Tuesday , 17 February 2026
Home Business Zenith Bank denies Jim Ovia’s alleged link to fake investment scheme
BusinessLocalNews

Zenith Bank denies Jim Ovia’s alleged link to fake investment scheme

Jim Ovia
Jim Ovia

Zenith Bank Plc has issued a stern warning against a circulating video and manipulated images falsely linking its Group Chairman, Jim Ovia, to a fraudulent investment scheme known as “Wealth Bridge.”

The bank clarified the matter in a statement shared via its official X (formerly Twitter) account on Tuesday.

According to the statement, the video, reportedly shared from a Facebook account named “Greece Island,” invites members of the public to invest in the so-called scheme, promising weekly returns of up to N2 million on an initial N380,000 investment. The clip also misleadingly claims approval from the Central Bank of Nigeria (CBN).

Zenith Bank described the claims as “entirely false” and urged the public to ignore them. The statement emphasized that the Group Chairman, the bank, and all its affiliates have no connection to the fraudulent scheme.

The bank further warned that the video redirects unsuspecting viewers to an alleged Arise News webpage with registration portals for signups, cautioning that these communications are fraudulent.

“Members of the public are hereby advised to disregard these fraudulent communications.

“This claim is entirely false and has no connection whatsoever to the Group Chairman, the bank, or any of its affiliate companies.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Y’ellopreneur: MTN Foundation sign strategic MoU with Bank of Industry for Female Entrepreneurs

The MTN Foundation (MTNF) has officially signed a Memorandum of Understanding (MoU)...

Six travellers abducted in Benue

Suspected bandits have abducted at least six travellers along the Naka–Makurdi road...

Dangote signs $400M equipment deal to fast track refinery expansion

Dangote Group has signed a $400 million construction equipment agreement with XCMG...

EFCC detains El-Rufai in Abuja over alleged misappropriation of N423B

Former Kaduna State Governor, Nasir El-Rufai, was detained at the headquarters of...