Nova Merchant Bank — Bank Code 561, SWIFT NOVMNGLA & Corporate Banking
Nova Merchant Bank CBN bank code 561, SWIFT NOVMNGLA, corporate and investment banking guide — updated August 2026.
Nova Merchant Bank Bank Codes & Identification
Every Nigerian bank has unique identification codes assigned by the CBN and international banking bodies. These route local NIP transfers, international SWIFT wires, and cheque clearing. Below are the verified codes for Nova Merchant Bank.
Nova Merchant Bank (CBN code 561) received its CBN merchant banking licence in 2019. Based in Victoria Island, Lagos, it provides corporate finance, structured lending, and treasury services to Nigerian corporates and institutions — not retail consumers.
Nova Merchant Bank USSD Codes — Full List (2026)
USSD codes let you bank from your phone dialler — no internet required. All codes below work on MTN, Glo, Airtel, and 9mobile.
| Transaction | Code to Dial | Network |
|---|---|---|
| Nova is a merchant bank — no retail USSD banking | N/A (Corporate only) | — |
| Nova banking portal | novamerchantbank.com | Online |
| Corporate client services | 01-4622000 | Voice / relationship manager |
How to Transfer Money to Nova Merchant Bank from Another Bank
To send a NIP transfer to a Nova Merchant Bank account from another Nigerian bank:
Open your bank's mobile app or USSD transfer menu.
Select "Transfer to Another Bank".
Enter the recipient's 10-digit NUBAN account number.
Select "Nova Merchant Bank" (CBN code 561).
Confirm the account name shown.
Complete the NIP transfer.
For international wires, use SWIFT code NOVMNGLA.
Transfer Limits & Charges
| Transaction Type | Daily Limit | Fee |
|---|---|---|
| Inward NIP | No limit (recipient side) | Sender fee applies |
| International wire | CBN regulated | Contact Nova |
Nova Merchant Bank Branch Sort Codes
Branch sort codes are 9 digits: first 3 identify the bank (561), the next 6 identify the branch. Key branches for Nova Merchant Bank are listed below.
| Branch | State | Sort Code |
|---|---|---|
| Victoria Island HQ | Lagos | 561150001 |
Frequently Asked Questions — Nova Merchant Bank
What is Nova Merchant Bank's CBN code?
Nova Merchant Bank's CBN interbank code is 561. It appears as "Nova Merchant Bank" on Nigerian transfer platforms.
What is Nova Merchant Bank's SWIFT code?
Nova Merchant Bank's SWIFT/BIC code is NOVMNGLA.
What does Nova Merchant Bank do?
Nova Merchant Bank specialises in debt advisory, structured finance, project finance, trade finance, and corporate treasury for Nigerian corporations and institutions. It is not a retail bank.
When was Nova Merchant Bank established?
Nova Merchant Bank received its CBN merchant banking licence in 2019.
Bank codes, USSD codes, and transfer limits on this page are sourced from CBN publications, NIBSS, and official Nova Merchant Bank communications, and are provided for informational purposes only. Codes and limits may change — always verify directly with Nova Merchant Bank before high-value transactions. CurrentAffairs.com.ng is an independent civic information platform and is not affiliated with Nova Merchant Bank, the CBN, or NIBSS. Last reviewed: August 2026.