Jim Ovia makes over $4.6 million from Zenith Bank stake
Zenith Bank shares climb, lifting market cap above $1 billion, as investor sentiment strengthens.
Nigerian Banker
Zenith Bank pays Jim Ovia $12.7 million in dividends
Jim Ovia takes home $12.7 million in dividends as Zenith Bank delivers record profits and boosts shareholder payouts.
Jim Ovia’s stake in Zenith Bank rebounds above $150 million
Recent stock gains have boosted Ovia’s stake by $12 million, raising its value from $139.59 million to $151.48 million.
Herbert Wigwe, Aig-Imoukhuede co-own $64 million stake, report shows
Amid a high-stakes estate dispute, new disclosures reveal Herbert Wigwe and Aigboje Aig-Imoukhuede share a $64.5 million stake in Access Holdings.
Aig-Imoukhuede leads Access Holdings to $400 million profit
Access Holdings, under Aigboje Aig-Imoukhuede, posted a $400 million profit in 2024, driven by asset growth, cost control, and expansion across Africa.
Aigboje Aig-Imoukhuede-led Access Holdings seals Kenyan bank acquisition
Access Holdings, led by Aigboje Aig-Imoukhuede, finalizes the acquisition of the National Bank of Kenya, boosting its East African footprint and market reach.
Segun Agbaje leads GTCO to record $661.3 million profit, sets $134.4 million dividend payout
This highlights the leading lender’s robust financial discipline and commitment to maximizing shareholder value.
Zenith Bank’s 2024 profit hits $671 million with Adaora Umeoji at the helm
Zenith Bank reports strong $670 million profit, strengthens position among Africa’s most profitable lenders
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.
Access Holdings, led by Aigboje Aig-Imoukhuede, to finalize National Bank of Kenya acquisition
The deal, which has been in the works for months, is now awaiting final approval from the Central Bank of Kenya (CBK).
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.
Court rules against Herbert Wigwe’s parents in legal battle over Nigerian banker’s estate
Lagos court rejects parents’ bid to challenge control of late Nigerian banker Herbert Wigwe’s estate, upholds existing structure including first daughter Otutochi.
Nigerian banker Adaora Umeoji-led Zenith Bank lists 9.67 billion shares on NGX after hybrid offer
Zenith Bank adds 9.67 billion shares on NGX, capital boost meets CBN requirement.
Zenith Bank, led by Nigerian banker Jim Ovia, raises $230.3 million in public offering, rights issue
This milestone solidifies Zenith’s position as one of Nigeria’s top-capitalized financial institutions.
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.
Access Bank denies missing $296,093, reaffirms commitment to ethical banking standards
Access Bank responds to viral allegations of missing funds, assuring customers and stakeholders of its continued adherence to ethical practices and financial transparency.