TAJBank, Nigeria’s fastest-growing non-interest lender, has reported an 84% increase in total assets to ₦953.10 billion for its 2024 financial year, as it continues to expand its footprint in the country’s banking sector.
The bank also announced a 20 kobo per share dividend—its third in five years—highlighting a consistent focus on shareholder value since its establishment in 2019.
The bank’s gross earnings rose to ₦75.5 billion, an 80% increase from ₦43.2 billion in 2023. Profit before tax climbed 61% to ₦18.2 billion, compared to ₦11.3 billion a year earlier. TAJBank’s deposit base also showed significant growth, rising by 89% from ₦369.33 billion to ₦696.34 billion.
