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Car, refrigerators, others up for grabs at T Pumpy customer raffle

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T Pumpy Concept Limited, one of Nigeria’s foremost real estate development firms, has announced an exciting customer million naira reward initiative as part of its continued commitment to rewarding loyalty and supporting national development.

The initiative, tagged the Customer Reward Appreciation Package, is designed to recognize and appreciate customers who have remained committed to the T Pumpy brand over the years.

Speaking to journalists in Abuja on Monday, the Managing Director and Chief Executive Officer, Mr. Akintayo Adaralegbe, disclosed that the reward program is specifically targeted at customers who subscribed to any T Pumpy property between 2015 and 2023.

According to him, the gesture is not only a form of appreciation but also a reinforcement of the company’s commitment to delivering value beyond land and housing.

He said, “As part of our Customer Reward Appreciation Package, we are giving out million naira worth of gifts to thank our loyal subscribers for believing in our vision and staying with us through the years.

“Some of the prizes to be given away include a brand-new car, refrigerators, televisions, air conditioners, tricycles (Keke Napep), standing fans, and a host of other valuable household items.

“The giveaway will be conducted through a transparent raffle draw scheduled for June 5, 2025, at the company’s T Pumpy Phase 3 Estate in Lugbe, Abuja.

“To participate in the raffle draw, eligible customers are required to collect a Customer Reward Form from the company’s head office, fill it out, and obtain a unique raffle code. Only customers who purchased land or property from T Pumpy between 2015 and 2023 are qualified. The registration for the raffle closes on May 28, 2025, and all entries must be submitted before that date.

Mr. Adaralegbe noted that “This initiative is a reflection of T Pumpy’s longstanding tradition of putting its customers first.

“Beyond the giveaway, the real value the company has delivered over the years lies in its ability to offer genuine, government-approved land at affordable prices with flexible payment plans.

“This approach has made it easier for many Nigerians to become landowners, many of whom never imagined they could achieve such a milestone.

“For several years, T Pumpy Concept Limited has been offering Nigerians the opportunity to own land and homes without financial strain. The company’s customer-centric model is built around flexible payment structures tailored to accommodate various income levels, thereby opening the doors of property ownership to both salaried workers and self-employed individuals.

“This model has set T Pumpy apart in Nigeria’s competitive real estate market, establishing the company as a trusted brand that genuinely understands the needs of its clients.

“We are playing a critical role in bridging this gap by not only making land affordable but also by investing in estate development that supports long-term housing solutions.”

He noted that the company’s mission is anchored on the belief that every Nigerian deserves a place to call home.

The Managing Director continued, “T Pumpy Concept’s real estate footprint extends across multiple Nigerian cities, including Abuja, Ilorin in Kwara State, Ibadan and Abeokuta in Oyo State, and other developing locations across the country.

“Each estate is strategically located and developed with infrastructure plans that promote accessibility, security, and long-term value appreciation. The properties are suitable for residential, commercial, and investment purposes, offering a wide range of opportunities for individuals and families looking to build or invest.

“In addition to addressing the housing crisis, the company’s operations have contributed significantly to job creation across various sectors. From engineers and builders to surveyors, artisans, and local suppliers, T Pumpy’s projects have provided employment and economic empowerment to hundreds of Nigerians.”

Real estate, Adaralegbe explained, is more than just buildings and land—it is a powerful tool for social and economic transformation.

He further explained that T Pumpy Concept Limited has, over the years, remained committed to creating value not just through real estate but also through community engagement and social impact.

The Managing Director of T Pumpy continued, ” The Million-Naira worth reward is only one of many initiatives that reflect the company’s core values of gratitude, inclusion, and development. The company has also carried out corporate social responsibility activities in areas such as education, medical out reach, youth empowerment, and community infrastructure.

“The upcoming raffle draw event is expected to generate excitement among thousands of customers nationwide. It is not just about the prizes but also about reinforcing the bond between the company and its customer base.

“We assure that the process will be conducted in a fair and transparent manner, with winners drawn openly and gifts presented during a special ceremony at the Lugbe estate.

“As preparations continue, eligible customers are encouraged to collect their forms early and secure their raffle codes ahead of the May 28 deadline. The event on June 5 promises to be memorable, as it celebrates not only customer loyalty but also the shared journey towards affordable homeownership in Nigeria.”

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NEXIM Bank Secures Bbb+ Rating from Agusto & Co., Declares ₦30.47 Billion Operating Profit

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By Joel Ajayi

The Nigerian Export-Import Bank (NEXIM) has been assigned a Bbb+ rating by leading credit rating agency Agusto & Co. Limited, affirming its satisfactory financial condition and strong capacity to meet obligations relative to other development finance institutions (DFIs) in Nigeria.

For the year ended 2024, NEXIM Bank reported an operating profit of ₦30.47 billion, more than double the ₦13.75 billion recorded in the previous year. This remarkable growth underscores the Bank’s financial resilience and operational efficiency.

Established to promote Nigeria’s non-oil exports and support import-substituting businesses, NEXIM is fully owned by the Federal Government of Nigeria through equal shareholding by the Central Bank of Nigeria (CBN) and the Ministry of Finance Incorporated (MOFI).

The Bank has sustained strong liquidity and capital adequacy ratios, alongside notable growth in its loan book and equity investments. Key sectors supported include manufacturing, agriculture, solid minerals, and services.

According to Managing Director, Mr. Abba Bello, NEXIM has intensified its intervention in the non-oil export sector, disbursing over ₦495 billion and facilitating the creation and sustenance of more than 36,000 direct and indirect jobs.

Among the Bank’s key initiatives are:The Regional Sealink Project: A public-private partnership designed to improve maritime logistics across West and Central Africa. Promotion of Factoring Services: Offering alternative export financing solutions for SMEs. And Joint Project Preparation Fund (JPPF): Implemented in partnership with Afreximbank to enhance the bankability of export projects.

Additionally, NEXIM is developing tailored financing schemes for the mining sector, including Contract Mining, Equipment Leasing, and Buyers’ Credit/ECA Financing, aimed at unlocking export potential and boosting foreign exchange earnings.

With its renewed drive, NEXIM Bank remains committed to building local processing capacity, advancing Nigeria’s competitiveness in global trade, and strengthening non-oil export revenues by moving up the commodity value chain.

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