Society
The 3 Richest Bankers In Nigeria
based solely on the value of their stakes in the banking industry
The three richest bankers in Nigeria have been unviled.
And they are Jim Ovia, Tony Elumelu and Herbert Wigwe.
They naming is based on calculations made by search light on the wealthy and respectable, Billionaire.Africa.
According to a report monitored on the platform by SocietyNow.Ng, the listing is based solely on the value of their stakes in the banking industry – estimated through stocks.
Jimo Ovia, the founder – and chairman – of Zenith Bank of Zenith Bank is credited with an estimated $224.3 million stake in the financial institution.
With a 5,077,104,311 ordinary shares attributed to him, Ovia is said to own 16.17 percent stake of Zenith Bank. The shares worth N169.8 billion in local currency according to Billionaires.Africa.
As chairman, Ovia’s fingerprints continue to manifest in the award winning leaps recorded by Zenith Bank.
On his part, Tony Elumelu, the major player in the national -and international – business landscape is credited with a 7.17 percent ownership in United Bank of Africa (UBA).
The stakes held through different entities, including Heirs Holdings Limited, Heirs Alliance Limited, and HH Capital is valued at $44.1 million.
The shareholdings said to be 2,457,372,28 units of shares is estimated to be N33.54 Billion in local currency according to Billionaires.Africa.
Elumelu who owns a 25.9 percent stake in the high-value Transcorp is the chairman of UBA with his vision continuing to forge the financial institution into a global brand to be reckoned with home and abroad.
The third big-time player on the list is Hebert Wigwe, the Chief Executive Officer at Access Holdings.
Access Bank which he formerly headed as Managing Director is a subsidiary of Access Bank.
According to Bllionaires.Africa’s findings, Wigwe holds a 9.09-percent stake in Access Holdings.
Broken down to 3,230,789,014 shares, his shareholdings is valued at N53.4 billion in local currency.
Wigwe’s shares are reportedly held through his family investment vehicle – Tengen Holding.
He us a co-founder of Access Bank, the financial institution aggressively building on its fantastic run, along with Aigboje Aig Imoukhuede.
