Tags: sterling bank

Sterling Positions for Expansion with New Structure

With the unanimous support received from her shareholders, Sterling Bank, soon to be known as Sterling Financial Holdings Company, is firmly positioned to expand her financial services footprint from traditional banking and deliver more value to her shareholders. According to the publicly available filings reviewed from the website of the Nigerian Exchange Limited (NGX), upon…

Shareholders Unanimously Approve Holding Company Structure for Sterling

Shareholders of Sterling Bank Plc unanimously voted in favor of the creation of a new non-operating holding company (HoldCo) to hold the shares in its commercial banking operation as well as the shares of a newly incorporated subsidiary, The Alternative Bank Limited, which will operate as a Non-Interest Banking (NIB) business. At the end of…

Sterling Bank, NHEA recognize Nigeria’s Healthcare Champions

Sterling Bank Plc, Nigeria’s leading commercial bank, has given special recognition awards to healthcare providers who played leading roles in the fight against the COVID-19 pandemic. The awards were given to selected recipients at the 8th annual Nigeria Healthcare Excellence Awards (NHEA), which held in Lagos over the weekend under the theme of: Innovative Healthcare…

Ex-Bank Manager Jailed for N219m Fraud

The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Command has secured the conviction of a former manager with Sterling Bank and Account Relationship Officer of OHHA Microfinance Bank. Mr Oliver Anidiobi. Anidiobi was arraigned before Justice C.O Ajah of the Enugu State High Court, Enugu on a 32-count charge bordering on forgery and stealing…

MasterCard Foundation Partners EDC to Train and Create 200,000 Jobs

In bridging unemployment gap among the youth, Mastercard Foundation in collaboration with Enterprise Development Centre (EDC), since last year has commenced training of Nigerian youths with a view to creating a minimum of 200,000 jobs in the next five years. The director, Enterprise Development Centre (EDC), Pan-Atlantic University Mr. Peter Bamkole, who revealed this on…

Online Business Owners Can Access Up To N2million Loan with Sterling’s SocialPay

Online business owners can now access funding of up to N2million with SocialPay, an online payment collection product designed by Sterling’s The Business Hub to facilitate payments via multiple payment options including USSD, bank transfer, card options, and PayWithSpecta. In addition, the first 10,000 merchants will have access to a one-month interest free loan up…

Governor Sanwo-Olu to Present Tourism Masterplan and Policy to Practitioners on Thursday

Lagos State Governor, Mr. Babajide Sanwo-Olu, will on Thursday, 1st of July, make a public presentation of a reviewed Tourism Master Plan and a Tourism Policy to guide the activities of the State Government and stakeholders in the sector on all tourism related activities in the State for the next couple of years. The public…

Sterling Bank Grows Trading Income By 265% In Q3 2020

Sterling Bank Plc, a full service national commercial bank, has reported a trading income of N7.1 billion for the third quarter ended September 30, 2020 compared with N1.9 billion for the corresponding period of 2019, representing an increase of 264.7 percent. The bank made the remarkable financial performance despite the prevailing uncertainties that characterised the…