Nigerian banking guru Jim Ovia gains $24 million in 20 days, as Zenith Bank shares recover from five-month low
The gain in the company’s share price was spiked by buying pressures on the Nigerian exchange.
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The gain in the company’s share price was spiked by buying pressures on the Nigerian exchange.
Zenith Bank is a leading multinational financial service provider based in Nigeria.
The leading tier-1 Nigerian bank, a top-500 bank globally, posted resilient results in Q1 2021.
Zenith topped the list of Nigerian banks in a global ranking published by The Banker Magazine.
Okonkwo is also the company’s CEO.
The Central Bank of Nigeria has queried First Bank over its abrupt removal of CEO Adesola Adeduntan.
In February, Zenith Bank’s Board of Directors declared its final dividend for 2020 on the Nigerian Stock Exchange.