Nigeria has set a new global record, as the world’s first fully-digital, end-to-end blockchain-based commodity trading and financing platform was unveiled by Sterling Bank Plc.     Developed in partnership with Binkabi and AFEX Commodities Exchange, the platform will decentralise Agric commodity trading in Nigeria, and all emerging economies, helping to reduce intermediation in trade,…

In a bid to make smart phone acquisition easier, and convenient for Nigerians, Sterling Bank, MTN, PayJoy have partnered to launch ‘Device Financing; Pay Small Small’.

Professionals in the housing industry have been advised to be innovative in the ever-changing real estate market. Chief Operating Officer of Sterling Bank, Mr. Yemi Odubiyi gave this advise at the Northcourt’s fifth year anniversary dinner held in Lagos. Odubiyim, a keynote speaker at the event urged real estate professionals not to depend on regulatory…

It was different strokes for different folks when the promotion and relegation playoffs in the Nationwide League One (NLO), powered by Sterling Bank kicked-off, yesterday, in four centres across the country. The Chief Operating Officer of the NLO, Shola Ogunnowo, said the league body appreciates Sterling Bank for supporting the promotion/relegation playoffs, and he remains…

Bearish sentiments resurfaced on the trading floor of the Nigerian Stock Exchange (NSE) yesterday, following profit-taking by investors, resulting to a significant drop in the All-share index by 1.5 per cent. Yesterday, the All Share Index (ASI) shed 519.31 absolute points or 1.49 per cent to close at 40,615.42 points, resulting to year-to-date loss of…

Sterling Bank Plc, has reported a 63.4 per cent surge in net profit for the first half (H1) ended June 30, 2018. The lender reported a Profit After Tax (PAT) of N6.2 billion and gross earnings of N77.6billion against PAT of N3.8billion on gross earnings of N57.1 billion during the corresponding period of 2017. The…

Sterling Bank Plc., has won the Best Quality of Life award, in the Large Corporates category, at the 2017/2018 Great Place To Work Awards, held in Lagos.

Specta, the revolutionary lending platform powered by Sterling Bank, has advanced consumer loans worth N2billion to salaried workers who are members of the lending platform’s pre-approved community. This is just four months after its market entry and the loans were accessed in less than five minutes without human intervention by most of the beneficiaries, it…

Just four months after its market entry, Specta, a lending platform powered by Sterling Bank, has advanced consumer loans worth N2bn to salaried workers who are members of the lending platform’s pre-approved community. The loans were accessed in less than five minutes without human intervention by most of the beneficiaries. Commenting on Specta’s success, Dapo…

Lagos State Government, through the Lagos State Parks and Gardens Agency (LASPARK), has joined Sterling Bank Plc to make history when Undressed Identity, a monumental sculpture of the famed Eyo masquerade was unveiled at Muri Okunola Park, Victoria Island, at the weekend. The environmentally friendly art piece made from recycled aluminum was one of the…

Sterling Bank Plc has announced that the bank has adopted a strategic plan that would enable it increase customer base by 15 per cent in the next financial year from N684.8 billion achieved in 2017. Besides, the bank is also projecting a non-performing loan (NPL) of less than five per cent in the current financial…

Towards providing mortgages at single-digit interest rate, the Kaduna State Government has launched a N5billion fund with Sterling Bank to facilitate home ownership. Under the scheme, the parties would each contribute 50per cent of the mortgage fund, which is billed to reach N5 billion for onward lending to aspiring homeowners. The fund will require beneficiaries…