15 results
- 5 Oct 2020
NOVA Merchant Bank Appoints Ude as Acting MD/CEO
A NOVA Merchant Bank has appointed Mr. Nath Ude as its Acting Managing Director/Chief Executive Officer effective October 3, 2020 subject to approval by the Central Bank of Nigeria. Mr. Nath Ude Nath…
- 8 Jun 2021
NOVA Merchant Bank Lists Bond on NGX
NOVA Merchant Bank recently concluded the listing of its N10 billion 7-Year Subordinated Unsecured Bond on the Nigeria Stock Exchange. This milestone was marked by the Bank partaking in the closing…
- 18 Apr 2023
NOVA Merchant Bank Doubles Earnings, Reflecting Exceptional Service, Innovative Offering
NOVA Merchant Bank Limited has announced its audited results for the full year ended December 31, 2022, showing outstanding performance and significant growth across all its indicators on the back of…
- 10 Feb 2022
NOVA Merchant Bank Registers N50Bn CP on FMDQ Exchange
FMDQ Securities Exchange Limited has approved the registration of the NOVA Merchant Bank Limited N50.00 billion Commercial Paper (CP) programme on its platform, following the due diligence of its…
- 1 Jan 2024
NOVA Merchant Bank Set to Begin Commercial Banking, Appoints Oyedeji as MD/CEO
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following its recent requisition of the…
- 18 Apr 2021
Nova Merchant Bank’s Growth Trajectory Continues as it Posts N3.52Bn Profit
Nova Merchant Bank Limited has released its audited results for the financial year ended December 31st 2020, recording impressive growth across its major financial lines. The Bank declared a profit…
- 25 Aug 2022
DataPro Affirms Nova Merchant Bank ‘A+’ Rating
DataPro, the Technology-driven credit rating agency, says it has in its latest report affirmed Nova Merchant Bank Limited’s long-term rating to “A+” with a stable outlook for the year 2021/2022. The…
- 24 May 2021
GCR Upgrades NOVA Merchant Bank’s Rating
Global Credit Rating (GCR) has upgraded NOVA Merchant Bank’s Long Term Issuer Rating from BBB- to BBB with a stable outlook. The reasons given for the upgrade include the Bank’s strong…
- 7 Aug 2022
Nova Merchant Bank Appoints New Directors, Promotes 20 Per Cent Workforce
NOVA Merchant Bank has announced the appointment of two independent non-executive directors and one non-executive director. This is just as it promoted about 20% of its workforce to various grade…
- 13 Dec 2020
NOVA Wins ‘Bond Offering of the Year’ @ BAFI Awards
NOVA Merchant Bank has emerged the winner of the ‘Bond Offering of the Year’ prize at the BusinessDay Bank and other Financial Institutions (BAFI) awards. It clinched the prize for its extremely…
- 7 Jun 2021
NGX Lists Nova Merchant Bank’s N10Bn Bond
Nigerian Exchange Limited commemorated the listing of Nova Merchant Bank Plc’s N10billion Bond on Thursday, 3 June 2021 with a digital Closing Gong ceremony. The bond listed is the NOVAMBL…
- 31 Jul 2022
NOVA Merchant Bank Grows Earnings by 25.7 Per Cent YoY, Reflecting Growth in Market Share
NOVA Merchant Bank Limited has announced its Audited Full Year 2021 financial results, showing an impressive 25.7% year-on-year growth in gross earnings to N17.03b (2020: N13.55b), as loans and…
- 20 Jul 2023
NOVA Merchant Bank Receives Shareholders Nod for Full Commercial Banking License
NOVA Merchant Bank has received approval from its shareholders to transition into a commercial banking license. The shareholders gave their unanimous approval during the company’s 6th Annual General…
- 26 Sept 2023
NOVA Merchant Bank Uplifts 50 Young Lives through Pediatric Surgical Intervention
NOVA Merchant Bank, a leading merchant bank in Nigeria, has sponsored a Pediatric Surgical Intervention, as part of its 2023 Environmental, Social and Governance (ESG) program, specifically within…
- 18 May 2021
NOVA Merchant Bank Bond Reaffirmed as “A” Rated
Datapro reaffirmed an “A” rating on the NOVA Merchant Bank’s N10 billion 7-Year Subordinated Unsecured Bond issued under its N50 billion debt issuance programme. The bond has a fixed coupon rate of…