• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, October 2, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Access Bank CEO, Ogbonna, Buys £15m Mansion In London – Bloomberg

by Leadership News
2 hours ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The chief executive officer of Access Bank Plc, Roosevelt Ogbonna, has bought a mansion for £15 million ($20 million) on a street in London’s Hampstead neighbourhood nicknamed Billionaires’ Row, marking a rare transaction in the city’s beleaguered luxury housing market.

A report on Wednesday by Bloomberg said Ogbonna, who has been the boss of Nigeria’s largest bank by assets for over three years, purchased the sprawling mansion in August, according to a UK filing.

According to London’s City AM newspaper, the house, which has a spa and an entertainment suite, was listed for £17 million as recently as 2021.

Advertisement

A representative for Ogbonna, one of Nigeria’s well-known bankers, didn’t respond to a request for comment.

The deal, one of London’s most expensive this summer, is the latest example of high-end homes sold at steep discounts in the UK capital this year after stamp duty increases and the abolition of a preferential tax status enjoyed by ultra-rich foreign residents hammered demand. Data from researcher Lonres shows that there were 45 per cent more price reductions on £5 million-plus properties between January and May than the same period last year.

Still, a handful of mega-deals defied the slump this year, including several transactions involving wealthy foreigners. A member of the multibillionaire family behind Thomson Reuters Corp. agreed to buy a high-end London apartment for about £25 million earlier this year, while Silicon Valley investor Matt Cohler bought a detached house in Notting Hill for roughly £22 million at the end of April.

RELATED NEWS

IHS Partners Firm On Clean Energy Health In FCT

Experts To Promote Digital Sovereignty At Tech Convergence

NAICOM Eyes Capital Upgrade For Takaful, Microinsurance Firms

Lagos Chamber of Commerce, Afreximbank Partner To Support Nigerian SMEs

Ogbonna leads Access Bank, which is on an ambitious five-year growth plan to double its share of assets outside its home market by 2027. It ranks among Africa’s five biggest banks. It has operations in about 24 countries, including the United Arab Emirates and the UK, servicing more than 63 million customers in three continents.

The banker resigned as a non-executive director of the lender’s parent company, Access Holdings Plc, in August, but remains CEO of the bank.

Join Our WhatsApp Channel

ads

SendShare10174Tweet6359Share
Leadership News

Leadership News

OTHER NEWS UPDATES

IHS Partners Firm On Clean Energy Health In FCT
News

IHS Partners Firm On Clean Energy Health In FCT

41 minutes ago
Experts To Promote Digital Sovereignty At Tech Convergence
News

Experts To Promote Digital Sovereignty At Tech Convergence

48 minutes ago
News

NAICOM Eyes Capital Upgrade For Takaful, Microinsurance Firms

1 hour ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

NEM Chair Pledges Commitment To Insurance Growth

40 minutes ago

PalmPay Rewards Hustle Grant Beneficiaries With N2m

41 minutes ago

IHS Partners Firm On Clean Energy Health In FCT

41 minutes ago

Stakeholders Advocate Strategic Investment In Tech Talent Ecosystem

46 minutes ago

Experts To Promote Digital Sovereignty At Tech Convergence

48 minutes ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.