Jim Ovia, Nigeria’s richest banker, makes $10.2 million from Zenith Bank stake
As the founder and chairman of Zenith Bank, Ovia holds a 16.2-percent stake, totaling 5,082,800,739 shares.
Jim Ovia
Nigerian banker Jim Ovia’s Zenith Bank stake drops nearly $15 million
This follows a strong performance in January, when his shareholding surged by over $11 million between Jan. 17 and 30.
Nigeria’s richest banker Jim Ovia gains $11.6 million as Zenith Bank completes public offer
This increase highlights the strong performance of the Lagos-based lender and the confidence investors have in its prospects.
Nigeria’s richest banker Jim Ovia gains $8 million from Zenith Bank shares
This follows a tough 2024 marked by Nigeria's currency devaluation and economic challenges that weakened Ovia's investments.
Naira devaluation cuts $72.4 million from Jim Ovia's Zenith Bank stake
The devaluation of the Naira has eroded nominal gains, reflecting the impact of currency depreciation on wealth accumulation.
Zenith Bank opens Paris branch to boost expansion into Francophone Africa
Zenith Bank opens its new Paris branch, marking a major step in expanding into Francophone Africa and strengthening trade ties between Africa and France.
Jim Ovia’s stake in Zenith Bank tops $130 million
Jim Ovia’s wealth soars, solidifying his position as Nigeria’s richest banker
Zenith Bank reports $604 million in profit, nearly doubles earnings in Q3 2024
Zenith Bank, Nigeria’s leading financial institution, achieves a remarkable 99-percent profit growth, reaching N1 trillion ($604.3 million) in the third quarter of 2024, driven by robust interest income and strategic investments despite challenging economic conditions.
Jim Ovia gains $7.1 million from Zenith Bank stake
Ovia, the founder and chairman of Zenith Bank, holds a controlling stake of 16.2 percent — equivalent to 5,082,800,739 shares.
Nigeria’s richest banker Jim Ovia’s Zenith Bank posts $363-million profit in H1 2024
Zenith Bank's half-year profit surges 98%, bolstered by robust interest income and trading income growth
Nigeria’s richest banker Jim Ovia gains $16.8 million from Zenith Bank stake
The uptick comes after a previous decline, during which his stake in Zenith Bank fell by $13.3 million between April 25 and May 2