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. The Made-by-Nigerians platform is a community designed to showcase the best products and services made by Nigerians, at home and abroad.

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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 final ratification by the regulators, the commercial banking subsidiary of the holding company, Sterling Bank; will continue to operate with its current name as a limited liability company, with shares transferred from the publicly traded…

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Video: Millionaire ex-Sterling Bank staff in Police net for kidnapping

John Lyon. a millionaire kidnapper terrorising Bayelsa state but based in Abuja has been arrested by men of the Nigeria Police Force. Lyon aka Kpaikpai, who claimed to be an ex-staff of Sterling Bank was a regular face in Abuja social circles and is well known in Yenagoa, Bayelsa State for his lavish lifestyle in Clubs and bars. He was born on December 22, 1986, and on his profile, he claimed to be an ex-staff of Sterling Bank and allegedly cover up his nefarious underworld activities with his business name…

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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 a court-ordered meeting in Lagos yesterday, the shareholders gave the approval for the carve-out and transfer of the Bank’s non-interest banking business to The Alternative Bank Limited, under a proposed scheme of arrangement between Sterling…

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