Emeka Oduoza, the son of chairman of NOVA Merchant Bank, has passed on, aged 27. Emeka, a promising investment banker, died at the weekend in New York, United States. Until his death, Emeka was a reputable and valued member of…
Shareholders approve NOVA Merchant Bank’s transition into commercial banking
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 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…
NOVA Merchant Bank Limited declares N1.15bn in profit after tax
NOVA Merchant Bank Limited has declared a profit after tax of N1.15bn for the year ended December 31, 2018, an increase from N510.6m in 2017, as it begins to reap the benefits of its investments in its operations, technology 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)…
Oduoza urges aspiring business leaders to be courageous, resilient
In order to start and build a successful business, aspiring entrepreneurs and business owners have been advised to be courageous and resilient, two necessary conditions for overcoming obstacles critical to business growth and success. The Chairman of NOVA Merchant Bank…