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TAJBank’s PBT Surges By 74%, Pays Higher Dividends

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Cyril Ogar

TAJBank Limited, Nigeria’s most innovative-driven and largest non-interest bank (NIB) by assets, has sustained its frontline position in the nation’s ethical banking space with its Profit Before Tax (PBT) surging year-on-year by74% to N31.562 billion in FY2025, from N18.166 billion recorded in FY2024.

The latest data from the bank’s audited FY2025 financial statements reflected that its total assets grew to N1.34 trillion from N953 billion in the preceding year, while the non-interest lender’s total equity grew to N149.230 billion, reflecting 144% growth over the N61.250 billion recorded in the preceding year among other positive Key Performance Indicators (KPIs) of its operations during the year.

To reward the shareholders for their commitment to the sustainable growth of the bank as Nigeria’s largest ethical bank by assets, the Board at the bank’s just concluded virtual 2026 Annual General Meeting (AGM) approved 20 kobo dividend per share for the investors, one of the highest dividends per share ratio in the nation’s banking industry.

Commenting on the Board’s decision on the dividend payment during a brief chat with journalists on decisions taken during the AGM, the Board Chairman, Alhaji Tanko Gwamna, said: “The Board rewarded the shareholders for their contributions to the growth of TAJBank as we have been doing over the years.”

In his remarks, the bank’s Managing Director/CEO, Mr. Hamid Joda, described the improving financial performance of TAJBank “as a clear demonstration of the management’s adoption of prudential financial approach in our operations and this is already helping to grow investor confidence in the bank.

“I am using this opportunity to thank the shareholders and to assure them that come rain or shine, their funds are secured and will continue to yield sustainable good returns to them on a yearly basis.”

Also, the bank’s Executive Director, Mr. Sheriff Idi, enthused: “We greatly value our shareholders and customers because their interest is why we are in business and we will always prioritize them in our operations.”

After five years of operations in Nigeria’s rapidly evolving non-interest banking (NIB) space, TAJBank Limited was recently rated by the regulatory authorities as the biggest player in the NIB subsector based on its approved financial statements for the half year 2025, in terms of total assets and gross earnings values.

It would be recalled that TAJBank had in 2021, 2022 and 2023 won the BusinessDay’s awards and before then, bagged the Leadership Newspapers’ 2020 ‘Bank Of The Year’ award.

In recognition of the non-interest lender’s strict compliance with global best practices, particularly in information security standards in its operations, TAJBank had between year 2022 and 2023 bagged the Payment Card Industry Data Security Standard (PCI DSS) certification, and three International Standards Organisation (ISO) certifications by the Certification Partner Global (CPG), namely ISO 27001, ISO 22301, and ISO 20000 on Information Security, Business Continuity, and IT Service Management Systems

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HOW FATE AND TRAVAIL BROUGHT CHRISTIAN EDOSA AGHEDO TO IRELAND

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“A Survivor’s Story of Banditry, Family Tragedy, Displacement and the Search for Safety”

The growing insecurity in Nigeria, particularly the increasing incidents of banditry, armed attacks and killings across different parts of the country, has continued to devastate communities, displace innocent citizens and leave countless families homeless. These persistent attacks have created an atmosphere of fear, uncertainty and insecurity among ordinary Nigerians, particularly those living in vulnerable rural communities.

The activities of armed bandits have left painful and lasting scars on the lives of many innocent people. Families have been destroyed, communities have been deserted, and individuals have been forced to abandon their ancestral homes in search of safety. In many cases, victims have suffered killings, abductions, destruction of property and threats to their lives.

One of the families profoundly affected by this violence was the Aghedo family of Jattu, Auchi, in Edo State, Nigeria.

In a conversation with his cousin, Osaze Unuigbe, who narrated his ordeal, Christian Edosa Aghedo recounted the tragic circumstances that forced him to flee his homeland and eventually seek protection in the Republic of Ireland.

THE TRAGIC ATTACK THAT DESTROYED HIS FAMILY

For Christian Edosa Aghedo, 9 June 2026 remains a date permanently etched in his memory. On that day, armed bandits reportedly attacked his community in Jattu, Auchi, Edo State, unleashing violence that changed his life forever.

During the attack, his father, mother and two other relatives were brutally killed. Christian, who was hiding nearby, witnessed the horrifying events and saw his parents being murdered.

The experience left him devastated, traumatised and emotionally shattered. He described the incident as one of the most painful experiences anyone could endure, explaining that witnessing the brutal deaths of his parents has continued to haunt him.

Speaking about the tragedy, Christian said that the memories of that dreadful day remain fresh in his mind. The loss of his entire immediate family and the circumstances surrounding their deaths have left him living with profound emotional pain, constant fear and insecurity.

FEAR AND THE WARNING THAT FORCED HIM TO FLEE

On 10 June 2026, the day after the attack, Christian reportedly approached a nearby police station to report the incident and seek assistance.

Although the police indicated that they would pursue the perpetrators, Christian’s fear increased when an officer allegedly warned him privately to leave the area and run for his life because the attackers might return to eliminate him.

The warning left him frightened and confused. Having already witnessed the brutal murder of his parents and relatives, he became increasingly convinced that remaining in the community would expose him to further danger.

With no immediate family members left to protect or support him, Christian was confronted with the difficult reality of abandoning the home where he had been born and raised.

In the aftermath of the tragedy, he made arrangements to dispose of his deceased parents’ properties to raise money for his departure from Nigeria.

TWO WEEKS IN AN INTERNALLY DISPLACED PERSONS’ CAMP

On 12 June 2026, Christian relocated to an Internally Displaced Persons (IDP) camp in Auchi, Edo State, where he remained for approximately two weeks.

However, finding temporary shelter did not immediately restore his sense of safety. He continued to experience shock, fear and emotional distress, constantly worrying that the bandits could return and attack again.

His stay at the camp was marked by uncertainty and painful memories of the incident that had destroyed his family.

Eventually, after making the necessary arrangements to leave Nigeria, Christian received his visa on 5 July 2026. Five days later, on 10 July 2026, he departed Nigeria for the United Kingdom through Ethiopian Airlines, arriving at Manchester Airport.

A NEW COUNTRY, BUT NO FAMILY OR SUPPORT SYSTEM

Christian arrived in the United Kingdom without relatives, friends or an established support network. Although he had escaped the immediate danger he feared in Nigeria, he found himself facing another difficult chapter of his life.

He had lost his parents and other close relatives, abandoned his ancestral home and left behind the childhood memories associated with the community where he had grown up.

With no stable accommodation or immediate support, his circumstances became increasingly difficult. At different points, he relied on churches and mosques for temporary shelter, sometimes sleeping in their premises because he had nowhere else to go.

Despite the hardships, he remained determined to survive and rebuild his life.

ANOTHER DISTRESSING EXPERIENCE IN THE UNITED KINGDOM

On 16 August 2026, Christian experienced another distressing incident while sleeping in a place where he had been seeking temporary shelter.

According to his account, a group of young men attacked him and stole his international passport and wristwatch.

The incident left him helpless and deeply distressed. While he was crying and struggling to come to terms with what had happened, a woman approached him and asked about his situation.

Christian explained his circumstances as best he could, recounting the tragic loss of his family in Nigeria, his displacement and the difficulties he had encountered since arriving in the United Kingdom.

Touched by his story, the woman and her husband took an interest in his welfare. They subsequently offered him assistance, including food, clothing and shelter.

Their intervention provided him with temporary relief at a time when he was particularly vulnerable and had very limited support.

THE JOURNEY TOWARDS SAFETY IN THE REPUBLIC OF IRELAND

On 20 September 2026, the woman’s husband informed Christian about the possibility of seeking international protection in the Republic of Ireland.

Following their discussions, Christian began considering the option of seeking protection in Ireland, hoping to find a safer environment where he could begin rebuilding his life after the devastating experiences he had endured.

By 28 September 2026, he had arrived in the Republic of Ireland, marking another significant chapter in his search for safety and stability.

THE PAIN OF A SURVIVOR AND THE FEAR OF RETURN

Despite being physically away from the community where the tragedy occurred, Christian maintains that the emotional consequences of the attack have continued to affect him.

The brutal deaths of his father, mother and two other relatives remain painful memories that he struggles to overcome. Having witnessed his parents being murdered, he continues to fear that returning to Nigeria could expose him to the same armed bandits who destroyed his family.

He maintains that the insecurity and threats that forced him to abandon his home have not been resolved from his perspective. He fears that the perpetrators could attack again and that he could become their next victim.

For Christian Edosa Aghedo, leaving Nigeria was never simply a decision to seek a better life abroad. It was a desperate response to the loss of his family, the fear of further attacks and the urgent need to preserve his own life.

His story is one of profound personal tragedy, displacement and survival. From witnessing the destruction of his family in Jattu, Auchi, to enduring homelessness and insecurity in the United Kingdom, his experiences have shaped a painful journey that ultimately brought him to the Republic of Ireland in search of protection and a chance to live without fear.

For a man who lost almost everything in one tragic day, the greatest hope is simply to find a place where he can feel safe, recover from his trauma and rebuild his life.

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