Sterling Holdco’s public offer price spurs investor interest

The public offer of Sterling Financial Holdings Company Plc has recorded a positive response from the investing public.

The public offer opened on September 17, 2025, and is one of the avenues through which the holding company is seeking to meet the fresh capital threshold set by the Central Bank of Nigeria.

Sterling Financial Holdings Company is offering for subscription of 12,581,000,000 ordinary shares of 50 kobo each at N7.00 per share. The HoldCo stated that the proceeds of the public offer would go towards capitalising its asset management company, SterlingFi, to the tune of N10bn, fully recapitalising Sterling Bank Limited with about N43bn to be injected into the lender and N32.9bn earmarked for strategic expansion opportunities.

Market experts noted that the price of the public offer, which is about six per cent lower than its current trading price, presents an attractive entry point for both institutional and retail investors.

‘Sterling Holdco is the parent company of The Alternative Bank, Sterling Bank, SterlingFI, and others.

According to financial analysts, Sterling Holdco’s expansion plans, a solid market position, and innovative financial products have positioned it as a major contender in Nigeria’s banking sector.

The Sterling HoldCo champions customer-focused solutions and socially responsible initiatives while creating value for shareholders, employees, and the communities it serves, and continues to pioneer offerings across its core businesses in banking, payments, and technology-driven financial services.