• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, August 26, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

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

by BUKOLA ARO-LAMBO
2 years ago
in Business
NOVA
Share on WhatsAppShare on FacebookShare on XTelegram

NOVA Merchant Bank’s subsidiary, NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics,  based on data from the Securities & Exchange Commission (SEC).

Advertisement

SEC had reported that a total of 21 dollar funds registered during the review period averaged an impressive 8.5 per cent return, and all funds within this category achieved positive returns in 2023, with NOVAmbl Asset Management’s Dollar Fixed Income Fund emerging as the best-performing.

The recognition goes ahead to affirm the Bank’s expertise in navigating the complexities of the market and its ability to optimise investments for maximum returns

NOVA Merchant Bank, in a statement, said its dedication to excellence and commitment to delivering consistent returns have positioned NOVAmbl Asset Management at the forefront of the Asset management landscape in Nigeria.

Recently, NOVA Merchant Bank Limited, the parent company of NOVAmbl Asset Management announced that it is set to begin its conversion to full Commercial Banking Business following its recent requisition of the national commercial banking licence from the relevant authorities.

RELATED

Malabu Oil: Abacha Family Wants Minister To Withdraw Claims On Court Cases

Global Oil & Gas Contracts Up By $7bn In Q2

40 minutes ago
Fadaella Foods To Capture Nigerian Market With New Products

Fadaella Foods To Capture Nigerian Market With New Products

40 minutes ago
ADVERTISEMENT

To this end, the bank  appointed Adebowale Oyedeji, as the new managing director and chief executive officer to effectively stir its operations and deliver on its new mandate.

In another major development, NOVA Merchant Bank not long ago announced a substantial increase in staff salaries by up to 50% for all staff, another resounding indication of the Bank’s commitment to its workforce.

NOVA Merchant Bank Limited is an investment grade rated merchant bank in Nigeria that offers an integrated suite of financial solutions covering Financial Intermediation, Wholesale and Investment Banking, Asset and Securities Management, Trade Services, Cash Management, Transaction and Digital Banking.

ADVERTISEMENT

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Nova Merchant bank
SendShare10174Tweet6359Share
ADVERTISEMENT
Previous Post

Mutual Benefits Assurance Promises Policyholders Affordable Insurance Coverage

Next Post

Capability Building, Others Top Agenda As FG Moves To Reform ARCN

BUKOLA ARO-LAMBO

BUKOLA ARO-LAMBO

You May Like

Malabu Oil: Abacha Family Wants Minister To Withdraw Claims On Court Cases
Business

Global Oil & Gas Contracts Up By $7bn In Q2

2025/08/26
Fadaella Foods To Capture Nigerian Market With New Products
Business

Fadaella Foods To Capture Nigerian Market With New Products

2025/08/26
Africa Prudential Records 75% PBT Growth, N41.35bn Assets In H1
Business

Africa Prudential Records 75% PBT Growth, N41.35bn Assets In H1

2025/08/26
FG, Imo, NDPHC Seek Speedy Completion Of Egbema Power Plant
Business

Kano Manufacturers Engage NDPHC On Direct Power Supply

2025/08/26
Insurance Firms Begin Self-prescribed Recapitalisation As Minimum Capital Controversy Rages
Business

New Law Offers N2m Medical Compensation For Uninsured Accident Victims

2025/08/26
CIIN Emphasises Importance Of Unity In Insurance Industry
Business

CIIN Emphasises Importance Of Unity In Insurance Industry

2025/08/26
Leadership Conference advertisement

LATEST

JUST-IN: Japan Denies Plans To Create Special Visas For Nigerians

Africa Worst-hit As UN Warns 2 Billion People Still Lack Safe Drinking Water

Niger East Senator Offers Scholarship To 200 Students To Study Abroad

Benue Juice Factory Will reduce Post-Harvest Losses Of Citrus – MD BIPC

Global Oil & Gas Contracts Up By $7bn In Q2

Fadaella Foods To Capture Nigerian Market With New Products

Africa Prudential Records 75% PBT Growth, N41.35bn Assets In H1

Kano Manufacturers Engage NDPHC On Direct Power Supply

New Law Offers N2m Medical Compensation For Uninsured Accident Victims

CIIN Emphasises Importance Of Unity In Insurance Industry

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.