Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries — Sterling Bank and The Alternative Bank — have been fully recapitalised in line with the revised minimum capital requirements set by the Central Bank of Nigeria (CBN).
The confirmation follows final regulatory approvals obtained in January 2026.
In a statement released on Monday, the Group said its capital-raising programme was largely completed between December 2024 and October 2025, placing it well ahead of the March 2026 industry deadline.