The shareholders of Nova Merchant Bank gave their approval during the company’s 6th Annual General Meeting (AGM) in Lagos recently where they agreed that the bank remains well-positioned to sustain and build upon its growth legacy. At the meeting, the…
By David Awoyemi NOVA Merchant Bank Limited released a statement of its gross earnings, rose by 37.01 per cent year on year to N23.34 billion as of the end of 2022 financial period from N17.03 billion in 2021FY. The bank…
NOVA Merchant Bank, a leading Merchant Bank in Nigeria, is set to sponsor the 25th Nigeria Cup Golf Tournament which will hold between September 24, 2022 and October 1, 2022, at the Ikoyi Golf Club, Lagos. The Nigeria Cup is…
DataPro, the Technology-Driven Credit Rating Agency has affirmed NOVA Merchant Bank Limited’s Long-Term rating of A+ and short-Term ratings of A1 with Stable Outlook. The rating agency explained that the bank was rated as a result of its good financial…
Nova Merchant Bank, a leading merchant bank in Nigeria has announced the appointment of two Independent Non-Executive Directors and one non-Executive Director as it elevates about 20 per cent of its workforce to various grade levels in the Bank. The…
NOVA Merchant Bank, a leading merchant bank in Nigeria will be hosting the 52nd Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria on Thursday, 23 June 2022 at the Oriental Hotel in Lagos. The meeting…
NOVA Merchant Bank, a leading merchant bank in Nigeria, has announced that its N20 billion Series 1 & 2 Commercial Paper issuance under the Nova Merchant Bank Limited N50 billion CP Programme is now open. The company said the offer…
The Managing Director/Chief Executive Officer, NOVA Merchant Bank, Mr Nath Ude, says FMDQ Securities Exchange Ltd., has approved the registration the bank’s N50 billion Commercial Paper (CP) Programme on its platform. This is contained in a statement by FMDQ Securities…
By Kayode Tokede In recognition of the strong underlying fundamentals driving its business, Datapro reaffirmed an “A” rating on the Bank’s N10 billion 7-Year Subordinated Unsecured Bond issued under its N50 billion debt issuance programme. The bond has a fixed…
