{"id":557,"date":"2019-03-12T07:02:44","date_gmt":"2019-03-12T06:02:44","guid":{"rendered":"https:\/\/novambl.com\/?p=136"},"modified":"2019-03-12T07:02:44","modified_gmt":"2019-03-12T06:02:44","slug":"well-focus-on-expansion-says-nova-merchant-bank-chairman","status":"publish","type":"post","link":"https:\/\/demovalley.com\/nova\/well-focus-on-expansion-says-nova-merchant-bank-chairman\/","title":{"rendered":"We\u2019ll focus on expansion, says NOVA Bank chairman"},"content":{"rendered":"<p><strong>Phillips Oduoza, Chairman NOVA Bank Limited, says the bank will focus on expansion in 2019.<\/strong><\/p>\n<p>He made this known in a statement released by the bank announcing its N1.15 billion profit after tax for the year ended December 31, 2018.<\/p>\n<p>Oduoza said the N510.6 million increase from 2017 result was the benefit of the bank\u2019s investment in its operations, technology and people.<\/p>\n<p>\u201cWe have been able to build a strong foundation for the success of the Bank and approach the future with confidence and optimism in our business model, value proposition, clients and employees,\u201d he said.<\/p>\n<p>The newly licensed bank said it recorded a 54.10% growth in gross earnings from N1.22 billion in 2017 to N1.88 billion, while total assets grew by from N18 billion to N25 billion.<\/p>\n<p>Commenting on the result, Anya Duroha, the managing director said: \u201cOur stellar results are a culmination of the hardwork, commitment, resilience, discipline and resourcefulness of all our employees.<\/p>\n<p>\u201cWe have been able to drive strong customer acquisition and deploy leading edge technology whilst optimising our costs.<\/p>\n<p>\u201cWe will continue to focus on growing our business, providing solutions tailored to our clients\u2019 needs, building a high performance culture, motivating our employees and creating sustainable value for our shareholders.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phillips Oduoza, Chairman NOVA Bank Limited, says the bank will focus on expansion in 2019. He made this known in a statement released by the bank announcing its N1.15 billion profit after tax for the year ended December 31, 2018. Oduoza said the N510.6 million increase from 2017 result was the benefit of the bank\u2019s investment in its operations, technology and people. \u201cWe have been able to build a strong foundation for the success of the Bank and approach the future with confidence and optimism in our business model, value proposition, clients and employees,\u201d he said. The newly licensed bank said it recorded a 54.10% growth in gross earnings from N1.22 billion in 2017 to N1.88 billion, while total assets grew by from N18 billion to N25 billion. Commenting on the result, Anya Duroha, the managing director said: \u201cOur stellar results are a culmination of the hardwork, commitment, resilience, discipline and resourcefulness of all our employees. \u201cWe have been able to drive strong customer acquisition and deploy leading edge technology whilst optimising our costs. \u201cWe will continue to focus on growing our business, providing solutions tailored to our clients\u2019 needs, building a high performance culture, motivating our employees and creating sustainable value for our shareholders.\u201d<\/p>\n","protected":false},"author":1,"featured_media":3035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[8,10],"class_list":["post-557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-oduoza","tag-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>We\u2019ll focus on expansion, says NOVA Bank chairman - NOVA Bank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/demovalley.com\/nova\/well-focus-on-expansion-says-nova-merchant-bank-chairman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019ll focus on expansion, says NOVA Bank chairman\" \/>\n<meta property=\"og:description\" content=\"Phillips Oduoza, Chairman NOVA Bank Limited, says the bank will focus on expansion in 2019. He made this known in a statement released by the bank announcing its N1.15 billion profit after tax for the year ended December 31, 2018. Oduoza said the N510.6 million increase from 2017 result was the benefit of the bank\u2019s investment in its operations, technology and people. \u201cWe have been able to build a strong foundation for the success of the Bank and approach the future with confidence and optimism in our business model, value proposition, clients and employees,\u201d he said. The newly licensed bank said it recorded a 54.10% growth in gross earnings from N1.22 billion in 2017 to N1.88 billion, while total assets grew by from N18 billion to N25 billion. Commenting on the result, Anya Duroha, the managing director said: \u201cOur stellar results are a culmination of the hardwork, commitment, resilience, discipline and resourcefulness of all our employees. \u201cWe have been able to drive strong customer acquisition and deploy leading edge technology whilst optimising our costs. \u201cWe will continue to focus on growing our business, providing solutions tailored to our clients\u2019 needs, building a high performance culture, motivating our employees and creating sustainable value for our shareholders.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/demovalley.com\/nova\/well-focus-on-expansion-says-nova-merchant-bank-chairman\/\" \/>\n<meta property=\"og:site_name\" content=\"NOVA Bank\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/novabankng?mibextid=LQQJ4d\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-12T06:02:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/demovalley.com\/nova\/wp-content\/uploads\/2019\/03\/philips_oduoza_md_nova_bank.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"NBManager\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@novabankng\" \/>\n<meta name=\"twitter:site\" content=\"@novabankng\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"NBManager\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/well-focus-on-expansion-says-nova-merchant-bank-chairman\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/well-focus-on-expansion-says-nova-merchant-bank-chairman\\\/\"},\"author\":{\"name\":\"NBManager\",\"@id\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/#\\\/schema\\\/person\\\/48c4d1b1f3fc7753618de57837b0c259\"},\"headline\":\"We\u2019ll focus on expansion, says NOVA Bank chairman\",\"datePublished\":\"2019-03-12T06:02:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/well-focus-on-expansion-says-nova-merchant-bank-chairman\\\/\"},\"wordCount\":209,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/well-focus-on-expansion-says-nova-merchant-bank-chairman\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/philips_oduoza_md_nova_bank.jpg\",\"keywords\":[\"Oduoza\",\"Report\"],\"articleSection\":[\"Press Release\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/demovalley.com\\\/nova\\\/well-focus-on-expansion-says-nova-merchant-bank-chairman\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/well-focus-on-expansion-says-nova-merchant-bank-chairman\\\/\",\"url\":\"https:\\\/\\\/demovalley.com\\\/nova\\\/well-focus-on-expansion-says-nova-merchant-bank-chairman\\\/\",\"name\":\"We\u2019ll focus on expansion, says NOVA Bank chairman - 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