Jaiz Bank records 109% profit surge, declares 7kobo dividend

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…Appoints Indimi, Kolawole to strengthen board


Jaiz Bank Plc, Nigeria’s pioneer non-interest bank, has announced a remarkable 108.99 percent growth in its profit after tax (PAT), reaching N23.48 billion for the full year ended December 31, 2024; more than double the N11.05 billion reported in 2023.


The bank’s audited results, released in a statement on Saturday, reflect robust performance across financial indicators, with gross earnings soaring by 86.5 percent to N82.87 billion, up from N44.4 billion in the previous year.

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