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Home » Out of banking, Jim Ovia finds another love
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Out of banking, Jim Ovia finds another love

Tunde Ayanda
June 20, 2026
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For decades, Jim Ovia was synonymous with banking excellence, building Zenith Bank into one of Africa’s most respected financial institutions and establishing himself as one of Nigeria’s most influential businessmen. Today, however, the billionaire entrepreneur appears to have found a new passion—real estate development.

Away from the boardroom and the world of banking, Ovia is reportedly putting the finishing touches to a landmark luxury real estate project in Lagos, a development that is already generating excitement among investors and high-net-worth individuals.

The project, known as Metropolitan Towers, is a stunning 25-floor waterfront apartment complex designed to redefine luxury living in Nigeria’s commercial capital. Located in one of Lagos’ premium districts, the development is expected to offer residents breathtaking views, world-class amenities and an exclusive lifestyle experience befitting global standards.

Industry insiders say the project reflects Ovia’s long-term vision and his belief in the growing potential of Nigeria’s high-end property market. The luxury tower is expected to cater to discerning homeowners and investors seeking premium waterfront residences in Lagos.

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For many observers, the venture is another testament to the businessman’s ability to identify opportunities beyond his traditional comfort zone. Having conquered the banking sector, Ovia is now positioning himself as a significant player in the luxury real estate space.

Those familiar with the project describe it as one of the most ambitious private residential developments currently nearing completion in Lagos, further cementing Ovia’s reputation as a builder of enduring institutions and landmark projects.

As construction enters its final stages, anticipation continues to build around Meropolitan Towers, with many already predicting that the development will become one of the city’s most sought-after addresses.

From banking halls to waterfront skyscrapers, Jim Ovia’s entrepreneurial journey continues to evolve, proving that for visionaries, success is never confined to a single industry.


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