Nigerian billionaire Jim Ovia’s Zenith Bank stake loses $65.5 million in October
Jim Ovia’s Zenith Bank stake lost about $65.5 million in October as the lender’s shares fell 11.2% in a broad Nigerian banking selloff.
Zenith Bank
Nigerian billionaire Jim Ovia’s Zenith Bank discusses Kenya expansion after Paramount Bank acquisition
Zenith Bank has discussed its Kenyan market plans with government officials following its acquisition of Paramount Bank, which gave the Nigerian lender an established foothold in East Africa.
Nigerian billionaire Jim Ovia set to collect N8.7 billion in Zenith Bank dividends
Zenith Bank founder Jim Ovia is set to collect N8.7 billion from the lender's raised interim dividend, even as its half-year profit fell 19%.
Billionaire Jim Ovia warns Nigeria against trading quality for more universities
Zenith Bank founder Jim Ovia says Nigeria's fast-growing number of universities, now about 312, must not come at the expense of quality.
Nigerian billionaire Jim Ovia gains $144 million on Zenith Bank shares in third quarter
Jim Ovia's Zenith Bank stake rose $144 million in the third quarter as the lender's shares climbed 27.6% on the Nigerian Exchange.
Billionaire Femi Otedola's First HoldCo out-earns every major bank in Nigeria and South Africa
First HoldCo posted a 31.63% return on average equity in the first quarter, the highest of any tier-1 bank in Nigeria or South Africa.
Adaora Umeoji's Zenith Bank stake is now worth $27 million
Adaora Umeoji holds 285,096,933 Zenith Bank shares, worth N35.89 billion at Monday's close, the largest stake held by any Nigerian bank chief.
FirstHoldCo and Dangote Cement, controlled by Forbes-ranked billionaires, join the FTSE Frontier 50
FirstHoldCo and Dangote Cement join the FTSE Frontier 50, a far more selective index than the broader series 10 Nigerian firms entered.
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.
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.