Manager, Author at NOVA Merchant Bank Limited

DATAPRO® Affirms Nova Merchant Bank Limited’s Long-Term and Short-Term Issuer Ratings of “A+” and “A1” – Stable Outlook

DATAPRO® Affirms Nova Merchant Bank Limited’s Long-Term and Short-Term Issuer Ratings of “A+” and “A1” – Stable Outlook 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

Published: 30th Aug, 2022

NOVA Merchant Bank Announces Appointment of New Directors, Promotes 20% Workforce

NOVA Merchant Bank Announces Appointment of New Directors, Promotes 20% Workforce 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% of its workforce to various grade levels in the Bank. The three new appointees are expected

Published: 8th Aug, 2022

GCR affirms Nova Merchant Bank Limited’s National Scale Long and Short-term Issuer Ratings of BBB(NG)/A3(NG)

GCR affirms Nova Merchant Bank Limited’s National Scale Long and Short-term Issuer Ratings of BBB(NG)/A3(NG); Outlook Stable. 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 NOVA was rated on the basis of its strong capital

Published: 5th Aug, 2022

NOVA Merchant Bank Grew Earnings By 25.7% YOY, Reflecting Growth in Market Share

NOVA Merchant Bank Grew Earnings By 25.7% YOY, Reflecting Growth in Market Share Nova Merchant Bank Limited (“NOVA or “the Bank”), 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 advances to customers grew by 76.9% year-on-year to N88.38b

Published: 29th Jul, 2022

Future of Internal Audit in an Increasingly Digital World

Future of Internal Audit in an Increasingly Digital World – A Paper Presented at the 52nd Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) Held on June 23, 2022 at Lagos Oriental Hotel, Victoria Island, Lagos Protocols. The year 2020 saw the globe plunge into an unprecedented

Published: 27th Jul, 2022

Banking Auditors’ Conference hosted by NOVA Merchant Bank with EFCC and CBN in attendance

Banking Auditors’ Conference hosted by NOVA Merchant Bank with EFCC and CBN in attendance. NOVA Merchant Bank, a leading merchant bank in Nigeria hosted 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 theme ‘Future of internal

Published: 26th Jul, 2022

NOVA Merchant Bank to host Chief Audit Executives of Banks in Nigeria

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 which is themed “The Future of Internal Audit in an Increasingly Digital World”, will bring

Published: 14th Jun, 2022

NOVA Merchant Bank Commences N20bn Series 1 & 2 Commercial Paper Issuance

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 which opened on the FMDQ platform on Tuesday, February 8, 2022 has a tenor of

Published: 18th Feb, 2022

Shareholders Commend NOVA’s Growth Trajectory, Approve 800M Dividend

NOVA Merchant Bank held its 4th Annual General Meeting in Lagos where shareholders commended the board and management for its impressive performance over the years. At the meeting held on the 30th of June 2021 at the Head Office, No. 23 Kofo Abayomi Street Victoria Island, shareholders approved the payment of N800m as dividend for

Published: 14th Jul, 2021

NOVA Merchant Bank Lists Bond on the Nigerian Stock Exchange

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 gong ceremony held remotely with Mr. Nath Ude MD/CEO NOVA Merchant Bank, Mr. Olumide Bolumole Divisional Head Listings Business NGX Limited, Mr. Peter Ashade

Published: 11th Jun, 2021

Manager, Author at NOVA Merchant Bank Limited - Page 2 of 4

Contact Info