Jim Ovia, the founder and former CEO of Zenith Bank, is set to pocket N14.7 billion as dividend payment for the financial year ended December 31, 2022.
Ovia is the sole shareholder of the bank with a direct shareholding of 11.29 percent, which is required by law to be disclosed in the bank’s financial statements.
In addition to his direct shareholding, he also has an indirect shareholding of 4.85 percent in the bank, which will contribute to the final dividend payout.
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