Zenith Bank Chairman Jim Ovia Set to Receive N50.7bn from 2025 Final Dividend

Zenith Bank declared a final dividend of N8.75 per share for its 2025 financial year. With 5.8 billion shares (4.15 billion directly and 1.66 billion indirectly), Chairman Jim Ovia stands to collect about N50.7 billion. Ovia’s holdings grew from 5.08 billion shares in 2024, though his stake fell from 16.19% to 14.13%. Including the N1.25 interim dividend, his total earnings will be even higher. Other executives also benefited. Group Managing Director Adaora Umeoji earned around N2.5 billion from her 287 million shares. Directors such as Henry Oroh, Adobi Nwapa and others received dividends proportional to their holdings, while independent non-executives without shares did not qualify. Zenith plans to distribute N359 billion as a final dividend, bringing total 2025 payouts to N410.7 billion, pending shareholder approval at the annual general meeting. The bank posted a net profit of N1.04 trillion with gross earnings of N4.19 trillion and total assets of N29.96 trillion.

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