• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, August 5, 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

Mixed Performance On Equities Expected This Week

Earnings Optimism Triggers N4.32trn Equities Gain In 5 Days

17 hours ago
Cadbury Nigeria Records N55bn Revenue In 2022

Cadbury Nigeria Records N14.54bn Pre-tax Profit In H1

17 hours ago

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.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Nova Merchant bank
SendShareTweetShare
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

Mixed Performance On Equities Expected This Week
Business

Earnings Optimism Triggers N4.32trn Equities Gain In 5 Days

2025/08/04
Cadbury Nigeria Records N55bn Revenue In 2022
Business

Cadbury Nigeria Records N14.54bn Pre-tax Profit In H1

2025/08/04
MTN Allots Incentive Shares, As Trading Opens With N4bn Loss
Business

MTNN Posts N414.9bn Profit After Tax In H1

2025/08/04
ASSBIFI Link Forex Rise On Unpatriotism Of Nigerians
Business

Despite Optimism, Forex Inflow Declines By 20.9% In July

2025/08/04
JUST-IN: Inflation In Nigeria Rises Further To 21.91%
Business

Easing Inflation, Currency Stability Prompted IMF’s Nigeria Growth Upgrade – Analysts

2025/08/04
NOVA
Business

Consumers To Access N100m Mortgage Loans In FCMB

2025/08/04
Leadership Conference advertisement

LATEST

Campaigns For 2027 Totally Illegal, Diversionary — Falana

Trump Knocks India Over Russian Oil Trade, Vows Higher Tariff

2027: No Party Can Win Oyo Aside PDP — Makinde

‘Tinubu’s Harsh Economic Policies Have Erased Nigeria’s Middle Class’, Says Falana

Trade, Investment Flourish As UAE-Nigeria Relations Strengthened

Flooding: Borno Needs Modern Drainages, Not Overhead Bridges, Chinedumuije Tells Zulum

Lagos Gov’t Allays Fears As Flood Sacks Residents After Rainfall

WAFCON: Aiyedatiwa Gives Super Falcons’ Tosin Demehin N30m, House

Gov Sani Effects Minor Cabinet Reshuffle In Kaduna

JUST-IN: Tinubu Rewards D’Tigress With OON Honours, $100k Each, Houses

© 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.