Business
Bank Solicits For Patronage
The Managing Director of Jaiz Bank Plc, Malam Mohammed Bintube, has called on Nigerians to take advantage of an alternative financing option offered by the bank that is practised and accepted globally.
The Tide source reports that Jaiz bank Plc, which began operations on January 6, 2012, has a capital share of N11 billion.
Its aim is to deliver non-interest banking to Nigerians. Bintube made the call while speaking to mark the bank’s special day at the ongoing 34th Kaduna International Trade fair..
He said that the bank was built on strong fundamental principles of high ethics, fairness, objective and transparency.
“Jaiz offers financing products and services like other conventional banks except of course, they are devoid of interest.
“Our services are available to all Nigerians, irrespective of race or religion and it is about building partnership for mutual interest,” he said.
Bintube said the bank had branches in Abuja, Kano, Kaduna, Maiduguri and Gombe.
He also said that 10 additional branches would be opened across the northern part of the country before the end of the first quarter of 2013.
The Managing Director said work was in progress to upgrade its licence which will allow the bank to have branches in all the states of the federation.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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