Press Releases

Nova Bank Opens Regional Office, Poised To Redefine Banking Landscape And Economic Growth Across The South-East/ South- South.

Imo State Governor, Senator Hope Uzodinma, has announced the State Government’s commitment to provide land for the development of NOVA Bank’s regional head office for South-East/South-South region in Owerri, marking a significant milestone in the Bank’s long-term dominance in the region.

Published: 23rd December, 2025

NOVA Bank Refines Strategy for Organic Growth, Reaffirms Commitment to Branch Expansion.

To Open Owerri, Abuja, Port Harcourt in coming weeks.
Reaffirms BBB rating, Asserting Bank's healthy liquidity profile, improving earnings, sound asset quality.

Published: 5th August, 2025

NOVA Bank Launches *682# USSD Code

Following the successful rollout of our iconic Phygital Mobile Banking App and Card product, the Bank is proud to announce the launch of its USSD code *682#, further simplifying banking for customers across Nigeria.

Published: 27th May, 2025

A message from the Chairman

NOVA has transitioned into a full-fledged Commercial Bank. We are now known as NOVA Commercial Bank Limited, operating under the brand name NOVA Bank. For over half a decade, we have been a driving force, supporting Top Businesses and High Net Worth Individuals.

Published: 13th Feb, 2025

NOVA Bank Achieves Global Cybersecurity Milestone with ISO 27032 Certification

NOVA Bank Achieves Global Cybersecurity Milestone with ISO 27032 Certification NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction. The

Published: 28th Nov, 2024

NOVA Bank Partners with the Nigeria Cup Golf Tournament to Champion Golfing Excellence

NOVA Bank Partners with the Nigeria Cup Golf Tournament to Champion Golfing Excellence NOVA Bank has reaffirmed its commitment to the well-being and interests of high-net-worth individuals by sponsoring the 27th Nigeria Cup Golf Tournament. Hosted at the prestigious Ikoyi Golf Club 1938, the annual tournament for 2024 took place from, September 21st, to Saturday,

Published: 30th Sep, 2024

NOVA Bank Appoints New Executive Directors

NOVA Bank Appoints New Executive Directors NOVA Bank has announced the appointment of David Isiavwe as Executive Director, Operations and Information Technology, and Chinwe Iloghalu as Executive Director, Institutional and Commercial Banking. These appointments are part of NOVA Bank’s plan to strengthen its leadership team as the Bank continues its innovative journey, following its recent

Published: 23rd Sep, 2024

NOVA Bank Commences Operations as a National Commercial Bank

NOVA Bank, formerly known as NOVA Merchant Bank, announces the commencement of its operations as a National Commercial Bank. This momentous occasion is marked by the opening of its first commercial banking branch at 18, Kofo Abayomi Street, Victoria Island. This milestone follows the CBN’s approval of the final license for the Bank to commence

Published: 4th Jul, 2024

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023 NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). NOVAmbl Asset Management is a subsidiary of NOVA Bank.

Published: 25th Jan, 2024

NOVA Bank Announces Major Increase in Staff Salaries, Commences 2024 Graduate Trainee Program

NOVA Bank Announces Major Increase in Staff Salaries, Commences 2024 Graduate Trainee Program NOVA Bank Limited, a leading merchant bank in Nigeria, has announced a substantial increase in staff salaries, effective November 1, 2023. The increase in salary by up to 50% across all staff categories by the Board of Directors is a strategic move which

Published: 15th Jan, 2024

NOVA Bank set to Begin Commercial Banking, Appoints Adebowale Oyedeji as MD/CEO

NOVA Bank set to Begin Commercial Banking, Appoints Adebowale Oyedeji as MD/CEO NOVA Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following its recent requisition of the national commercial banking license from the relevant authorities. To this end, the Bank

Published: 1st Jan, 2024

NOVA Bank Partners with Ikoyi Club (Golf Section) to Sponsor the 2023 Annual Nigerian Cup Golf Tournament

NOVA Bank Partners with Ikoyi Club (Golf Section) to Sponsor the 2023 Annual Nigerian Cup Golf Tournament NOVA Bank, a leading merchant bank in Nigeria, has reaffirmed its commitment to the well-being of high-net-worth individuals through its recent sponsorship of the 26th Nigeria Cup Golf Tournament. The tournament, hosted at the prestigious Ikoyi Golf

Published: 9th Oct, 2023

NOVA Bank Uplifts 50 Young Lives Through Paediatric Surgical Intervention

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 patients at Lagos State University

Published: 29th Sep, 2023

NOVA Bank Receives Shareholders Nod for Full Commercial Banking License.

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, the company’s Board of Directors

Published: 20th Jul, 2023

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