30 results
- 26 Jun 2024
Sterling HoldCo Grows Assets To N2.5 Trillion
Major shareholders of one of Nigeria’s leading financial conglomerates, Sterling Financial Holdings Company PLC., expressed their delight with the leadership and financial performance of the group at…
- 5 Oct 2025
Investors Rush for Sterling Holdco Shares as Public Offer Gains Momentum
Sterling Financial Holdings Company Plc. (Sterling Holdco), the parent firm of Sterling Bank, The Alternative Bank, SterlingFI, and other innovative ventures, is witnessing a surge of investor…
- 4 Oct 2023
Sterling Urges Collaboration for Improved Cybersecurity
Sterling Financial Holdings Company has said that it is actively driving collaboration and partnerships with regulators, infrastructure providers, operators, and other financial services providers to…
- 19 Feb 2026
Sterling HoldCo Starts Allotment of Oversubscribed Public Offer Shares
Sterling Financial Holdings Company Plc (Sterling HoldCo) has begun allotting 12,581,000,000 ordinary shares of 50 kobo each at ₦7.00 per share from its 2025 Public Offer. Sterling HoldCo The process…
- 1 Oct 2025
Sterling Holdco’s Public Offer Ignites Investor Frenzy Amid Strategic Expansion Plans
Sterling Financial Holdings Company Plc. (‘Sterling Holdco’)—the powerhouse behind The Alternative Bank, Sterling Bank, SterlingFI, and other innovative ventures—is making headlines with its dynamic…
- 27 Oct 2014
SecureID, Sterling Bank partners for Financial Inclusion
SecureID , a digital solution provider and Sterling Bank Plc have entered into new partnership to provide a new Biometric Identification Card as a means of driving financial inclusion in Nigeria.…
- 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…
- 27 Dec 2024
Sterling HoldCo Achieves Milestone with ₦75 Billion Capital Raise Approval
Sterling Financial Holdings Company PLC has achieved another milestone with the approval of the Central Bank of Nigeria (CBN) recognising an additional ₦75 billion in its capital raise. This approval…
- 31 Jul 2025
Sterling HoldCo Delivers Stellar H1 2025 Results; Capital Raise Strategy Gains Momentum
Sterling Financial Holdings Company Plc (“Sterling HoldCo”) has reported a remarkable 157% year-on-year growth in profit-after-tax, hitting ₦41.78 billion for the half-year ended June 30, 2025. This…
- 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…
- 25 Jun 2024
NGX Fines 9 Firms N76.8m for Late Filing of Annual Reports
Nigerian Exchange Limited (NGX) has imposed a N76.8 million fine on nine quoted companies for failure to file their audited financial statements after the regulatory due date, according to…
- 29 Dec 2024
NGX Fines 20 Firms N255.53m for Financial Statements Filing Default
NGX Regulation Limited, a subsidiary of the Nigerian Exchange Group (NGX Group) has fined N255.53 million on 20 listed companies for failing to file their financial statements after the regulatory…
- 4 Dec 2024
The Alternative Bank Introduces Elite Banking, Gold Card Offerings
The Alternative Bank (a member of the Sterling Financial Services Holding Company) proudly unveils the next level of premium banking services with the AltElite product suite and Gold Card offering.…
- 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…
- 10 Dec 2023
Fidelity Bank, Others Top List of Most Capitalized Banks in Q3 2023
Fidelity Bank, leading financial institution, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers,…
- 19 May 2024
Airtel Wins Big at Maiden ICAN-NGX Awards
Airtel Africa, telecommunications provider in Africa with its stock trading on the Nigerian Stock Exchange (NGX), emerged as a major winner at the inaugural edition of the ICAN-NGX Awards, carting…
- 17 Apr 2024
AltBank Walks Against Hunger, Advocates for Education
Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation 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…
- 25 Aug 2025
Miden Systems Drags Bank to Court over Alleged Forgery, Misappropriation
Miden Systems Limited, an Abuja-based firm, has dragged Sterling Bank Limited and some of its management staff before the Chief Magistrate’s Court, Wuse Zone 2, Abuja, over allegations of conspiracy,…
- 22 Jun 2016
No Nigeria Shocks from Brexit- Research
FBNQuest Research, the research arm of FBN Holdings- one of the leading financial services platforms in Africa, has said that there are no obvious Nigeria shocks from Brexit. Brexit is an…
- 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.…
- 10 Oct 2016
7 Nigerian Banks in Deep Financial Crisis – Report
Seven Nigerian banks are undercapitalised to the tune of N1trillion ($3.2billion), according to a stress test conducted by Arqaam Capital, a Dubai-based international investment bank. According to…
- 26 Jun 2023
Sterling Bank’s Qore Sparks Nigerian EV Revolution to Life
Sterling Bank, Nigeria's leading commercial bank and one of Africa's fastest-growing companies, has changed the course of Nigeria's energy and transportation sectors with the launch of Qore; its…
- 30 Oct 2025
Nigerian Banks and the Culture of Concealment: How Financial Results Are Being Cooked to Hide Losses
In Nigeria’s banking industry, profit has become more a press release than a performance. Every results season, the same storyline plays out with record profits, rising assets, and promises of…
- 15 Jun 2016
Providus Bank Gets Commercial Banking Licence from CBN
Providus Bank Plc has been granted a commercial banking licence with regional authorisation by the Central Bank of Nigeria (CBN), according to information on the apex bank’s website on Tuesday.…
- 12 Oct 2009
TD Has Given ICT Market Part of its Credibility –Ekeh
Chioma Ekeh is managing director, Technology Distributions Limited (TD), a world-class technology leader in distribution incorporated to pioneer technology distribution in West Africa. She holds a…
- 27 Apr 2025
Sterling Bank Introduces Free Bus Rides for Nigerians
After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week,…
- 28 Sept 2023
Banks Pocket N1.7 Trillion Profits from Forex Harmonization
Nigerian banks recorded significant Foreign exchange revaluation profits estimated at N1.7 trillion in the first half of 2023. This was disclosed through the data collated from the 2023 half-year…
- 23 May 2021
Customers Bleed Under Burden of Charges as Banks Post N933Bn Profit
12 commercial banks had jointly pulled in N933.16 billion in profits and made N216.52 billion from charges on electronic transactions, as customers continue to complain of excessive fees that they…
- 18 Jan 2026
Here Are Nigerian Banks That Have Secured Their Licences
Nigeria's banking sector recapitalization, mandated by the Central Bank of Nigeria (CBN) in March 2024, requires banks to meet tiered minimum paid-up capital thresholds by March 31, 2026: ₦500…