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I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessI Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia (615 Views)

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I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia by attackgat(op): 6:31pm On May 25, 2024
Zenith Bank Chairman and founder, Jim Ovia, has revealed that he started Zenith Bank in 1990 with 20 million Naira, and that the exchange rate at the time was 4 Naira to a Dollar, meaning that he started the Bank with 5 million Dollars

He said that 20 years later, Zenith Bank was worth 4 billion US Dollars

https://www.facebook.com/blueprintafric/videos/1674064546755168/?mibextid=rS40aB7S9Ucbxw6v
Re: I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia by LordIsaac(m): 7:04pm On May 25, 2024
I see😊
Re: I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia by Raf4: 7:15pm On May 25, 2024
attackgat:
Zenith Bank Chairman and founder, Jim Ovia, has revealed that he started Zenith Bank in 1990 with 20 million Naira, and that the exchange rate at the time was 4 Naira to a Dollar, meaning that he started the Bank with 5 million Dollars

He said that 20 years later, Zenith Bank was worth 4 billion US Dollars

https://www.facebook.com/blueprintafric/videos/1674064546755168/?mibextid=rS40aB7S9Ucbxw6v
Charles Taylor is saying Hi 👋
Re: I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia by doggedfighter(f): 7:32pm On May 25, 2024
Tell us more ! 😉
Re: I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia by ProjectsCityNG: 7:33pm On May 25, 2024
Raf4:
Charles Taylor is saying Hi 👋
grin
Re: I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia by Paraman: 7:51pm On May 25, 2024
A lot of Nigerians also started a bank the year he started it, but greediness and poor planning ruined most of them
Re: I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia by ProjectsCityNG: 10:10pm On May 25, 2024
Paraman:
A lot of Nigerians also started a bank the year he started it, but greediness and poor planning ruined most of them
Nal Merchant Bank

Afri Bank

Owena Bank

Savannah Bank

Platinum Trust Bank

Intercontinental Bank
Re: I Started Zenith Bank With N20m In 1990 At N4 To A Dollar- Ovia by alezzy13: 10:19pm On May 25, 2024
attackgat:
Zenith Bank Chairman and founder, Jim Ovia, has revealed that he started Zenith Bank in 1990 with 20 million Naira, and that the exchange rate at the time was 4 Naira to a Dollar, meaning that he started the Bank with 5 million Dollars

He said that 20 years later, Zenith Bank was worth 4 billion US Dollars

https://www.facebook.com/blueprintafric/videos/1674064546755168/?mibextid=rS40aB7S9Ucbxw6v
Hmm. Where did he get 20m from ?? That's some stupendous money by that time. A brand new tear rubber Peugeot was less than a million
1 Reply

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