Tag: Jim Ovia

  • Jim Ovia chairs Digital Africa confab

    Founder of Visafone, renowned banker and entrepreneur, Mr. Jim Ovia, has been named as the chairman of this year’s edition of the Digital Africa Conference & Exhibition.

    In a statement, the Executive Chairman of Digital Africa Global Consult, Dr. Evans Woherem, expressed delight that Mr. Ovia accepted the invitation to chair the event and described the development as a big plus for the event that has become Africa’s version of Consumer Electronics Show (CES).

    “As an advocate for digital technology, and with the aim of promoting the adoption, diffusion, and active development of digital technology in Africa, Digital Africa Global Consult is delighted that Mr. Ovia, one of the biggest promoters of a technology-driven African continent has accepted to chair this year’s event holding in Abuja on June 1-to 3 without hesitation.

    “We are delighted to have him chair DA2016 because we share in common, the same objectives of making Africa an active participant in the creation and use of technology and facilitate the continued, responsible growth of the African economy through the development of the technology industry,” the statement said, adding that the theme of the conference is “Accelerated Development for Africa with IoE.”

  • Jim Ovia opens Civic Centre Tower

    Jim Ovia opens Civic Centre Tower

    Billionaire businessman and Chairman of Zenith International Bank, Jim Ovia, has once again lived up to his reputation for entrepreneurial breakthroughs with the official opening of Civic Centre Tower on Victoria Island, Lagos.

    The newly opened tower, described by some as one of Nigeria’s most intelligent architectural masterpieces, is located on the ever busy Ozumba Mbadiwe Way. The structure stands out as a hotshot commercial destination. The 16-storey building boasts a central elevator core with four elevators and large bays, which provide for maximum flexibility in developing highly efficient floor plans.

    Ovia is renowned for his rare ability to fish out opportunities in unlikely situations, and that much has manifested in his several investment portfolios ranging from banking and finance to real estate, oil and gas and the capital market.

  • Jim Ovia sacks 500 workers

    Jim Ovia sacks 500 workers

    When business tycoons begin to feel the heat of the nation’s embattled economy, there is certainly a serious cause for alarm. But that seems to be the case with billionaire businessman, Jim Ovia. Nigeria’s leading and only surviving operator of CDMA, Visafone Nigeria, has significantly reduced the company’s staff strength by sacking close to 500 workers.

    The downsizing cuts across every department of Visafone and all its operation bases across the country. The decision of the management to let majority of its staff go has further worsened the unemployment rate in the country as those who were sacked are back in the labour market, seeking for alternating means of survival.

  • ‘I learnt charity  from my husband’

    ‘I learnt charity from my husband’

    Kay Ovia is the CEO of Quantum Markets and initiator of the Star Rising Talent Hunt for children and young people. In this interview with Yetunde Oladeinde, she talks about the project, planning for a better future for the young ones and life married to Jim Ovia, erstwhile Zenith Bank boss.

    WHAT is the vision behind Star Rising Talent Hunt? This is a long-term thing and not just the one-off thing where only prizes are given. We plan to make the children arm themselves with adequate knowledge to restore what some of the children have lost as well as make them believe in themselves.

    Most talent hunt projects attract a fee but this one is free. It is not to make money; so the entry and audition is totally free. It is an opportunity to come and have an enabling environment to showcase your talent. We are here to mentor, coach them and at the end of the day they would become great patriots for the nation.

    We also have an academic and mental exercise for students of the senior secondary school bracket. Contestants would be quizzed on subjects such as mathematics, english, general knowledge, current global affairs and the sciences. We are going to discover, hone and nurture God-given talents. This would be done through free counselling and mentoring programmes for children within the age bracket 7 to 17 years. Sadly, a number of projects people have for children are actually for teenagers.

    It would not just be about singing and dancing alone but developing talents in different areas. The team would therefore be providing talent development classes. We would also provide a well-equipped modern library. The mastermind is for the teenagers, especially those in upper secondary schools. To make our selections, we did not go to schools for the rich and famous. There are lots of children that do not have the opportunity that needs to be reached. These are our targets and that is why we are going to government schools and the orphanages. You would be amazed at the raw talents that we found in these schools and I know that the judges would select the best.

    Where do you intend to take this passion to?

    I intend to take it as far as possible. It is a passion that I have had over the years. I actually found out that through this passion I can help children. I have been helping some by paying school fees and mentoring those who come to me. I do have a lot of children on my sponsorship list. I learnt that from my husband; he has the Jim Ovia Foundation.

    However, I realised that I could do my own, reaching out to a different group to make a difference. At the beginning, I began to ask myself how to do this and that was how things began to fall in place. It is a life at a time and if you try to touch lives, it goes from there. By the time we have one centre opened, we intend to take about 200 people and attend to these children on the basis of first come, first served. The centre would be filled with activity. We are also going to have a studio, a library and we would have resource persons from abroad who would coach them in the areas of singing and dancing. In addition, we would also be working with celebrities in Nigeria and it would give us a total package.

    We have people like Zuriel Oduwole and Malala making waves all over the world. Where do you want to take the young talents that you are projecting?

    You can see that Malala and Zuriel are making a difference in their world today. Malala is not a singer, she is not a dancer but she stands out. She is an orator, she talks and people listen; adult listen to her. If I have a child like that I know I would push that child far. Here I am not talking about my biological children. Of course, I have children who can speak very well for themselves.

    I strongly believe that every child needs to be able to speak what is on their mind; they should be able to talk and express themselves. They need to be able to say this is my talent; I want to show the world, this is my dream. Not just five minutes of glory or fifteen minutes of fame. They should say to themselves, ‘I also want to see, what the rest of the world wants to see.’

    What were your personal dreams while you were growing up?

    I was a tomboy as a child. I was always climbing trees and I know that on one or two occasions my mother had to pull my ears and sit me down. For my dream as a young girl, I wanted to be a lawyer because my father was a lawyer. However, I was someone that liked to take something on and the easy thing for me was to do the mathematics and get it over. That was how I chose Finance.

    Having a reality show for children is a great idea but it also comes with a number of complex issues that include the welfare and security of these children. How do you intend to handle this?

    All those who are working with us are vetted. We would as much as possible go through a proper process. By the time we interview people who would work with us, they must be people others can vouch for. You can only do so much but I know that God would do the rest. We would get people to monitor the process and avoid the risk; that is something we would not tolerate at all. If you have a CCTV there, it would caution people especially if they have any bad intention or anything like that. All those measures would be taken care of. If I cannot leave my child with just anyone, then I won’t leave other people’s children with just anyone, so all those details would be taken care of.

    In Nigeria, one other talent that children, especially boys, would like to develop is football. Are you doing something in this area?

    Yes, somebody did mention football, but I don’t have people with that skill on board at the moment. Maybe, if we get introduced to a couple of footballers, then we can take them on and by next year we could add football to our list. It would therefore be easy to take such children on and ask them to mentor them.

    It would be easier for them to give the children the head shot, show them the way and that is the only way people can learn. We would also provide the fund and if they need to be flown abroad, we would get a sponsor for this. I am going to put in my best for these children, not just in terms of fund but getting the right mentors; mentors who would be able to discover those talents that are in them. We already have a number of fantastic talents out there and we would be going to them to mentor these children to be like them.

    What is the secret to your good looks?

    There is really not much to it. Believe it or not I am over 50 years. Sometimes, you wake up in the morning and the bones are not working, but you ask God to give you the grace to move on.

    Tell us about your beauty regimen

    No, I won’t tell you that. It is nothing really. If you are diligent with your hygiene then you would be beautiful. Hygiene, they say, is next to godliness. Then you have to be good on the inside, have the word of God in you and then everything would be great. That is one thing I have told my children. You don’t have to be beautiful for the sake of being beautiful or want to be like the next Miss World. The truth is that beauty comes from within. It includes your eating healthy, good hygiene and you just doing the right thing.

    How would you describe your husband and how he has influenced you?

    He is a very wonderful person to be with. I would also say that my husband is very romantic. He doesn’t miss my birthday or any other important date. Even when I am abroad you can be sure that he is coming with a massive bunch of roses. Women need to teach their men how to be romantic. A man may not be naturally romantic but you can guide him. You need to step up the game.

  • Myma  Bello-Osagie  marks 60

    Myma Bello-Osagie marks 60

    IT was a convergence of Nigeria’s crème de la crème at the Oriental Hotel, Lagos, as Myma, the beautiful wife of Hakeem Bello-Osagie, celebrated her 60th birthday. From Aliko Dangote, Femi Otedola and Tony Elumelu, Governor Liyel Imoke to former Cross River State, Governor Donald Duke, Governor Godswill Akpabio, Jim Ovia, Otunba Niyi Adebayo, John Edozien and many more, prominent Nigerians from all walks of life showed up.

    Dr Myma Bello-Osagie ,a seasoned lawyer, currently serves as senior partner of Udo Udoma & Belo-Osagie, one of the leading law firms in Nigeria. She also heads its telecommunications and oil & gas teams. Her areas of specialisation include corporate restructuring, acquisitions, foreign investment, regulatory communications and equity financing.

    Highly rated for her works, she also sits on the board of various companies and acts as a trustee on the board of several non-profit making organisations, including the African Leadership Foundation, the African Wildlife Foundation and the Art and Business Foundation. She is also reputed as an avid art collector.

  • Jim Ovia gets new look

    Jim Ovia gets new look

    IF you run into the former MD of Zenith Bank International, Jim Ovia, chances are that you may not recognise him. The chairman of Visafone, a telecommunication company, currently spots a rotund face and rich moustache that make him to look different from his days as Zenith Bank’s chief executive.

    Jim Ovia has spotted the new look since he relinquished his position in Zenith Bank. His new looks are a total departure from his clean shave as a banker. In fact, it is easy for one to confuse him with an actor in full costume, ready to act a role; even when he celebrated a wedding ceremony for her daughter in the UK, he wore the same looks.

    The man, who transformed Zenith Bank to a global institution, is said to have found a new pastime in humanitarian activities. A few months ago, he built a massive school, named James Hope College, in his hometown, Agbor in Delta State. He capped the building with the appointment of a British educationist as the principal.

    According to him, he decided to help in making quality education accessible to the people and he would be replicating the gesture in other states.

  • Jim Ovia dreams anew

    Jim Ovia dreams anew

    THAT Jim Ovia is a big name in Nigerian banking through the Zenith Bank which he founded in 1990 and grew into West Africa’s 2nd largest financial services provider by market capitalisation and asset base and that he was forced to step down as chief executive after a 20-year stint in banking, following a Central Bank directive, is no longer news.

    Well, the gist is that the bulk of the wealth of the recluse millionaire comes largely from a massive portfolio of prime real estate in some of Nigeria’s priciest neighbourhoods: Victoria-Island and Ikoyi. Before one could say Jack, the shrewd businessman moved into the hospitality business. Inside sources divulged that the massive hotel is still under construction. Now the news making the rounds is that Ovia is proposing to build one of the biggest malls in Africa. Jim Ovia also owns Aquamarine, an exclusive boat club catering to Nigeria’s richest folks.

  • Jim Ovia stages high-octane wedding for daughter in London

    Those who attended the high-octane wedding of Isioma, daughter of former Managing Director of Zenith Bank, Jim Ovia, and Ola Olowu, the elder brother of radio and TV personality, Adesola Olowu, in London, will not forget the shindig in a hurry. The wedding proper took place at St. Mark’s Hamilton, Terrace, St. John’s Wood, while the reception was held at Savoy Hotel, London.

    It was indeed a grand day for the daughter of Jim Ovia and her husband, as the Visaphone chairman exploited his vast contacts to make their day as remarkable and grand as possible. Eminent socialites from Nigeria made the wedding their convergent point. Sumptuous local and international meals and choice drinks were served aplenty.

    Jim Ovia, the pioneer Managing Director of Zenith Bank, was a proud father as he ensured that everything went as planned. Those who should know say the newly-wed couple will soon add to the nation’s population.