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Sterling Bank Offers Eligible Nigerians Up to ₦1 Million Monthly in Financial Support

Sterling Bank Offers Eligible Nigerians Up to ₦1 Million Monthly in Financial Support

Sterling Bank Offers Eligible Nigerians Up to ₦1 Million Monthly in Financial Support

Sterling Bank, a leading commercial institution and Africa’s most agile company, has announced the launch of AlwaysOn by Sterling—a transformative feature on its OneBank platform. This initiative enables qualified users to access up to ₦1 million monthly, even when their account balances are low.

This was revealed on Workers’ Day 2025, AlwaysOn represents a solid foundation to Sterling’s broader mission to eliminate structural obstacles to financial autonomy and support Nigerians in navigating economic uncertainty with confidence.

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Exclusively available by invitation, AlwaysOn is designed for customers who have maintained active OneBank accounts over time. The feature offers advance access to funds for essential transactions, bill payments, and other urgent needs—without the delays or complications typically associated with conventional credit systems.

“This goes beyond simply providing funds,” remarked Abubakar Suleiman, Chief Executive Officer of Sterling Bank. “It’s about restoring dignity and enabling freedom. Our goal is to empower our customers with both trust and the tools they need to respond decisively to life’s demands.”

Suleiman further clarified that AlwaysOn should not be viewed as just another product, but as a fundamental rethinking of how the bank supports its clientele.

“We are cultivating a financial ecosystem built around momentum—for people driven by urgency, resilience, and ambition,” he stated. “If you’ve been banking with us, you’ve earned our trust. Now we’re reinforcing that trust with tangible support.”

The launch of AlwaysOn continues Sterling Bank’s commitment to reshaping the financial landscape in favor of everyday Nigerians. It follows on the heels of the Zero Transfer Fees initiative introduced in April, which returned an estimated ₦13 billion to customers by eliminating transaction charges across the OneBank platform. Additionally, the Free Bus Ride program eased commuting costs for workers during a period of economic strain.

These initiatives collectively reflect Sterling’s proactive, customer-centric philosophy—now powered by SeaBaas, Nigeria’s first homegrown core banking system.

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“We’re not a bank that watches from the sidelines while Nigerians struggle,” said Obinna Ukachukwu, Executive Director of Retail and Consumer Banking. “We’ve removed barriers like transfer fees. Now, we’re offering Nigerians the financial leverage they need to seize opportunities as they arise. We’re right there in the game with them.”

The bank’s efforts have garnered both widespread public endorsement and national acclaim, reinforcing its position as a trailblazer in redefining the role of corporate responsibility in the financial sector.

Prominent figures from various sectors have publicly supported the bank’s initiatives, applauding its leadership in driving innovation and inspiring others within the industry to follow suit.

Nigerians are encouraged to join the waitlist for AlwaysOn ahead of its public rollout later this month, and ultimately, to take advantage of the opportunity for monthly advances of up to ₦1 million.

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