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Oduoza Archives - NOVA Merchant Bank Limited

Press Release – NOVA Merchant Bank Limited “Abridged Financial Statement 2019”

Lagos, Nigeria – March 2, 2020 NOVA Merchant Bank Limited -the ‘Bank’ – a full-service merchant bank releases its Audited 2019 Full Year  Financial Results, showing gross earnings of N5.87bn and Profit After Tax of N1.65bn. On March 2, 2020, NOVA Merchant Bank Limited – a full-service merchant bank, released its audited 2019 Full Year

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NOVA Merchant Bank Limited Rated Investment Grade by 2 Leading Rating Agencies

In furtherance of its plans to scale its operation this year, NOVA Merchant Bank Limited, in yet another milestone, has received an investment grade rating from both Agusto & Co (Bbb) and Global Credit Ratings (BBB-). The reasons given for the Bank’s rating include the strength of the Board and management team, robust capitalisation, prudent

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We’ll focus on expansion, says NOVA Merchant Bank chairman

Phillips Oduoza, Chairman NOVA Merchant Bank Limited, says the bank will focus on expansion in 2019. He made this known in a statement released by the bank announcing its N1.15 billion profit after tax for the year ended December 31, 2018. Oduoza said the N510.6 million increase from 2017 result was the benefit of the

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NOVA Merchant Bank declares N1.15b in profit after tax, continues to focus on scaling its business

NOVA Merchant Bank Limited declared a profit after tax of N1.15bn for the year ended 31st of December 2018, an increase from N510.6m in 2017, as it begins to reap the benefits of its investments in its operations, technology and people. This impressive result demonstrates the Bank’s growth trajectory which is expected to accelerate as

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NOVA Merchant Bank promotes a third of its staff

NOVA Merchant Bank has promoted about a third of its staff. The bank said those who were affected, had demonstrated exceptional performance in their responsibilities. It explained that the move was in fulfillment of its commitment to be the best place to work and its policy of rewarding deserving staff members, The promotions came amidst

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