Zenith Bank to Pay Jim Ovia N5.18 Billion Dividend for Strong H1 2025 Performance

Zenith Bank Plc is set to pay its founder and chairman, Jim Ovia, N5.18 billion as an interim dividend for the first half of 2025, following the bank's strong financial performance. Ovia, with a direct holding of billions of shares, will receive an interim dividend per share, marking a 25% increase from the previous period.

Zenith Bank reported a profit before tax of billions, with gross earnings driven by a 20% rise to a trillion. The bank's net interest income nearly doubled, contributing to a solid balance sheet with total assets of N31 trillion and improved asset quality.