Nigeria: Nova Records N1.65 Billion Profit

5 March 2020

Nova Merchant Bank Limited has released its audited 2019 full year financial results which showed that its profit after tax increased by 44 per cent, to N1.65 billion, compared to the N1.15 billion recorded the previous year.

According to the results made available to THISDAY yesterday, the bank's profit before tax also grew by 56 per cent, to N1.5 billion in the year under review, up from the N0.96bn realised the previous year.

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