Jaiz Bank has announced the successful completion of a N10.04 billion private placement on the Nigerian Exchange Group (NGX), following regulatory approvals from the Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and NGX. The bank said…
Jaiz Bank is set to increase its capital base to N70 billion by the end of 2024. This was as the bank restated its commitment to become the centre of Islamic banking in Africa. This disclosure was made by the…
Jaiz Bank Plc grew its profit before tax by 67 percent to N11.1bn in 2023. The bank disclosed this in a statement on Monday as it filed its 2023 audited results on the Nigeria Exchange Limited portal. Jaiz Bank is…
The Board of Jaiz Bank Plc, Nigeria’s pioneer Non-Interest Bank has approved the appointment of Ahmed Alhaji Hassan as the Ag. Managing Director and Chief Executive Officer (MD/CEO) of the Bank. This development followed the exit of Dr. Salisu Sirajo,…
Jaiz Bank Plc, Nigeria’s pioneer non-interest (Islamic) bank, had announced in a statement released, N6.88 billion as Profit After Tax in the period ended December 31, 2022. According to the statement issued on Friday in Abuja, the bank reported that…
Nigeria’s premier and non-interest bank, Jaiz Bank Plc, has recorded its significant income growth and profitability growth in 2022, with the bank’s After-Tax Profit rising by 69 per cent to N6.9 billion, the highest in the past five years. Meanwhile,…
By Philemon Adedeji Jaiz Bank, a quoted public company on the Nigerian Exchange Limited (NGX), known as a bank Operating under Islamic banking principles and is a non-interest bank. Jaiz Bank Plc has reported its unaudited results for the period…
Jaiz Bank Plc said it is targeting to achieve N9.780 billion in gross earnings for the first quarter of 2023. The non-interest bank made the projection in its Q1 2023 earning forecast obtained from the Nigerian Exchange Limited (NGX). The…
By Ibiyemi Mathew Remita, eTranzact, Jaiz Bank were among winners that bragged an award at the Financial Inclusion Awards Dinner held in Abuja last week. This was part of the 2022 International Financial Inclusion Conference organised by the Financial Inclusion…
By Idris Bakare Jaiz Bank, Nigeria’s premier Islamic bank has offered to finance equipment-upgrade projects of media organisations in the country. The new Managing Director (MD), Mr. Sirajo Salisu, told journalists in Abuja, that the bank was prepared to also…
