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Zenith Bank, led by Dr. Jim Ovia, became Nigeria’s most profitable bank in 2025 with record profits and a doubled share price after a successful recapitalization.
On October 14, 2025, Dr. Jim Ovia, founder and chairman of Zenith Bank, joined CEO Dame Adaora Umeoji in the Nigerian Exchange’s closing gong ceremony, highlighting the bank’s strong capital market partnership.
Zenith Bank reported record 2025 first-half profits, became Nigeria’s most profitable bank, and saw its share price double after a recapitalization with a 160% subscription rate, aided by the NGX’s X-Stream platform.
The bank plans higher year-end dividends and global expansion, while the NGX’s market cap rose from N55 trillion to nearly N93 trillion in 18 months.
SEC DG Dr. Emomotimi Agama credited the progress to market resilience, projecting a N200 trillion market value by next year.
Ovia was honored as the "Doyen of Nigerian Commercial Banking," and Zenith retained top global rankings, including Nigeria’s Number One Bank for Tier-1 Capital for 16 consecutive years and "Nigeria’s Best Bank" at the 2025 Euromoney Awards.
Zenith Bank, liderado por el Dr. Jim Ovia, se convirtió en el banco más rentable de Nigeria en 2025 con ganancias récord y un precio de las acciones duplicado después de una recapitalización exitosa.