Sterling HoldCo Confirms Full Recapitalisation of Two Banking Subsidiaries
Lagos, Nigeria: Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are fully recapitalised in line with the Central Bank of Nigeria’s (CBN) revised minimum capital requirements, following final regulatory approvals received in January 2026. The capital-raising programme itself was substantially completed between December 2024 […]