Nigerian banker Jim Ovia’s Zenith Bank to open in Côte d’Ivoire, Cameroon
Jim Ovia’s Zenith Bank will open in Côte d’Ivoire and Cameroon in 2025, with Kenya expansion plans also underway.
Skip to content
Jim Ovia’s Zenith Bank will open in Côte d’Ivoire and Cameroon in 2025, with Kenya expansion plans also underway.
Zenith Bank honors Nigeria’s women’s basketball champions with $130,000 after their 2025 AfroBasket victory.
Jim Ovia loses nearly $21 million as Zenith Bank shares slide over 22 days, pulling market value under $2 billion.
Jim Ovia’s Zenith Bank stake nears $250 million as investor confidence boosts shares 32% in under a month.
This gain comes as the bank’s shares have risen steadily on the NGX, reflecting growing investor confidence in Zenith Bank’s performance.
Zenith Bank CEO Adaora Umeoji deepens her stake with a $2.1 million share buy, affirming long-term faith in the bank’s growth and profitability.
The lender disclosed this in a statement filed on the NGX on Wednesday, reaffirming its commitment to meeting all supervisory requirements.
Adaora Umeoji led Zenith Bank to a $194 million first-quarter profit in 2025, reinforcing its position as Nigeria’s most profitable lender.
Jim Ovia takes home $12.7 million in dividends as Zenith Bank delivers record profits and boosts shareholder payouts.
Recent stock gains have boosted Ovia’s stake by $12 million, raising its value from $139.59 million to $151.48 million.
Zenith Bank reports strong $670 million profit, strengthens position among Africa’s most profitable lenders
As the founder and chairman of Zenith Bank, Ovia holds a 16.2-percent stake, totaling 5,082,800,739 shares.
This follows a strong performance in January, when his shareholding surged by over $11 million between Jan. 17 and 30.
Zenith Bank adds 9.67 billion shares on NGX, capital boost meets CBN requirement.
This increase highlights the strong performance of the Lagos-based lender and the confidence investors have in its prospects.
This milestone solidifies Zenith’s position as one of Nigeria’s top-capitalized financial institutions.