Billionaire Femi Otedola's First HoldCo becomes Nigeria's most valuable bank stock, passing Zenith and GTCO
Femi Otedola's First HoldCo has overtaken Zenith and GTCO to become Nigeria's most valuable banking stock, reaching N4.80 trillion.
Zenith Bank
Nigerian billionaire Jim Ovia bets on Lagos luxury real estate after stepping down as Zenith chairman
Zenith Bank founder Jim Ovia is building two luxury residential towers in Lagos with units from $1.85 million as he pivots to real estate after leaving the bank's chairmanship.
Nigerian billionaire Jim Ovia's Zenith Bank stake hits $643 million as shares surge
Jim Ovia's Zenith Bank stake has more than doubled in naira terms in 2026 and is now worth $643 million after the naira's strengthening added a dollar bonus.
Zenith Bank's founder Jim Ovia has retired as chairman after 36 years of building Nigeria's most profitable lender
Jim Ovia has retired as Zenith Bank chairman after completing the mandatory 12-year tenure under CBN governance guidelines, with Mustafa Bello approved to take over the chairmanship.
Jim Ovia's Zenith Bank opens in Côte d'Ivoire, breaking into Francophone West Africa for the first time
Jim Ovia's Zenith Bank has formally launched its Côte d'Ivoire subsidiary in Abidjan, marking its first entry into Francophone West Africa's banking market.
Nigerian billionaire Jim Ovia to pocket $41.5 million in Zenith Bank dividends
Zenith Bank plans to double its total dividend to N10 per share for 2025, which would hand founder and chairman Jim Ovia a payout of approximately N58 billion.
Jim Ovia's Zenith Bank posts Africa's highest brand value growth at 33.6%
Jim Ovia's Zenith Bank recorded the highest banking brand value growth in Africa in 2026, climbing 33.6 percent to $380 million.
Jim Ovia's Zenith Bank promotes insider Kennedy Okwudili to executive director
Zenith Bank has named Kennedy Onuwa Okwudili as an executive director in a move reinforcing its leadership pipeline under chairman Jim Ovia and CEO Umeoji.
Nigerian banker Jim Ovia reflects on a $5 million decision that became $3.3 billion
Nigerian banker Jim Ovia reflects on turning a $5 million bet in 1990 into a bank with more than $3.3 billion in shareholders’ funds.
Nigerian banker Jim Ovia’s Zenith Bank stake hits $220 million
Nigerian banker Jim Ovia’s Zenith Bank stake rises above $220 million after a recent share rally.
Kenya’s Paramount Bank hits $24 million as Jim Ovia’s Zenith Bank plans buy
Kenya’s Paramount Bank raises capital to $24 million as Jim Ovia’s Zenith Bank plans a strategic acquisition.
Nigerian banker Jim Ovia’s Zenith Bank eyes Kenyan bank after $230 million raise
Nigerian banker Jim Ovia’s Zenith Bank plans to acquire Kenya’s Paramount Bank after raising $230 million for regional expansion.
Jim Ovia, Nigeria’s richest banker, gains $37 million from Zenith Bank stake
Jim Ovia adds $37.2 million to his Zenith Bank stake as the lender’s shares surge on the NGX.
Nigerian banker Jim Ovia gains $14 million as Zenith Bank shares climb
Jim Ovia’s stake in Zenith Bank gains $14 million as the lender’s shares climb after a $34.5 million dividend boosts investor confidence.
Zenith Bank to pay Jim Ovia $4.9 million in October
Jim Ovia will receive nearly $5 million from the lender’s $34.5 million interim dividend payout to shareholders.
Nigerian banker Jim Ovia’s Zenith Bank sees $355 million profit in first half
Zenith Bank’s H1 profit falls to $355 million as impairments rise, while total assets reach $20.7 billion.