NOVA Merchant Bank

NOVA Merchant Bank, a leading merchant bank in Nigeria, recorded $ 65.12 million in Foreign Direct Investments (FDIs) in 2023, a remarkable 76.1 per cent increase over the prior year's figure. It recorded $36 million in FDIs in 2022.…

NOVA Merchant Bank has sponsored 50 Pediatric Surgical Interventions as part of its 2023 Environmental, Social, and Governance (ESG) program within its UPLIFT initiative project. This initiative, conducted in partnership with the…

NOVA Merchant Bank has received approval from its shareholders to transform into commercial banking. The shareholders gave their approval during the company’s 6th Annual General Meeting in Lagos on Wednesday, where they agreed that the…

Funke Okoya, Executive Director, NOVA Merchant Bank has been appointed Chairperson, Women’s Empowerment Commission of the Women in Finance Nigeria. Okoya’s appointment was announced along with four other new executives at a recent…

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 is a result of its good financial strength, operating…

For its strong capitalisation, risk position, liquidity and revolving brand, Global Credit Rating has upgraded NOVA Merchant Bank’s Long Term Issuer Rating from BBB- to BBB with a stable outlook. The upgrade in the Bank’s rating comes…

NOVA Merchant Bank Limited has declared a profit after tax of N1.65 billion for the 2019 financial year representing an impressive 44 percent growth over N1.15 billion of the 2018 financial year. The result shows the bank achieved…

In fulfillment of its commitment to be the best place to work and its policy of rewarding hardwork,  NOVA Merchant Bank has promoted about a third of its staff who have demonstrated exceptional performance in their responsibilities.  These…

The Board of NOVA Merchant Bank has confirmed the appointment of Mr. Anya Duroha as the substantive Managing Director/Chief Executive Officer The Board’s confirmation made at its meeting of Thursday, December 6, 2018, is subject to the…