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TAJBank Bags A1 Credit Ratings From Agusto, Datapr

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TAJBank

TAJBank Bags A1 Credit Ratings From Agusto, Datapr

TAJBank bags A1 credit ratings from Agusto, Datapr. TAJBank Limited, one of Nigeria’s foremost non-interest banking services providers, has bagged an A1 ranking from the Agusto & Co and Datapro rating agencies.

TAJBank Limited, one of Nigeria’s foremost non-interest banking services providers, has bagged an A1 ranking from the Agusto & Co and Datapro rating agencies.

This is according to a statement by the bank’s CEO, Hamid Joda.

Mr Joda said that the ratings were in the credit risk and operational resilience assessment scorecards, making it among the best-rated in the nation’s non-interest banking (NIB) space.

He said that the latest ratings of TAJBank represented a notch up from BBB+, which Agusto & Co rated it about two years ago.

He said it was attributed to the bank’s high-quality balance sheet and robust earnings ratios in 2025.

“In spite of the prevailing economic whirlwinds in the country, TAJBank is noted to have leveraged its operational efficiency and customer-focused world-class services.

“The improved rating is a clear demonstration that TAJBank has been prioritising necessary risk management and operational controls.

“It has done that with a clear focus on quality processes relating to first-class standards, management, and administration lifecycle,” he said.

He said that the latest ratings by these reputable agencies had, again, validated the management’s commitment to world-class standardisation of the bank’s operations.

According to him, this is especially true in terms of innovative, real-time, tech-powered services and sustainable risk management for our growing customers.

“As we have consistently maintained, our primary goal is to deploy world-class operational standards and services to protect the interests of our customers. This is with a view to surpassing their expectations and retaining TAJBank at the leading edge of the NIB subsector on a sustainable basis.

TAJBank

TAJBank

“The message these latest best ratings are sending to our customers, investors and stakeholders is that with TAJBank, they can rest assured of the safety of their investments and transactions.

“They can also be assured of the readiness of the bank’s management to grow their businesses and support their individual socio-economic wellbeing,” Mr Joda said.

In his remarks on the ratings, the bank’s executive director, Sherif Idi, said that the A1 ratings had reaffirmed TAJBank’s management’s unwavering commitment to best practice standards.

According to Mr Idi, this is achieved through prioritising investment in human capital, innovative technologies, and branch network expansion.

“This is to consistently make our bank the preferred choice for customers in the NIB subsector of the banking sector,” he said.

Economy

ICYMI: NNPC Management Visits Dangote Refinery

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NNPC Management Visits Dangote Refinery

ICYMI: NNPC Management Visits Dangote Refinery

ICYMI: NNPC management visits Dangote refinery. The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, on Saturday, led our Senior Management Team on a strategic visit to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos. This high-level engagement featured key discussions and an extensive facility tour, reinforcing our renewed commitment to deepening partnership and collaboration.

These partnerships, anchored by President Bola Ahmed Tinubu’s visionary reforms, open vast opportunities for expanded cooperation in downstream and midstream activities, trading, shipping, and beyond, driving sustainable growth and delivering value to Nigerians.

NNPC Management Visits Dangote Refinery

NNPC Management Visits Dangote Refinery

With NNPC Ltd.’s strategic 7.25% stake in the refinery, we are proudly aligned in advancing domestic refining capacity, energy security, and industrial excellence for our nation.

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Economy

2026: Lagos Energy Week, Ogunleye Leads NNPC’s Push For Gas-Driven Growth

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Lagos Energy Week

2026: Lagos Energy Week, Ogunleye Leads NNPC’s Push For Gas-Driven Growth

2026: Lagos Energy Week, Ogunleye Leads NNPC’s push for gas-driven growth. Our Executive Vice President, Gas, Power & New Energy, Mr. Olalekan Ogunleye, headlined the just concluded 2026 Society of Petroleum Engineers (SPE)’s Lagos Energy Week, where he delivered a keynote address.

In his address, Ogunleye unveiled the strategic direction of the NNPC Gas Master Plan 2026, a blueprint aimed at accelerating gas development, expanding infrastructure, boosting domestic supply, and positioning Nigeria as a regional and global gas hub. He highlighted the key components of the plan, including scaling LPG supply from 1.5MTPA to 5MTPA, expanding feedstock for Mini‑LNG and CNG, and driving exponential growth in Gas‑Based Industries.

Lagos Energy Week

Lagos Energy Week

Ogunleye emphasized NNPC’s renewed commitment to translating Nigeria’s abundant gas resources into economic growth and improved quality of life for citizens, aligning with the Federal Government’s Decade of Gas and the Presidential target of achieving 10 BCF/D by 2027 and 12 BCF/D by 2030.

Industry leaders present, including executives from Chevron, Esso E&P, Midwestern, AGPC, and SNG, commended the plan and praised Mr. Ogunleye’s leadership in advancing implementation excellence across the nation’s gas sector.

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Economy

Enugu EFCC Trains Staff On Documentary Evidence, Admissibility

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EFCC

Enugu EFCC Trains Staff On Documentary Evidence, Admissibility

Enugu EFCC trains staff on documentary evidence, admissibility. As part of measures geared towards strengthening the quality of investigations and prosecution, as well as ensure that operatives of the Economic and Financial Crimes Commission, EFCC, continue to effectively manage complex financial crimes and secure convictions through rigorous, evidence-based investigations, the Commission has stepped up training of its staff on Documentary Evidence and Admissibility in Enugu.

The training, a weekly capacity building programme, initiated by the Executive Chairman of the EFCC, Ola Olukoyede, is aimed at examining how documentary evidence is created and articulated, starting from investigation, and how it is presented in court subject to the procedural conditions established under the law, particularly the Evidence Act.

Speaking on the topic, “Documentary Evidence and Admissibility”, Assistant Commander of the EFCC, ACE II Okoli Chidiebere Anosike of the Legal and Prosecution Department, Enugu Zonal Directorate, described a document, under Section 258 of the Evidence Act 2011 as any matter expressed or described upon by means of letters, figures, marks or by more than one of these means, intended for recording. This includes books, maps, photographs, discs, tapes, sound tracks, films and computer outputs.

According to Anosike, in every investigation, when a matter is brought before a court, there is a burden of proof that lies on the party bringing the case. “Whether you are an individual or an institution, you have the burden to establish the facts in issue. You do this primarily through oral testimony and documentary evidence”, he said.

While noting two main ways to prove a case which include oral testimony and documentary evidence, Anosike listed two categories of document, according to Sections 102 and 103 of the Evidence Act 2011, which include Public and Private Documents. He said that Public Documents are official acts of government emanating from official bodies and tribunals and records from public officers including legislature, judiciary and executive.

“Now, Private Documents are documents emanating from individuals, private companies or institutions not classified as public bodies. However, a private document can become a public document once it enters public custody. For instance, when a petition from a private individual is received, stamped and processed by a public institution, it becomes part of official records and assumes the character of a public document”, he said.

While discussing extrajudicial statements, the prosecutor said that an extrajudicial statement is one taken outside the presence of a judge or magistrate, during investigation. “Before taking such a statement, the suspect must be cautioned: ‘you have the right to remain silent, but anything you say may be taken down and used in evidence against you’ This ensures compliance with legal requirements and protects the voluntariness of the statement.

That is why you see that whenever we are taking statements of a suspect, we must ensure that there is video recording and the presence of the suspect’s lawyer. This reduces the disputes about voluntariness and prevents trial within trial”, he said.

EFCC

EFCC

He thereafter listed conditions for admissibility of documents which he said must be pleaded in civil cases; must be relevant to the facts in issue; must be admissible under the law and proper foundation must be laid, especially for secondary or computer-generated evidence.

“Primary evidence, that is, the original document is directly admissible and secondary evidence requires proper explanation and foundation. In criminal trials, documents are attached to the proof of evidence, allowing the defence to know the case against them. A document must relate directly to the charge, else, it will be rejected”, he said.

Earlier, while declaring the training open, the Zonal Director, EFCC Enugu Zonal Directorate, Commander of the EFCC, CE Daniel Isei, urged the officers to optimize the exposure that the training is bound to offer.

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