Investors Scramble for Sterling Holdco Shares as Public Offer Gains Momentum

Investors Scramble for Sterling Holdco Shares as Public Offer Gains Momentum

Lagos, Nigeria – Sterling Financial Holdings Company Plc (Sterling Holdco), the parent company of The Alternative Bank, Sterling Bank, SterlingFI, and other innovative business ventures, has recorded an overwhelming response to its ongoing public offer, with investors jostling for a stake in the company’s future.

The offer, which opened on September 17, 2025, has quickly become one of the most sought-after opportunities in the Nigerian financial market. Analysts project it could rank among the most profitable investments in the sector this year.

Market experts highlight that the pricing of the offer – about six percent below Sterling Holdco’s current trading price – makes it attractive to both institutional and retail investors. Although the offer remains open, industry watchers speculate that full subscription may have already been achieved, given the surge of interest.

Sterling Holdco’s strong market positioning, expansion strategy, and portfolio of innovative financial products are being cited as key factors driving investor confidence. In the past year, its share price has doubled, climbing from ₦4.00 to nearly ₦8.00 per share – a reflection of the company’s solid fundamentals and growth trajectory.

Through the issuance of 12.58 billion ordinary shares at ₦7.00 per share, Sterling Holdco aims to raise fresh capital to fortify its balance sheet and fund growth initiatives over the next three years.

The company, which strategically owns two banks, a wealth management firm, and consumer-focused businesses, has reiterated its commitment to sustainable growth and innovation. Market analysts believe the public offer presents a compelling opportunity for investors looking to tap into one of the fastest-rising financial groups in Nigeria.