The Nigerian capital market is abuzz as Sterling Financial Holdings Company Plc (Sterling Holdco) attracts a surge of investor interest in its recently launched public offer.
Opened on September 17, 2025, the offer seeks to raise capital through the issuance of 12.58 billion ordinary shares at ₦7.00 each—a price set at a 6% discount to the current market value. This attractive entry point has positioned the offer as one of the hottest tickets in the financial sector this year.
In just one year, Sterling Holdco’s share price has surged from ₦4.00 to nearly ₦8.00 per share, reflecting the company’s strong fundamentals and growth outlook. Financial experts say this track record, coupled with the group’s diversification strategy, explains the overwhelming investor response.
Sterling Holdco, parent company of Sterling Bank, The Alternative Bank, SterlingFI Wealth Management, and other innovative businesses, plans to deploy proceeds from the offer towards bolstering its capital base and financing strategic initiatives over the next 36 months.
Analysts also highlight the group’s consistent focus on innovation, financial inclusion, and sustainable growth, pointing out that its strong leadership and market position make it a compelling bet for both short- and long-term investors.
Although the offer remains open, speculation is rife that it may already be oversubscribed, underlining the scale of investor appetite for Sterling Holdco’s future.