Nigerian billionaire Jim Ovia bets on Lagos luxury real estate after stepping down as Zenith chairman
Billionaires Africa | 09.06.2026 16:07
Jim Ovia, the 74-year-old founder of Zenith Bank who built Nigeria's most profitable lender from a $4 million startup in 1990 into a tier-one banking giant, has pivoted decisively toward luxury real estate, saying property now offers better returns than banking and backing that conviction with two high-rise residential towers rising above the Lagos skyline.
