
Nigeria’s richest banker Jim Ovia reaps $21.9 million in 26 days from Zenith Bank stake
Ovia’s 16.2-percent stake in Zenith Bank, comprising 5,072,104,311 ordinary shares, accounts for the majority of his fortune.
Ovia’s 16.2-percent stake in Zenith Bank, comprising 5,072,104,311 ordinary shares, accounts for the majority of his fortune.
Ovia rakes in $30 million in just one day as Zenith’s market cap surges past $1.85 billion.
Ovia continues to play a significant role in shaping Nigeria’s financial landscape.
This recent surge has further solidified Ovia’s position as one of the most affluent investors on the Nigerian Exchange.
Ovia’s stake in Zenith Bank soars, adding $42.93 million in value in 34 days amid a bullish market.
Ovia is a major shareholder in Zenith Bank, holding a substantial 16.2-percent stake, or 5,072,104,311 ordinary shares.
Ovia owns a substantial 16.2-percent stake in Zenith Bank.
Ovia holds a significant 16.2-percent stake in Zenith Bank
Ovia has been appointed as the chairman of Zenith Holdco Plc.
Ovia owns a sizable 16.2-percent stake in Zenith Bank.
Ovia owns 16.2 percent of Zenith Bank.
The men have played seminal roles in the development of Nigeria’s economy.
He is on course to earn an interim dividend of $3.6 million from his stake in the bank.
Ovia owns a significant 16.2-percent stake in Zenith Bank.
The news puts his total dividend earnings from Zenith Bank this year at $17.7 million.
The increase in the bank’s profit can be attributed to a 17-percent rise in its gross earnings.