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…

GCR upgrades NOVA Merchant Bank’s rating to BBB

Global Credit Rating has upgraded NOVA Merchant Bank’s Long Term Issuer Rating from BBB- to BBB with a stable outlook. The reasons given for the upgrade include the Bank’s strong capitalisation, risk position, liquidity and evolving brand. The upgrade in…

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…

Nigeria Customs Service appoints NOVA Merchant Bank duty collecting bank

NOVA Merchant Bank has been appointed as a designated collecting bank for Import, Excise and other duties by the Nigeria Customs Service. The bank said this will enable it handle duty payments for its clients in addition to process and…

NOVA Merchant Bank appoints Anya Duroha substantive MD/CEO

The Board of NOVA Merchant Bank has confirmed the appointment of Mr. Anya Duroha as the substantive Managing Director/Chief Executive Officer. The Board’s confirmation made at its meeting of Thursday, December 6, 2018, is subject to the approval of the…

Anya Duroha appointed NOVA Merchant Bank acting MD/ CEO

NOVA Merchant Bank Limited has announced the appointment of Mr. Anya Duroha as the bank’s Acting Managing Director/Chief Executive Officer. A statement from the bank Monday said the appointment is subject to approval of the Central Bank of Nigeria (CBN)…

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