Sterling Financial Holdings Company PLC has achieved another milestone with the approval of the Central Bank of Nigeria (CBN) recognising anadditional ₦75 billion in its capital raise. This approval represents the final leg of thecapital injection that was achieved through a private placement in September 2024. Building on the private placement’s success, Sterling launched a Rights Issue in October 2024, structured to provide existing shareholders the exclusive opportunity to deepen their stakes in the company and share in its growth story. The Rights Issue received significant interest and participation, highlighting…
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