You wont believe how much Jim Ovia made in just one day! In addition to the Lagos Marriott Hotel and the Aquamarine Boat Club, he also owns the over 15-story Civic Towers, which are properties that are together worth billions of Naira and are located in various parts of the country. Jim Ovia and Wife, Kay Jim Ovia Net Worth Jim Ovia has an estimated net worth of $550 million, according to Forbes. Peter Obi says he did not visit president-elect, Bola Tinubu. Jim Ovia, dubbed the Godfather of Banking by Forbes Africa, earned this title by building Nigerias largest bank. Content created and supplied by: Pepsy48 (via Opera The revelations came to the fore as more than 380 journalists from 96 media organisations in 67 countries scrutinized leaked data obtained by German newspaper, Suddeutsche Zeitung, and the International Consortium of International Journalists (ICIJ) from two offshore secrecy providers (Appleby and Asiaciti Trust) and 19 secrecy jurisdictions around the world. Driven by the role that technology could play in Nigeria; he established Cyberspace Limited to provide internet services and Visafone Communications Limited to provide telecom services. This website is using a security service to protect itself from online attacks. After the deregulation of the banking sector during the military administration of General Ibrahim Babangida in the late 1980s, Jim Ovia, alongside some investors, applied for a banking license. He held managerial positions at International Merchant Bank(IMB), Lion Bank,Merchant Bank, etc. Required fields are marked *. After completing his elementary schooling in Delta State, he went on to complete his secondary education at the illustrious Ika Grammar School in Bojiboji-Owa. The name Kay Ovia, on the other hand, rings a bell to few. She is a Graduate with a Degree in Management from Enugu State University of Technology (ESUT). Ranked 325th in the world (The Banker, Top 1000 World Banks, 2016), Zenith Bank has over $16bn in assets today across over 300 branches in Nigeria, with a strategic international presence in the UK, Dubai, China, Ghana, Sierra Leone and the Gambia. He is the president and Chief Executive Officer of Zenon Petroleum and Gas limited. But her husband, Jim has an estimated net worth of $550 million. However, Jim is not the founder of Zenith bank. Jim James Ovia CFR CON (born 4 November 1951) is a Nigerian businessman, he is the founder of Zenith Bank which he founded in 1990. His early interest in technology was the reason Zenith bank became the first Nigerian company to have a functional website in 1995, and was able to smoothly migrate its operations from the analogue times to a technological era. Eden Palmer Cause Of Death: what happened to the actress? As the Chairman of Prudential Zenith Life Assurance Limited, he oversaw the landmark partnership of Prudential UK; one of the worlds largest life assurance companies and Zenith Life Nigerias fastest growing life assurance company. Mrs. Kay Ovia is an alumni of Enugu State University of Technology (ESUT) where she holds an MBA degree in Management. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. But I insisted because red signified power, he later explained. She is hardly likely to shun a well-meaning invitation. His numerous investments are now working for him, earning him some serious money by the way. Now, this is the sort of cool life we should all aspire to have! Ovia is the founder of Visafone Communications Limited and the chairman of both the Nigerian Software Development Initiative (NSDI) and the National Information Technology Advisory Council (NITAC). However, a new policy from the Central Bank of Nigeria on tenure of Bank CEOs compelled him to retire earlier than he planned. Jim Ovia Net worth. He is the founder of the Youth Empowerment / ICT Foundation, which focuses on improving the socioeconomic welfare of Nigerian youths by inspiring and motivating them to embrace Information and communication technology. The bank was founded by the late Baba Aladura, his eminence, Otubu. 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His motivation for doing so was the potential role that technology may play in the Nigerian economy. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform President Muhammadu Buhari on Monday commended the founder and Chairman of Zenith Bank, Jim Ovia, for his contributions to entrepreneurship in Nigeria. [3][4], He is the founder of Zenith Bank Plc,[5] Nigeria's tier-1 bank and one of the most profitable financial institutions in Nigeria until 2010, when he moved into the chairman role. Ovia headed numerous NGO's at various times including serving as the first President of the Nigeria Internet Group (20012003). The governor's joke was perceived to be a strategy to douse the growing tension . Factcheck please. Very few women indeed, could navigate the terrain of stepmotherhood without resorting to violence, deviousness, duplicity and other extreme measures but Kay Ovia, unlike most women, has learnt to treat her stepchildren as her own. Jim Ovia holds a masters degree in Business Administration from theUniversity of Louisiana, Monroe, Louisiana, USA in 1979 and a B.Sc. Learn how and when to remove this template message, Commander of the Order of the Federal Republic, "Jim Ovia: From a clerk to founder of Nigeria's most profitable bank", "Founder Of Zenith Bank Publishes Inspirational Business Guide", "Celebrating Banking Wizard, Jim Ovia, at 69", "Jim Ovia is one of Nigeria's most successful businessmen - here's how he makes and spends his money", "Adversity Teaches Us to Innovate - Jim Ovia", "Nigerian Multi-Millionaire Banker Jim Ovia Becomes Chairman Of Zenith Bank", "Jim Ovia Is A Zenith Man - Konnect Africa", "ZENITHBANK.NG Company Profile & Executives - Zenith Bank PLC - Wall Street Journal", "Nigerian Banking Tycoon Jim Ovia To Sell Stake In Telecoms Firm To MTN", "Jim Ovia Releases "Africa, Rise and Shine" with ForbesBooks", "FULL LIST: 2022 National Honours Award Recipients The Nation Newspaper", https://en.wikipedia.org/w/index.php?title=Jim_Ovia&oldid=1142557753, Short description is different from Wikidata, BLP articles lacking sources from October 2022, Articles with unsourced statements from January 2023, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 02:47. Ovia is the founder of Visafone Communications Limited and the chairman of both the Nigerian Software Development Initiative (NSDI) and the National Information Technology Advisory Council (NITAC). Why Nigeria should align with African Unions Health Information Exchange (HIE) Standards and Guidelines, Farooq A. Kperogi: Partisan Comparisons of Channel TVs Seun and Arise TVs Rufai. //]]> Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. Jim James Ovia(born November 4, 1951) is a Nigerian businessman, a native of Agbor in Delta State. Follow your instinct But he is happily married to. September 18, 2018. While studying for a degree in business administration, Jim Ovia developed a keen interest in computer science and information technology, so serious that he decided to incorporate it into his program. 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Kperogi: Six Agenda Items for Tinubus Success.