30 results
- 3 Aug 2022
Global Credit Rating Affirms NOVA Merchant Bank’s Bbb, A3 Ratings
Global Credit Rating has affirmed NOVA Merchant Bank Limited’s national scale long and short-term ratings of BBB(NG) and A3(NG) respectively, with a Stable Outlook. The ratings agency explained that…
- 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…
- 26 Nov 2024
NOVA Bank Earns ISO 27032 Certification, Reinforcing Cybersecurity Commitment
NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification.…
- 17 Feb 2026
Terra Moves to Expand in African Drone Sector, Secures $22m Funding
Olugbenga Agboola, Flutterwave CEO has joined a $22 million funding extension for Nigerian defensetech start-up Terra Industries as Africa’s fast-growing drone and security technology sector begins…
- 13 Jan 2026
Nigerian Terra Industries Secures $11.8m for Expansion
Terra Industries, a Nigerian defence technology startup, has raised $11.75 million to expand its development of defensive systems that protect critical facilities across Africa. The fundraising round…
- 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…
- 15 Mar 2026
Nova Bank Appoints Jude Anele as Managing Director/CEO
NOVA Bank Limited has announced the appointment of Jude Anele as its Managing Director and Chief Executive Officer, following the approval of the Central Bank of Nigeria. Jude Anele The appointment…
- 14 Apr 2019
NOVA Merchant Bank Rated Investment Grade by 2 Leading Rating Agencies
NOVA Merchant Bank Limited, in yet another milestone, has received an investment grade rating from both Agusto & Co (Bbb) and Global Credit Ratings (BBB-). This is in furtherance of its…
- 4 Aug 2025
NOVA Bank Deepens Market Presence with New Branches and Regional Focus
NOVA Bank has announced its intention of a strategic shift in its operating license from a national to a regional authorisation, a move, which according to the Bank is aimed at optimising operational…
- 9 Mar 2020
Nova Pledges More Support for Female-owned Businesses
Nova Merchant Bank at the weekend organised a sensitisation programme with the theme: “I am generation equality,” in line with the global celebration of the International Women’s Day At the forum,…
- 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…
- 27 Jul 2020
Nova Merchant Bank’s Debut N10Bn Bond Oversubscribed by 300 Per Cent
Nova Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond under its N50 billion debt issuance programme. The…
- 14 Mar 2024
NOVA Merchant Bank Attracts $65.12m FDI in 2023
NOVA Merchant Bank, a leading merchant bank in Nigeria, has firmly established its presence in Nigeria’s banking landscape and beyond as it has achieved a remarkable 76.1% increase in Foreign Direct…
- 10 Aug 2020
Nova Merchant Bank Leverages on Technologies to Deliver World Class Services- MD
Nova Merchant Bank is leveraging on technologies to deliver world class end to end financial services solutions covering corporate banking, investment banking and so on, according to Anya Duroha,…
- 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…
- 2 Feb 2018
Oduoza, Former UBA Boss Floats Nova Merchant Bank
Phillips Oduoza, quintessential banker and former group managing director of the United Bank for Africa (UBA), has launched Nova Merchant Bank. Nova Merchant Bank has already designed…
- 12 Feb 2024
NITDA Pledges Support for Startups, Artificial Intelligence
Inuwa Kashifu Abdullahi, director general, National Information Technology Development Agency (NITDA), has pledged the government’s continued commitment to supporting startups in the country with…
- 31 Oct 2021
SEC Urges Credit Rating Agencies to Focus on Investor Protection
The Securities & Exchange Commission (SEC) has admonished Credit Rating Agencies (CRAs) operating in Nigeria to focus on investors’ protection in all their dealings, services and activities…
- 26 Mar 2026
QNET Spotlights Safe Household Water for Health on World Water Day
As the world marks World Water Day 2026 under the theme “Water and Gender,” QNET, global lifestyle and wellness-focused direct-selling company, is drawing attention to the importance of safe drinking…
- 30 Mar 2020
NOVA Merchant Bank Supports Fight against COVID-19 with Relief Materials
NOVA Merchant Bank has announced a donation of various relief materials to the vulnerable sector in Lagos. This is in response to the fight against the Coronavirus (COVID-19) pandemic. Phillips…
- 5 Feb 2018
Nova Merchant Bank Raises Hope for Corporate, Trade Financing
The re-entry of merchant banks into the Nigerian financial landscape, according to analysts, raises hope for corporate and trade financing. Philips Oduoza, chairman, Nova Merchant Bank Limited…
- 7 Dec 2016
Huawei Nova Smartphone to Launch in Africa in Feb 2017
Huawei has revealed that the launch of its Nova smartphone device to the African market early in Q1 2017 represents a focused effort to retain and build on recent gains in market share. The latest…
- 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…
- 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…
- 14 Jan 2024
NOVA Merchant Bank Increases in Staff Salaries by 50 Percent
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced a substantial increase in staff salaries, effective November 1, 2023. Mr. Wale Oyedeji, MD/CEO, Nova Merchant Bank The…
- 21 Mar 2024
Safeguarding the Source: World Water Day and the Crucial Role of Home Water Filters
As we commemorate World Water Day, the global focus on the significance of fresh water highlights the urgent water challenges confronting our planet. With escalating scarcity and pollution…
- 22 Sept 2024
NOVA Bank Announces Appointment of Isiavwe, Iloghalu as Executive Directors
NOVA Bank has announced the appointment of David Isiavwe as executive director, Operations and Information Technology, and Chinwe Iloghalu as executive director, Institutional and Commercial Banking.…
- 12 Oct 2023
QNET Celebrates 25 Years with Epic Global Event, Product Launches, and a Green Commitment
QNET, the global wellness and lifestyle-focused direct-selling company celebrated its 25th anniversary with a spectacular double convention in Penang, Malaysia. The milestone event brought together a…
- 30 Nov 2025
QNET Highlights Innovative Wellness Solutions @Lagos Product Exhibition
Leading direct selling company QNET held a product exposition on Saturday, November 29, 2025, spotlighting a broad spectrum of innovative lifestyle, wellness, and educational offerings designed to…
- 18 Jul 2016
CNN MultiChoice Announces African Journalist 2016 Finalists
Finalists in the prestigious CNN MultiChoice African Journalist 2016 Competition were announced today by Ferial Haffajee, Chair of the independent judging panel. This year, the competition received…