Sterling Financial Holdings Company Plc has announced the opening of its public offer for subscription at ₦7.00 per share. The company is offering 12,581,000,000 ordinary shares of 50 Kobo each, payable in full on acceptance. The offer, which began on September 17, 2025, will close on September 30, 2025, giving investors a limited window to participate.
According to the company, the fresh equity will be used to fund strategic expansion plans, capitalize its Asset Management company, SterlingFi, and fully recapitalize Sterling Bank to meet the Central Bank of Nigeria’s recapitalization directive. This move will position the group for stronger growth and stability in the financial services sector.
“For a limited time only, you can now own two banks with just one move,” Sterling Financial Holdings said in a statement, emphasizing the unique opportunity for investors.
The public offer is open to everyone, and investors can purchase a minimum of 1,000 units of shares, with additional purchases in multiples of 1,000 units. Sterling noted that existing shareholders will benefit by increasing their investment portfolio, while new investors will gain co-ownership in what it described as the most profitable bank in the sector.
The company highlighted benefits such as long-term capital appreciation, attractive returns, and the chance to share in its growth. Applications can be made online at sterling.ng/PublicOffer or at any AltBank or Sterling Bank branch nationwide.