Tag: Nigerian banker

Jim Ovia, founder of Zenith Bank.
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Nigerian banker Jim Ovia says real estate beats banking, doubles down on luxury Lagos towers

For more than three decades, Jim Ovia has been closely tied to Nigeria’s banking sector. He founded Zenith Bank in 1990 with modest capital and built it into the country’s largest lender by market value and one of its most profitable financial institutions. Now, as he steps back from the chairmanship of the bank he created, the 74-year-old businessman is…

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Nigerian banker Adaora Umeoji
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Nigerian banker Adaora Umeoji’s Zenith Bank stake rises to $27 million

Adaora Umeoji’s stake in Zenith Bank reaches $27 million, driven by a 107 percent stock surge and record assets of $23.4 billion.

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Jim Ovia, founder of Zenith Bank.
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After growing Zenith Bank to $23 billion in assets, Nigerian banking titan Jim Ovia retires

Jim Ovia retires after growing Zenith Bank to $23 billion in assets, closing a 30-year era that shaped one of Africa’s top lenders.

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Nigerian banker Segun Agbaje, CEO of GTCO.
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Nigerian banker Segun Agbaje to pocket N490 million from GTCO

Segun Agbaje to receive N490 million from GTCO dividends as the bank maintains payouts despite lower 2025 profit and earnings pressure.

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