Bouncing Back: 3 Steps to Recover from Fraud
Fraud is an unfortunate reality that many Nigerians have had to grapple with. From the infamous email scams to the more recent rise in cybercrime and POS scams, fraudsters have found creative ways to separate people from their hard-earned money. If you or someone you know has been a victim of fraud, you are not […]
Shine Your Eye: 3 Ways to Spot a Fraud in Nigeria
Fraud is a growing concern in Nigeria, with scammers constantly developing new tactics to deceive people out of their hard-earned money. At Sterling Bank, it is our duty to educate customers on how to protect themselves from these unscrupulous activities. Let us explore some common fraud schemes and tips to identify them. Phishing […]
Don’t Be a Victim: 4 Ways to Report Fraud and Protect Yourself in Nigeria
Fraud is a serious crime that can have devastating impacts on individuals and businesses in Nigeria. Whether you have been a victim or simply noticed suspicious activity, it is crucial to report fraud immediately. By providing details, you can help authorities crack down on fraudsters and prevent others from falling victim. Report to the […]
Navigating Inflation: Strategies for Nigerian Businesses
Inflation is a harsh reality for businesses around the world, and Nigeria is no exception. From rising costs of raw materials and rent to employee wages, businesses big and small are feeling the pinch. While we can’t control the economic tides, we can equip ourselves with the right tools to weather the storm. This article […]
Outsmarting Fraudsters: How to Protect Yourself from Fraud
Financial fraud is a major problem in Nigeria, with criminals using increasingly sophisticated tactics to steal money and personal information. As a bank customer, it’s crucial to stay vigilant and take steps to secure your accounts and data from fraudsters. In this post, we’ll explore ways to protect yourself against common fraud schemes online, at […]
Climbing Beyond: Shegun Odegbami’s Playbook for Success.
The sights are set, and the bar is raised yet again. In athletics, the eternal quest of “Climbing Beyond” previous bests fuels top performers to defy limitations. Channeling relentless drive, unwavering focus, and pinpoint execution, elite athletes achieve greatness by repeatedly raising their performance ceiling. The same thirst for perpetual growth separates game-changing leaders from […]
Stolen Phone? 4 Steps to Protect Yourself from Fraud
Losing your phone can be a nightmare in today’s world where our lives are so deeply intertwined with these devices. More than just an inconvenience, a stolen phone puts you at risk of identity theft and financial fraud. If you’re a victim, don’t panic – take these 4 crucial steps immediately to safeguard your data […]
4 Ways to Invest “Small Small” in These Trying Times
Dear Nigerians! With the dollar going up and down like a child throwing tantrums leading to the price of everything going up with no plans to come down, I’m sure you’re thinking “If only I had more money to spend”! Well, with the economic situation in the country, we cannot control what happens to the […]
Making Sense of Savings and Current Accounts
In the Nigerian banking space, the lines between savings and current accounts seem to blur as Nigerians adapt their financial strategies; choosing to use the functions of one account type in the place of the other to suit their hustle. Let’s take a look at the features of Savings and Current Accounts and make sense […]
Interest Rates for Beginners: All You Need to Know
The concept of interest rates may be confusing. These seemingly elusive numbers play a relevant role in the world of banking, influencing our savings, loans, and overall financial well-being. In this guide, we’ll take a close look at the mystery behind interest rates, breaking down the types, calculations, and the profound impact they have on […]
Introduction to Banking Basics; A Guide for Beginners
In the vast landscape of personal finance, understanding the fundamentals of banking is akin to having a reliable compass in the financial wilderness. Whether you’re just starting your financial journey or looking to deepen your understanding, grasping the basics of banking is essential. This guide aims to provide clarity on fundamental concepts, elucidate the role […]
HOW TO AVOID LOAN SCAMS IN NIGERIA: 4 KEY RED FLAGS
Loans are a great way to finance your goals, support your businesses, or even bring your ideas to life. However, it’s important to be careful while accepting loans to avoid costly mistakes or scams. Nearly 48 percent of scams are financial and at a time when it has become easier to access loans, it is equally […]
Payment Cards: Types, Features and Benefits.
Isn’t it wild how in Nigeria, we ended up using money to “buy “money in 2023? Remember that chaos when cash became scarce before the 2023 elections? Buying a quick Suya from our friendly ‘Aboki’ became a struggle, all thanks to the Central Bank revamping the Naira notes. But our trusty payment cards were there […]
8 Essential Tips for Secure Payment Card Use in Nigeria
“Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.” A wise quote from a book worth reading; but I guess fraudsters didn’t get the memo. Fraudsters are always out looking to make fast money and sadly, your bank account is a go-to destination for them. However, if you observe these […]
The A-Z of Personal Finance
Do you find financial jargon confusing? Phew! You’re definitely not alone. The world of finance is filled with complex terminologies that can be difficult to understand. But fear not, we’re here to help! Leave us to flex our super power by explaining key financial terms in simple ways. It’s our way of showing off so […]
