Despite this setback, Ovia retains his status as Nigeria’s richest banker, underscoring his success as a leading businessman in the nation.
Nigerian Banker
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Access Holdings’ $1.71B capital raise: Nigerian banker Aigboje Aig-Imoukhuede’s global vision unveiled
In a post-meeting interaction, Aig-Imoukhuede reaffirmed the group’s commitment to industry recapitalization and delivering consistent returns to shareholders.
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The capital raise aligns with the Central Bank of Nigeria’s (CBN) recent increase in minimum capital requirements for the country’s largest banks.
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Nigerian banker Segun Agbaje’s GTCO to distribute $63.8 million in dividends to shareholders
With Segun Agbaje at the helm, GTCO continues to chart a path of sustained growth and profitability in the Nigerian financial landscape.
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The leading lender, led by Elumelu, one of Africa’s most influential business figures, reported a stellar 257 percent increase in profit to …
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GTCO’s 2023 financial performance, marked by record profit, strengthens Agbaje’s leadership and cements the company’s position as a Nigerian financial powerhouse.
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Nigerian banker Aigboje Aig-Imoukhuede-led Access Holdings discloses $8.47 billion in contingent liabilities
Critics have previously expressed concerns that Access Holdings’ historical reporting practices may have obscured the true scale of its legal issues.
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The company’s performance is marked by an 18 percent year-on-year increase in profit after tax to N11.42 billion ($8.73 million).
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While Wigwe’s leadership is sorely missed, his impact remains evident in the group’s record-breaking 2023 profits.
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Nigerian banker Jim Ovia’s Zenith Bank partners with Mastercard to boost financial inclusion in Nigeria
The partnership marks a milestone for Mastercard, as it introduces its first domestic card in Africa and debuts the World Elite Credit …