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Tag: Jaiz Bank

Former GTB director appointed Jaiz Bank MD
Banking

Former GTB director appointed Jaiz Bank MD

A former Executive Director of Guaranty Trust Bank, Haruna Musa, has been named Managing Director/Chief Executive Officer of Jaiz Bank Plc. The Punch revealed that his appointment was announced in a corporate notice filed with the Nigerian Exchange Limited. The notification stated that Musa’s appointment will go into effect on Tuesday after the Central Bank of Nigeria’s permission […]

Jaiz Bank demands listing of N5.4bn shares on NGX
Banking

Jaiz Bank demands listing of N5.4bn shares on NGX

Jaiz Bank Plc has submitted a request to Nigerian Exchange Limited for the approval and listing of a rights issue of 5.4 billion ordinary shares of N0.50 each at N1.00 per share. According to Nairametrics, this was stated in the NGX weekly report. Trading License Holders were informed, according the statement, that Jaiz Bank Plc. […]

Jaiz Bank demands listing of N5.4bn shares on NGX
Banking

Jaiz Bank names Alhaji Ibrahim Indimi as Non-Executive Director

The Board of Directors of Jaiz Bank Plc has announced the appointment of Alhaji Ibrahim Indimi as Non-Executive Director. The Times reported that a formal declaration from the bank bearing Mohammed Shehu’s signature and forwarded to Nigeria Exchange Limited made this admission. The Central Bank of Nigeria, a significant regulatory authority, has given its approval for […]

Jaiz Bank demands listing of N5.4bn shares on NGX
Banking

Jaiz Bank reorganizes board, management

As part of the implementation of its new strategy and in conformity with two recent circulars from the Central Bank of Nigeria, Jaiz Bank has reorganized its board and management. According to a statement made by the bank, the first circular caused two non-executive directors—former Board of Directors Chairman Umaru Mutallab and Falalu Bello—to resign […]

Jaiz Bank demands listing of N5.4bn shares on NGX
Banking

Jaiz Bank names Ahmed Hassan acting MD/CEO

By Wilson Adekumola   The Board of Jaiz Bank Plc, Nigeria’s pioneer non-interest bank, has appointed Alhaji Ahmed Hassan as the acting Managing Director and Chief Executive Officer of the Bank.   This was contained in a statement from the bank on Wednesday made available to journalists, noting that the development followed the exit of […]

Jaiz Bank demands listing of N5.4bn shares on NGX
Banking

Jaiz Bank records 69% annual profit, N33bn revenue

Jaiz Bank reported a 68.5 percent increase in net profit for 2022 as revenue surpasses N33 billion in its audited financial report on Friday. According to Premium Times, an increase in its main income streams significantly aided the operation of the non-interest bank with headquarters in Abuja. The bank reported an increase in revenue of […]