Nigeria’s richest banker loses $158 million to naira devaluation
Despite the fiscal setbacks he has endured, Ovia’s position as Nigeria’s richest banker remains steadfast.
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Despite the fiscal setbacks he has endured, Ovia’s position as Nigeria’s richest banker remains steadfast.
These impressive gains further solidify Ovia’s status as Nigeria’s richest banker and one of the richest investors on the NGX.
The upward trend in the lenders’ shares and market capitalization can be attributed to investors’ optimism about a potential increase in earnings and assets.
Ovia’s 16.2-percent stake in Zenith Bank, comprising 5,072,104,311 ordinary shares, accounts for the majority of his fortune.
Ovia rakes in $30 million in just one day as Zenith’s market cap surges past $1.85 billion.
Ovia continues to play a significant role in shaping Nigeria’s financial landscape.
This recent surge has further solidified Ovia’s position as one of the most affluent investors on the Nigerian Exchange.
Ovia’s stake in Zenith Bank soars, adding $42.93 million in value in 34 days amid a bullish market.
Onyeagwu’s stake in Zenith Bank has increased from 0.26 percent, or 82,176,078 shares, to 0.29 percent, or 90,176,078 shares.
Ovia is a major shareholder in Zenith Bank, holding a substantial 16.2-percent stake, or 5,072,104,311 ordinary shares.
Ovia owns a substantial 16.2-percent stake in Zenith Bank.
Ovia holds a significant 16.2-percent stake in Zenith Bank
Ovia has been appointed as the chairman of Zenith Holdco Plc.
Ovia owns a sizable 16.2-percent stake in Zenith Bank.
Ovia owns a 16.2-percent stake in Zenith Bank.
Ovia owns 16.2 percent of Zenith Bank.