August 4, 2025

plans 400 million capital raise to bolster growth and financial position

Business

Sterling Bank Plans $400 Million Capital Raise to Bolster Growth and Financial Position

Sterling Bank Plc has announced plans to raise $400 million through a combination of debt and equity instruments as part of efforts to enhance its balance sheet and expand its growth capacity. The bank disclosed this strategic move in a corporate notice issued to the Nigerian Exchange Limited, noting that the capital injection will support

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