TAJBank posts N31.5 profit before tax, approves higher dividend

TAJBank Limited, one of Nigeria’s non-interest banks, recorded a 74 per cent to N31.562 billion year-on-year increase in profit before tax (PBT) in the 2025 financial year from N18.160 billion recorded in FY2024, as the lender continued to strengthen its position in the ethical banking sector.
The bank’s audited 2025 financial statements showed that total assets rose to N1.34 trillion from N953 billion in 2024.
Total equity also increased significantly to N149.23 billion, representing a 144 per cent growth from N61.25 billion recorded in the previous year.
In recognition of the bank’s performance, its Board approved a dividend of 20 kobo per share for shareholders at its 2026 virtua...