The record dividend payout underscores its unwavering dedication to shareholder value and its position as a top player in Nigeria’s banking sector.
Zenith Bank
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This was driven by a combination of surging interest income and substantial gains from foreign exchange portfolio revaluations.
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Ovia, ranked among Africa’s affluent individuals, has seen an impressive increase in the market value of his stake in Zenith Bank.
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This recent gain strengthens Ovia’s position as Nigeria’s wealthiest banker, underscoring his success as a leading figure in the financial services industry.
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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 …
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Nigerian banker Jim Ovia’s Zenith Bank invests in Niteon to boost digital export infrastructure
Zenith Bank’s decision to invest in Niteon underscores its dedication to fostering economic growth and innovation across Africa.
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Umeoji will ascend to the helm of the institution, taking over the reins of control from Ebenezer Onyeagwu, whose term as group …
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The surge in Ovia’s stake marks a recovery from the impact of the recent devaluation of the Nigerian currency, which saw his …
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Ovia owns a 16.2-percent stake in the financial services group, comprising 5,072,104,311 ordinary shares, makes him the wealthiest banker in the country.
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This surge firmly cements Ovia’s status as Nigeria’s wealthiest banker.