See details as new bank finally commences operation in Nigeria, to rival Access, Zenith, UBA, others

The first commercial banking branch of NOVA Bank, formerly known as NOVA Merchant Bank, has opened at 18, Kofo Abayomi Street, Victoria Island, Lagos state.

The development marks the official start of the bank’s operations as a national commercial bank in the country.

The move also comes after the final license for the bank to start operating as a national commercial bank was approved by the Central Bank of Nigeria (CBN).

In addition to the recently constructed facility in VI, the bank announced that more new branches would open in Lagos, Abuja, Port Harcourt, and Kano soon.

Speaking at the opening of NOVA Bank’s commercial banking operations, Phillips Oduoza, the bank’s founder and chairman, emphasised the company’s steadfast dedication to providing outstanding customer service and keeping a focus on its clients.

Daily Trust reported that he also took the chance to reveal the ground-breaking “PHYGITAL” model, which he claimed to be NOVA’s trademark.

He said:

In the same vein, Wale Oyedeji, the managing director and chief executive officer of NOVA Bank, stated that for more than five years, NOVA has contributed to the prosperity of prominent corporations and affluent individuals by providing customised solutions that address their specific business requirements.

He said the bank is still dedicated to providing cutting-edge services and upholding its reputation as a top merchant bank even as it expands to serve a wider range of clients.

Esther Adino, the bank’s group head for retail and digital banking, also emphasised NOVA Bank’s creative financial options.

She said:

TimesNow.com.ng earlier reported that NOVA Merchant Bank Limited substantially increased its staff salaries.

The significant increment across all staff categories by the board of directors signified a strategic move, according to the bank.

It stated that the move cemented its commitment to workforce development, especially after the bank was okayed to transition into a commercial bank.

Proofreading by James Ojo Adakole, journalist and copy editor at TimesNow.com.ng.

Source: TimesNow.com.ng

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