Jim Ovia to Pocket N2.5bn Zenith Bank Dividend

Nigeria’s banking powerhouse, Zenith Bank, has unveiled impressive financial results for the first half of 2023, featuring an astounding 161.85 percent surge in profits. This remarkable achievement has propelled Jim Ovia, one of Nigeria’s most prominent bankers, to receive an interim dividend of N2.54 billion ($3.24 million) from his stake in the bank. Jim Ovia, […]

Nigeria’s Richest Banker Loses $158 Million

The Central Bank of Nigeria’s (CBN) decision to unify all segments of the foreign exchange (FX) market in mid-June has led to the devaluation of the naira, causing prominent businessmen in the nation, including Nigeria’s richest banker Jim Ovia, to grapple with substantial wealth losses. Ovia, who holds a leading position as one of Nigeria’s wealthiest entrepreneurs, […]

Nigeria’s Richest Banker Jim Ovia reaps $21.9 million in 26 Days

Jim Ovia, the wealthiest banker in Nigeria, has witnessed a substantial surge in the market value of his stake in Zenith Bank, the most profitable banking group in the country. This remarkable recovery comes after earlier setbacks caused by the devaluation of the Nigerian naira. As a prominent figure in the evolution and digital transformation […]