30 results
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 2 Mar 2015
Sterling Bank Raises Online Loan Scheme’s Limit to N10,000
Sterling Bank Plc has increased the minimum amount for online “quick cash” scheme, also known as Social Lender, from N3,000 to N10,000. Besides, the bank also said it is targeting 6000 beneficiaries…
- 9 Sept 2024
Sterling Bank Pioneers Africa’s First Indigenous Core Banking System
Sterling Bank Limited, has made history by migrating to what is believed to be the continent’s first-ever indigenous core banking solution called SeaBaaS. The implementation of SeaBaaS, developed by…
- 19 Sept 2024
Sterling Bank Adopts Africa’s First Indigenous Core Banking Solution
Sterling Bank Limited has migrated to what is believed to be the continent’s first ever indigenous core banking solution called SeaBaaS. The implementation of SeaBaaS, developed by Peerless, marks…
- 1 Apr 2024
Sterling Bank, EAS Empower SMEs on Sustainable Exports
Sterling Bank Limited, has partnered with Export and Sell Nigeria Limited (EAS) to propel small and medium-scale enterprise (SME) operators into the realm of scaleable exports. The collaboration…
- 21 Nov 2023
Again, Sterling Bank wins Overall Best Workplace Award
Sterling Bank Limited, Nigeria’s leading financial institution, has again emerged as the 2022 Overall Best Workplace in Nigeria in the large corporate category awards organised by the Great Place to…
- 11 Dec 2025
Sterling Bank, Pan-Atlantic University Partner to Certify Non-Oil Export Academy Graduates
Sterling Bank Limited has signed a Memorandum of Understanding (MoU) with Enterprise Development Centre (EDC) of Pan-Atlantic University (PAU) to certify graduates of its Non-Oil Export Academy. L-R:…
- 31 Dec 2023
Sterling Bank Appoints Mayaki as New Board Chairman
Sterling Bank Limited has announced a strategic change in its Board of Directors, with Mr. Olatunji Mayaki assuming the role of Chairman of the Board effective January 1, 2024, following the…
- 8 Apr 2026
How Sterling Bank Is Empowering 1m Women with ₦500Bn
Sterling Bank, through its women focused initiative, OneWoman, convened a powerful gathering of women entrepreneurs, development finance institutions, ecosystem leaders, and business stakeholders at…
- 2 May 2014
Sterling Bank to Raise Share Capital to N16Bn
Sharaholders of Sterling Bank Plc, has approved the bank’s plans to raise new capital through a private placement. The private placement, when concluded, will shore up Sterling Bank’s share capital…
- 7 Apr 2023
Sterling Bank Relists on NGX as HoldingCo
Sterling Bank Plc announced that it has completed a significant milestone in its ongoing transformation to a financial holdings company. It said this is with the delisting, transfer, and relisting of…
- 15 Dec 2025
Sterling Bank Renewable Energy Colloquium Urges Stakeholders to Unlock Nigeria’s Clean Energy Potential
Sterling Bank Limited on Monday convened stakeholders in the renewable energy industry to explore strategies for accelerating Nigeria’s transition to clean energy and boosting economic growth. L-R:…
- 7 Nov 2018
MTN, Sterling Bank Partner on Smartphone Financing Scheme
MTN partners Sterling Bank on smartphone financing scheme – In a bid to provide more Nigerians with access to the benefits of a digital world, MTN Nigeria in partnership with Sterling Bank and PayJoy…
- 29 Nov 2022
Sterling Bank Retains “BBB+” Rating with Positive Outlook
Sterling Bank Plc has been given a long-term rating of “BBB+” with a Positive Outlook for the year 2021/2022 by DataPro, the Technology-Driven Credit Rating Agency, in its latest report. According to…
- 25 May 2026
NIBSS Blames System Glitch for Disappearance of N13.66Bn, Seeks Court Nod for Recovery
Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major glitch on its payment…
- 15 Feb 2023
Sterling Bank, Credit Café Ink MoU on Credit Facility to Customers in Health, Education Sectors
Sterling Bank Plc has signed a partnership agreement with Credit Café Africa for the distribution of a credit facility template, insurance and other value-added services for existing and potential…
- 16 Mar 2022
Sterling Bank Breaks New Ground in Liquidity Management with the Launch of Omni X Platform
In a bid to improve banking experience for non-bank and other financial institutions, corporate clients, UHNIs and HNIs, Sterling Bank Plc have launched a revolutionary digital platform, named Omni…
- 24 Oct 2018
Alleged Fraudsters Steal N1.8Bn from Sterling Bank
Two persons alleged to be fraudsters have been accused of obtaining the sum of N1.8 billion from Sterling Bank Plc by false pretence. The duo identified as Messrs Ogbor Kehinde Eliot and…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 17 Aug 2022
Sterling Bank Partners Farafina to Premiere Anthology of Nigerian Literature
Sterling Bank Plc has collaborated with Farafina Books, Nigeria’s leading independent literary publishers, to launch a premier anthology of the best of Nigerian writings spanning 200 years, from 1789…
- 19 Dec 2022
Sterling Bank Launches MBN, Set to Showcase Best of Nigeria at Maiden Fair
As part of its commitment to the growth and development of Nigerian businesses and the economy, Sterling Bank Plc, Nigeria’s leading financial institution, has created the Made-By-Nigerians platform.…
- 5 Nov 2018
MTN Partners Sterling Bank on Smartphone Device Financing Scheme
In a bid to provide more Nigerians with access to the benefits of a digital world, MTN Nigeria in partnership with Sterling Bank and PayJoy recently launched a Device Financing Scheme (DFS) to…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 12 May 2019
Anidiobi, Sterling Bank Manager Remanded in Prison for Alleged N187m Fraud
Mr Oliver Anidiobi, former acting branch manager of Sterling Bank Plc, has been remanded in prison pending hearing of his bail application fixed for June 7, 2019. The accused person was…
- 22 Sept 2022
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…
- 3 May 2017
CBN Expels 16 Banks from Forex Market
Central Bank of Nigeria (CBN) on Tuesday stopped 16 Deposit Money Banks from participating in the Small and Medium-scale Enterprises (SMEs)window of the foreign exchange market. Isaac Okorafor,…
- 21 May 2015
Loan Dodgers Owe Banks N138Bn
Loan default by customers made 13 Deposit Money Banks to lose a combined sum of N138 billion in the 2014 financial year, according to calculations by the Punch Newspaper. Data obtained from the 2014…
- 23 May 2013
Bank Chiefs Appear before Reps over N83Bn Tax Remittance
The bank chief executive officer that were threatened with arrests on Monday for failing to appear before the House of Representatives Committee on Finance investigative hearing on tax remittance…
- 21 May 2013
FCMB, Skye Bank CEOs, Others Face Arrest over N83Bn Tax Remittance
House of Representatives has threatened to arrest 10 bank chief executive officers over their failure to attend its investigative hearing on tax remittance on Monday. The bank chiefs are: First City…