RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Banking

Sterling Bank waives transaction fees over naira scarcity

Rate Captain by Rate Captain
February 8, 2023
in Banking
Reading Time: 1 min read
A A
0
Sterling Bank waives transaction fees over naira scarcity
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

All personal account transaction fees have been waived, according to Sterling Bank, as a show of support for its clients amid the recent naira scarcity issue.

Abubakar Suleiman, the chief executive officer of Sterling Bank, informed clients of the news through email.

AlsoRead

Cash Outside Banks Falls by N486 Billion to Seven-Month Low

Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026

Banks’ Maximum Lending Rate Eases to 33.16% in June

The message reads, “We at Sterling recognise the difficult circumstances many of our customers are going through. In light of this, from February 6, 2023, through February 18, 2023, our fund transfer services will be provided free of charge to all personal account customers.

“In addition, we are glad to inform you that we will provide free debit cards to all interested customers. This will provide you with a convenient and secure way to make purchases and carry out transactions.”

A statement said this is part of Sterling Bank’s continued efforts to support its customers and the general public as Nigeria adjusts to the availability of the new naira notes that are now being distributed across the country.

Sterling Bank’s Chief Marketing Officer, Dante Martins, said, “We believe that by eliminating transaction costs for this period, we can assist our customers make their banking experience more easy by making the most of our powerful digital solutions.

“We understand that our consumers need choices when it comes to their everyday requirements, and we want to make sure that we can serve them as best as we can during this time.”

Previous Post

Google introduces Bard, a ChatGPT competitor.

Next Post

NGX Appoints an Advisory Panel on Digital Technology Products.

Related News

CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

Cash Outside Banks Falls by N486 Billion to Seven-Month Low

by Stephen Akudike
July 28, 2026
0

Currency held outside Nigeria’s banking system dropped to its lowest level in seven months in June 2026, signalling a gradual...

FG Secures $1.95 Billion in World Bank Loans Amidst Debt Concerns

Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026

by Victoria Attah
July 28, 2026
0

Corporate borrowers and state-backed entities paid coupon rates as high as 20% to access Nigeria’s debt capital market in the...

Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Banks’ Maximum Lending Rate Eases to 33.16% in June

by Jide Omodele
July 27, 2026
0

Nigeria’s average maximum lending rate declined to 33.16% in June 2026, down from 34.78% in May, offering a slight reduction...

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Revokes Licences of 46 Microfinance Banks in Major Regulatory Sweep

by Victoria Attah
July 8, 2026
0

The Central Bank of Nigeria (CBN) has revoked the operating licences of **46 microfinance banks** with immediate effect, citing serious...

Next Post
NGX Appoints an Advisory Panel on Digital Technology Products.

NGX Appoints an Advisory Panel on Digital Technology Products.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

Cash Outside Banks Falls by N486 Billion to Seven-Month Low

July 28, 2026
FG Secures $1.95 Billion in World Bank Loans Amidst Debt Concerns

Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026

July 28, 2026

Popular Story

  • CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

    Cash Outside Banks Falls by N486 Billion to Seven-Month Low

    0 shares
    Share 0 Tweet 0
  • Cooking Gas Prices Drop Across Nigeria as Lagos Records Lowest Rate of N1,200 per kg

    0 shares
    Share 0 Tweet 0
  • Petrol Climbs to N1,400 per Litre as Transport Fares Rise Across Nigeria

    0 shares
    Share 0 Tweet 0
  • Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026

    0 shares
    Share 0 Tweet 0
  • Banks’ Maximum Lending Rate Eases to 33.16% in June

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>