NOVA Bank, a leading merchant bank in Nigeria, has sponsored a Pediatric Surgical Intervention, as part of its 2023 Environmental, Social and Governance (ESG) program, specifically within its UPLIFT initiative project. This initiative, conducted in partnership with the Association of Paediatric Surgeons of Nigeria (APSON), positively impacted 50 indigent child...
NOVA Bank has received approval from its shareholders to transition into commercial banking license. The shareholders gave their unanimous approval during the company’s 6th Annual General Meeting in Lagos on Wednesday, where they agreed that the bank remains well-positioned to sustain and build upon its growth legacy. At the meeting,...
NOVA Bank Limited has announced its audited results for the full year ended December 31, 2022, showing outstanding performance and significant growth across all its indicators on the back of innovative offerings and exceptional customer service. Notably, the Group continues to gain market share, a reflection of its steady penetration...
NOVA Bank, the leading Bank in Nigeria, has pledged to promote gender equality by supporting women who embrace technology skills, especially in our ever-evolving world. This commitment was made during the 2023 NOVA International Women’s Day (IWD) conference held recently, at the Bank’s headquarters in Lagos. The IWD conference is...
NOVA Bank has supported Blind and Partially Sighted Kids from Pacelli School. As part of its efforts towards commemorating the International Day of Persons with Disabilities, NOVA Bank visited the Pacelli School for the Blind and Partially Sighted, Surulere, Lagos, last Thursday, donating valuable goods and materials worth millions of...
Agusto & Co. has affirmed NOVA Bank Limited’s rating of Bbb with a Stable Outlook. The rating Agency maintained that the bank was rated based on its sound capitalization, strong liquidity profile and good credit management with a low level of non-performing loans. Stating the rationale for the rating, Agusto...
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 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...
NOVA Bank Announces Appointment of New Directors, Promotes 20% Workforce NOVA 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...
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 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...
NOVA 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...
