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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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TAJBank Emerges Nigeria’s Biggest Non-Interest Bank

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Cyril Ogar


After five years of operations in Nigeria’s rapidly evolving non-interest banking (NIB) space, TAJBank Limited has become the biggest player in the NIB subsector based on its total assets and gross earnings values.


Disclosing this during his paper presentation on the key performance indices in the non-interest banking space over the past few years at a seminar organized by Leaders Corporate Services with the theme “Roles of Non-Interest Banks In SMEs’ Financing” for SME entrepreneurs yesterday in Abuja, an investment expert, Mr. Olabode Akeredolu-Ale, maintained that based on the non-interest banks’ approved financial statements for the half year 2025, TAJBank currently remained the biggest in terms of its total assets.

The expert, a chartered stockbroker, specifically confirmed that his recent investment researches on the NIBs and their financial performances showed that TAJBank, with its total assets rising to N1.017 trillion in half year 2025 up from N953.098 billion as of December 2024, which is about N53 billion higher than the nearest NIB’s assets, now ranked top in the banking subsector.

According to him, TAJBank’s gross earnings for H1 2025 also surged to N53.752 billion from N32.86 billion as of December 2024, representing a 64% growth, and higher than the nearest NIB’s gross earnings in the period under review. 

This is even as he disclosed that on the NIBs’ earnings per share during the half year, TAJBank reported N61.36 kobo earnings per share, about 92% higher than the earnings per share of the next NIB during the period. 

Akeredolu-Ale, who is also a chartered accountant, clarified: “The figures I am reeling out here on the NIBs are sourced from the banking and capital market regulatory institutions’ platforms, which anyone can access to verify. 

“I am part of this event because of my research interest in non-interest banking and how the players in the subsector in Nigeria can help to leverage their competencies in innovation and ethical banking to support our MSMEs.

“Today, the MSMEs cannot access DMBs’ loans due to high lending rates and other inclement macroeconomic factors. This is where I think the NIBs have become very crucial to Nigeria’s economic growth.

 “Overall, my findings on the NIBs indicated that they are all trying their best with non-interest loans to support entrepreneurs, particularly the MSMEs owners. I have advised those of them at this seminar to explore the cost-friendly financing options of the NIBs to grow their businesses by opening accounts with the NIBs”, the expert added.  

Another speaker at the event, Benjamin Chukwudi, also commended the NIBs for their “catalytic roles in helping SMEs to access interest-free loans and providing them the needed financial management advisory, which have been helping them in sustaining their operations in the face of rising cost of doing business in the country.” 

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