The Nigerian Change (NGX) hosts a few of the nation’s most influential firms, many led by CEOs who do greater than oversee operations.
A choose group of those executives additionally stands out as main shareholders, combining managerial authority with important private stakes.
Massive shareholding by a CEO is usually seen as a sign of confidence in an organization’s long-term prospects.
It aligns the pursuits of administration with these of different shareholders, because the fortunes of each rise and fall collectively.
In markets like Nigeria’s, the place company governance and investor belief are fixed speaking factors, such possession constructions present added reassurance about accountability and decision-making.
On the similar time, the dimensions of their stakes not solely displays monetary energy but additionally hints on the degree of management they wield in steering firm insurance policies, methods, and development paths. This makes their positions distinctive when in comparison with executives whose private monetary publicity is proscribed.
Nairametrics has compiled this report utilizing the newest disclosures by firms on administrators’ shareholdings. The place out there, figures are drawn from Q2 2025 filings; in any other case, information from FY 2024 reviews have been referenced.
Collectively, the highest ten CEOs on the NGX maintain over 5.23 billion shares of their respective firms, spanning the monetary companies, insurance coverage, and conglomerate sectors.
Listed below are the highest ten CEOs of NGX-listed firms with the most important shareholdings of their firms.
Peter Ashade is the Chief Govt Officer of United Capital Plc, holding 6.56 million direct shares and 44.35 million oblique shares, bringing his complete shareholding to roughly 50.9 million shares.
Ashade’s complete shareholding of fifty.9 million represents 0.28% of United Capital’s complete shares of 18 billion.
- He’s an astute company government famend for his experience in execution, enterprise transformation, organizational technique, and management, with an illustrious profession spanning over 34 years in Nigeria’s monetary sector, together with greater than twenty years as Chief Govt of main monetary establishments.
- Ashade has in depth expertise in finance, with specialist information in retail enterprise growth, banking, and capital market operations, having participated in quite a few notable market transactions throughout all segments of the monetary markets.
He holds an MBA in Advertising from the College of Ife (now Obafemi Awolowo College), an MSc in Finance from the College of Lagos, and a BSc in Banking and Finance from Ogun State College (now Olabisi Onabanjo College).
Previous to becoming a member of United Capital Plc, Peter served as Managing Director/CEO of Africa Prudential Plc (previously UBA Registrars Restricted). He sits on the board of notable organizations and has been the Group Chief Govt Officer of United Capital Plc since his appointment in July 2018.
On the closing share worth of N19.3 on August 29, 2025, his 50.91 million shares are valued at roughly N982.53 million.
