Tag Archives: sterling bank

Sterling Bank faces indictment by Nigeria Police for alleged money laundering, fraudulent deductions, and financial mismanagement claims   The Nigeria Police have indicted Sterling Bank on allegations of money laundering, fraudulent deductions, and other financial crimes. Also read: Sterling Bank staff and fraudsters face court over N1.25 billion stolen funds …

Sterling Bank staff and accomplices face court over a N1.25 billion fraud involving hacking and money laundering. Trial set for March 2025   Sterling Bank Limited and its holding company, Sterling Financial Holdings, are embroiled in a legal battle over a staggering N1.257 billion stolen by some of its staff …

Sterling Bank employees voice frustration over a 7% salary increase that fails to counter Nigeria’s inflation, citing low morale and dissatisfaction. Sterling Bank’s recent 7% salary increment, announced earlier this month, has drawn widespread criticism from its employees. Many feel undervalued, overworked, and underappreciated, as the modest raise fails to …

Matthew Ashimolowo, a prominent Nigerian clergyman and senior pastor of Kingsway International Christian Centre (KICC) in London, has issued a stern warning to Nigerians about the dangers of investing in bank shares. Speaking on the podcast “Key to Keys,” Ashimolowo shared his personal experiences of significant financial losses incurred through …

High profile personalities in the country lent their voices in support of the tourism industry, as Nigeria joined the rest of the world to mark the 2023 World Tourism Day (WTD), recently. The United Nations agency, UNWTO has set aside every September 27 for tourism stakeholders to celebrate tourism, known …

The police at the Lion Building Division, Lagos Island, Southwest, Nigeria have arrested a former staffer of Sterling Bank Plc, William Owoeye, 34, and charged him before a Lagos Magistrates’ Court for allegedly stealing the sum of N2m from his employer’s account. Police alleged that Owoeye allegedly perpetrated the fraud …

Sterling Bank Plc, has announced that it has now completed a significant milestone in its ongoing transformation to a financial holdings company with the delisting, transfer, and re-listing of all shares to the Sterling Financial Holdings Company on the floor of the Nigerian Exchange. The relisting signifies another major development …

Oladeji Akanji, a realtor, has lamented the disappearance of N40,000 from his FairMoney account. Akanji said his father sent him N40,000 to pay his sister’s school fee on Thursday, but within an hour, an unauthorised transfer was made on his account and the money moved to the Sterling Bank account …

The Advertising Practitioners Council of Nigeria (APCON) has vowed to sanction Sterling Bank Plc over a controversial advert which compared the resurrection of Jesus Christ to Agege bread. In commemoration of the Easter celebration, the bank had published an advert that said, “Like Agege Bread, He Rose”. The post was …

One of the new generation financial institutions in Nigeria, Sterling Bank, may have stirred the hornet’s nest in an attempt to be creative with an advert campaign to commemorate the internationally celebrated Easter Day. As it is a common tradition, brands rushed to observe the special Christian celebration by dishing …