NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank. The bank has opened its first commercial banking branch at 18, Kofo Abayomi Street, Victoria Island.

This follows the Central Bank of Nigeria’s (CBN) approval of the final license for the Bank to commence operations as a National Commercial Bank.

Apart from the newly opened branch in VI, the bank announced that additional branches in Lagos, Abuja, Port Harcourt, and Kano, will follow shortly.

Speaking on the commencement of its commercial banking operations, Chairman and Founder of NOVA Bank, Phillips Oduoza, emphasised the Bank’s unwavering commitment to customer focus and delivering exceptional service.

He also seized the opportunity to introduce the innovative “PHYGITAL” model, which according to him, is a trademark of NOVA.

He said, “We are pleased to continue our tradition of excellence established as a merchant bank and further extend the banking experience to the retail end of the market. As we expand our services, we remain dedicated to delivering an unparalleled banking experience that seamlessly integrates the physical and digital realms.

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