Nigerian banker Jim Ovia’s Zenith Bank eyes Kenyan bank after $230 million raise
Billionaires Africa | 17.11.2025 16:41
Lagos-based financial services group Zenith Bank Plc, founded by Nigerian banker Jim Ovia, is moving to expand into East Africa with a proposed acquisition of Kenya’s Paramount Bank. The lender has filed for regulatory approval to proceed with the transaction, signaling its first major step into the Kenyan market, a move aimed at serving the entire spectrum of the market.
