Sterling Bank Plc, Nigeria’s leading financial institution, has said it is committed to supporting the annual Ake Books and Arts Festival because it sees Nigeria as part of a larger world and believes that Nigeria’s ultimate competitiveness lies in its energy. Executive Director at Sterling, Yemi Odubiyi, who disclosed this over the weekend in a goodwill message at the opening of the 10th edition of the Ake Books and Arts Festival said Nigeria can become a leader in the world and its creative people as part of its competitiveness. READ…
Read MoreTag: Sterling Bank Plc
Shell, AFC, GTBank, 6 Other Banks Drag Aiteo to Court Over $2bn Debts
The bickering between a group involving Shell, Africa Finance Corporation (AFC), and seven Nigerian bank, and Aiteo Eastern E&P Company Limited over $2 billion loan accessed by Aiteo has degenerated. A high court in England has ruled that Shell Plc, Africa Finance Corporation, and seven Nigerian banks have established their right to block Aiteo Eastern E&P Company Limited from taking legal action when a suit initiated by them against the oil firm has not been resolved. The verdict approving the “final anti-suit injunction” was delivered on April 1, according to…
Read MoreN1.8 bn fraud rocks Sterling Bank + how Bank staff stole customer’s money
EFCC has testified in Court about a Sterling Bank customer’s account was profiled via internet banking and the sum of N1,790,558,0 00 The Nigerian financial institution, Sterling Bank Plc, led by Abubakar Suleiman, is currently enmeshed in a N1.8 billion (approximately) financial fraud. Platforms Africa reports that the fraud has rattled the lender’s financial position and it has landed one of the bank’s staff and a businessman in court. The case which is currently before an Ikeja High Court, Lagos, details how an official of the bank, Ifeanyichukwu Shallom…
Read More