Sterling HoldCo moves ahead in recapitalisation Cements capital raise with full regulatory approval Sterling HoldCo witnessed a 19% surge in stock price Sterling Financial Holdings Company PLC has made substantial progress in its recapitalisation efforts, with the Central Bank of Nigeria (CBN) approving an additional ₦75 billion capital raise. Eko Hot Blog gathered that this … Read more
Lagos State Ministry of Tourism, Arts, and Culture is strengthening efforts to boost the tourism sector by partnering with Sterling Bank. The collaboration was highlighted during a recent tour of key tourism assets across Lagos, led by the Honourable Commissioner for Tourism, Mrs. Toke Benson-Awoyinka. Speaking during the tour, Benson-Awoyinka emphasized the importance of showcasing … Read more
Eko Hot Blog reports that the House of Representatives on Wednesday uncovered five banks withholding five billion dollars in forex. Worried by the instability in the foreign exchange market in the country, the House mandated the joint Committees on Banking Regulations and Banking Institutions to conduct an investigative hearing into the non-compliance by banks and … Read more
Eko Hot Blog reports that Lagos Waste Management Authority (LAWMA) has partnered Sterling Bank Plc and PAKAM Technology, to launch the WasteBanc initiative. The initiative is aimed at promoting the culture of recycling to tackle the challenge of waste management across the state. According to a statement issued by Mrs. Kadiri Folashade, thr Director, Public … Read more
Nigeria’s leading commercial bank, Sterling Bank PLC, has set a new milestone by winning the Overall Best Place to Work title for the fifth consecutive year at the annual Great Place to Work awards held in Lagos recently. EDITOR’S PICKS BBNaija Star, JMK Called To Bar After Dumping Law School To Join Reality Show Paternity … Read more
EDITOR’S PICK Police Arrest Suspect With N2.56M Fake Drugs Jealous Man Sets Wife Ablaze In Adamawa NDLEA Arrests 7 Traffickers, Intercepts Cocaine Consignments At 3 Airports EKO HOT BLOG reports that a recent Easter advertisement by Sterling has caused reactions of many Nigerians, as the prominent commercial institute compared the resurrection of Jesus, to the … Read more
A federal high court in Lagos State froze a Kogi State salary bailout account domiciled in Sterling Bank Plc, due to N20 billion loan obtained from the bank. EkohotBlog reports that the Presiding Judge, Tijjani Ringim, granted the ex-parte application of the Economic and Financial Crimes Commission (EFCC), pending the outcome of investigations. The application … Read more
A multi-billion naira fraud has rocked a top Nigerian bank. EKOHOTBLOG reports that the Abubakar Suleiman-led Sterling Bank Plc is currently enmeshed in an N1.7 billion fraud scandal. According to a report, the fraud is said to have rattled the lender’s financial position and it has landed one of the bank’s staff and a businessman … Read more
The Lagos State Government has commenced free training for tourism enthusiasts in the state. The Lagos State Government in partnership with Goge Africa has commenced a four-day free training programme for tourism enthusiasts in the state, EKO HOT BLOG has gathered. The four-day training programme, which commenced on Monday at the Leola Hotel, Maryland, was … Read more