NOVA Merchant Bank has received unanimous approval from its shareholders to transition into commercial banking. The decision, according to a statement, was made during the bank’s 6th Annual General Meeting in Lagos on Wednesday, where the Board of Directors unveiled…
NOVA Merchant Bank begins N20b 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 in a…
NOVA Merchant Bank lists Bond on NSE
NOVA Merchant Bank recently concluded the listing of its N10 billion 7-Year Subordinated Unsecured Bond on the Nigeria Stock Exchange (NSE). This milestone was marked by the Bank partaking in the closing gong ceremony held remotely with Mr Nath Ude…
NOVA Merchant Bank Bond reaffirmed as “A” rated
In recognition of the strong underlying fundamentals driving its business, Datapro reaffirmed an “A” rating on NOVA Merchant Bank’s N10 billion 7-Year Subordinated Unsecured Bond issued under its N50 billion debt issuance programme. The bond has a fixed coupon rate…
