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Sterling Financial raised ₦88 billion in a share sale, priced below market value, with strong investor demand.
Sterling Financial Holdings Company Plc launched a public share offer on September 17, 2025, selling 12.58 billion shares at ₦7.00 each to raise ₦88 billion.
The offer, priced 6% below the current market value, has drawn strong interest from investors, with signs of oversubscription.
Proceeds will strengthen capital and fund growth across its banking, wealth management, and digital services.
The company’s share price has nearly doubled in the past year, reflecting market confidence in its diversified financial services and strategic direction.
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Sterling Financial recaudó 88 mil millones de libras esterlinas en una venta de acciones, a un precio por debajo del valor de mercado, con una fuerte demanda de los inversores.