NOVA Commercial Bank’s quiet flirtation with a 2028 initial public offering (IPO) on the Nigerian Exchange (NGX) is not just a capital-markets footnote; it is a strategic story. It marks a coming-of-age moment for one of the country’s nimblest mid-tier lenders, standing as the most significant strategic intent laid down by a Nigerian mid-tier lender since the Central Bank of Nigeria (CBN) raised the capital floor.