marking a 144% growth from the previous year's N61.250 billion.

During the 2026 Annual General Meeting (AGM), the Board approved a dividend of 20 kobo per share, one of the highest in Nigeria's banking sector, to reward shareholders for their commitment. Board Chairman Alhaji Tanko Gwamna emphasized the importance of shareholder contributions to the bank's growth.

Managing Director/CEO Mr. Hamid Joda attributed the bank's improved financial performance to prudent management practices, assuring shareholders of the security and sustainability of their investments. Executive Director Mr. Sheriff Idi reiterated the bank's commitment to prioritizing shareholders and customers.

TAJBank is recognized as the largest player in Nigeria's non-interest banking sector based on its financial statements.