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NOVA Prime Money Market Fund

Earn competitive interest rates with quick access to your investment.

NOVA Prime Money Market Fund

Earn competitive interest rates with quick access to your investment.

NOVA Prime Money Market fund is a  low-risk fund that offers convenient income and liquidity. It allows you to earn competitive interest rates with quick access to your investment. NOVA Prime Money Market features Treasury bills and other Money Market Instruments. It is suitable for individual investors, HNI, organizations, institutions, cooperatives and the informal sector.

Documentation Requirements

Individual
  • Utility bill
  • Identity card
  • Passport photograph
 
Corporate
  • Operating License.
  • Certificate of Incorporation.
  • Form CO7 – Particulars Directors.
  • Form CO2 – Allotment of Shares
  • Board resolution, authorising the investment relationship and signatories.
  • Two recent passport-size photographs of signatories
  • BVN of signatories.
  • Valid proof of identity
  • Utility bill of all signatories
  • Tax Identification number

Objectives Capital preservation
Terms Short Term
Market/Investment Instrument Treasury bills, short term bonds, commercial paper
Target Customer Segment Mass market
HNI
Organisations
Institutions
Cooperatives
Informal sector
Minimum Initial Investment ₦10,000.00
Minimum Additional Investment ₦10,000.00
Denomination NGN
Risk Level Low
Income Daily interest

News Articles

DATAPRO® Affirms Nova Merchant Bank Limited’s Long-Term and Short-Term Issuer Ratings of “A+” and “A1” – Stable Outlook
August 30th, 2022

DATAPRO® Affirms Nova Merchant Bank Limited’s Long-Term and...

DATAPRO® Affirms Nova Merchant Bank Limited’s Long-Term and Short-Term Issuer Ratings of “A+” and “A1” -...
NOVA Merchant Bank Announces Appointment of New Directors, Promotes 20% Workforce
August 8th, 2022

NOVA Merchant Bank Announces Appointment of New Directors,...

NOVA Merchant Bank Announces Appointment of New Directors, Promotes 20% Workforce   NOVA Merchant Bank, a...
GCR affirms Nova Merchant Bank Limited’s National Scale Long and Short-term Issuer Ratings of BBB(NG)/A3(NG)
August 5th, 2022

GCR affirms Nova Merchant Bank Limited’s National Scale...

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