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Tag: Sterling bank

Agege LG, Sterling Bank launch digital ID system to boost revenue

Business Pointer Admin02 mins

Agege Local Government in Lagos State has partnered with Sterling Bank to deploy a digital identification system aimed at reforming revenue administration and modernising council operations. The announcement was made on Thursday by the council’s Chairman, Abdul-Ganiyu Obasa, following a meeting with Sterling Bank’s Southwest Regional Business Manager, Abiola Bawuah, at the council secretariat. Obasa…

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Sterling HoldCo confirms full recapitalisation of banking subsidiaries

Business Pointer Admin06 mins

By Adeyemi David Ahead of 2026 deadline, Sterling Financial Holdings Company Plc has announced that its core banking subsidiaries, Sterling Bank and The Alternative Bank, have been fully recapitalised in compliance with revised minimum capital requirements set by the Central Bank of Nigeria (CBN). The confirmation follows final regulatory approvals received in January 2026, with…

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