This is definitely not the best times for Sterling Bank because it has been given seven days return N219 million into a customers’ account or risk being dragged to court. According to Sahara Reporters, a microfinance institution, OHHA Microfinance Bank Limited, has accused Sterling Bank Plc of defrauding it of N219 million it deposited with…
The Asset Management Corporation of Nigeria (AMCON) and its receiver manager have been brought to the center of a media circus owing to the allegations of Olajide Awosedo, chairman of Grant Properties Limited, against the corporation. AMCON has now given a detailed response to the allegations. WHO IS OLAJIDE AWOSEDO? Mr. Olajide Awosedo is the…
The 2017 edition of Sterling Bank Environmental Makeover (STEM) has received a huge boost with the endorsements of Alake of Egbaland, Oba Adedotun Aremu Gbadebo and the Executive Secretary of the Federal Capital Development Authority (FCDA), Mrs Folashade Joseph. STEM is Sterling Bank’s corporate social responsibility initiative which seeks to promote practices that contribute to…
After a dreary weekend marred by flash floods, the resilient city of Lagos has gotten its groove back, thanks to a colourful flash mob of street sweepers that toured the metropolis for three days doing choreographed dances while “cleaning” on the go. Aptly named Skate and Clean, the youthful and colourful team of street sweepers…
Challenges faced by market women desiring access to credit has become a thing of the past as Sterling Bank Plc through its ‘One Woman’ proposition launched a new initiative called the “Market Women Quick Cash.” This is in partnership with Afrigrant, a Non- Governmental Organization (NGO). The new proposition is expected to promote women empowerment…
Relief may have come the way of parents, guardian, teachers and proprietors of schools in Nigeria as Sterling Bank Plc launches it’s the Back-To-School Campaign. The campaign is aimed at providing succour for all stakeholders in the sector as schools resume in September. The primary target for the campaign are the primary and secondary schools…
Global Credit Ratings, GCR, an international rating agency at the weekend, affirmed Sterling Bank Plc’s national long term and short term ratings of BBB(NG) and A3(NG) respectively, with the outlook accorded as stable. This rating which is valid until July 2017 comes after another global ratings agency, Moody’s Investors Service, affirmed the Bank’s local and…
Governor Rauf Aregbesola of Osun State has commended Sterling Bank Plc for its contribution to clean environment through the provision of necessary incentives to checkmate environmental challenges. The Governor, who made the commendation while receiving reflective coveralls donated by the Bank for use by members of the Osun Waste Management Authority (OWMA) in Oshogbo, the…
Sterling Bank Plc says it has concluded the upgrade of its information technology infrastructure. The bank explained that this move is in line with its mandate to enrich the lives of its customers through efficient and prompt delivery of quality banking services, It would be recalled that about 24 months ago, Sterling Bank commenced the…
Sterling Bank has continued to demonstrate its commitment to rewarding excellence, hardwork and dedication, and boosting productivity among staff as it announced the promotion of 566 staff. The Bank in a statement signed by its Managing Director and Chief Executive, Yemi Adeola and made available to our reporter explained that the promotion exercise which cut…