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Sterling Bank Expands ₦2bn Scholarship Scheme with Paid Internships and Job Offers

Sterling Bank is taking its Beyond Education campaign to the next level—offering not just scholarships but also real career opportunities to hundreds of Nigerian youths.

As part of its ₦2 billion scholarship fund, which supports 600 students across all 36 states and the FCT, the bank has now introduced guaranteed jobs and paid internships for selected beneficiaries.

Interns under this scheme will receive competitive stipends, formal training, and the chance to work closely with senior leaders across various departments at Sterling Bank.

The Beyond Education campaign was officially launched on Democracy Day and continues to gain attention nationwide. Beneficiaries will be chosen through a transparent selection process involving community leaders and Sterling Bank customers. The first set of award letters is expected to go out this month, with academic sessions set to begin in September.

Speaking on the initiative, Sterling Bank CEO Abubakar Suleiman stated:

“Nigeria’s greatest asset is its people, and our responsibility is to equip them to lead, innovate, and transform. With this initiative, we have created a launchpad for the next generation of builders and problem solvers.

This is the work that moves a nation forward. This is the path we have deliberately chosen as an institution.”

Sterling is also calling on other forward-thinking organisations to contribute—by offering mentorship, internships, or employment opportunities to scholarship recipients. According to the bank, this is a chance for employers across industries to help shape a more inclusive and productive future for Nigeria.

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This new development reflects Sterling’s belief that education shouldn’t stop at the classroom. By giving young Nigerians access to real-world work experiences in areas like banking, tech, customer service, and risk management, the bank is building a strong bridge between academics and employment.

Sterling’s HEART strategy—focused on Health, Education, Agriculture, Renewable energy, and Transportation—has already impacted over 30 million Nigerians. From rural health booths and upgraded public schools to support for farmers and electric mobility solutions, the bank continues to invest in initiatives that make a lasting difference.

Earlier this year, Sterling made headlines as the first Nigerian bank to eliminate transfer fees for individual customers—saving Nigerians over ₦600 million in just three months. Its AlwaysOn feature also gives eligible customers instant access to ₦1 million cash advances, offering a financial safety net when it’s needed most.

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