Sterling Monetary Holdings Firm Plc disclosed that Seven Levels North Restricted, a non-public funding agency linked to CEO Yemi Odubiyi, acquired shares price N578.1 million.
Based on the disclosure filed on the Nigerian Alternate, a complete of 82 million strange shares have been bought at N7.05 per share on the NGX buying and selling platform in Lagos.
The transaction, recognized with the code NGSTERLNHCO9, was executed in two tranches on 24 December and 29 December 2025.
The primary tranche concerned the acquisition of 62 million shares, whereas the second tranche comprised 20 million shares, each on the similar worth of N7.05 per share.
What the corporate’s books are saying
Based mostly on the corporate’s nine-month 2025 monetary statements launched in late October 2025, Mr. Yemi Odubiyi had no oblique shareholding on the time.
That has now modified, as he now holds 82,000,000 oblique models by Seven Levels North Restricted.
His direct shareholding additionally elevated considerably, rising from 376,417,493 models in December 2024 to 729,420,773 models by September 2025.
- In whole, Mr. Odubiyi now controls 811,420,773 models, representing a 1.56% stake, primarily based on the corporate’s excellent share capital of 52.1 billion models on the Nigerian Alternate.
- Up to now, the chairman, Mr. Adeyemi Adeola, stays the board member with the very best stake, holding 12,256,865,434 models, equal to 23.52%.
The 82,000,000-unit acquisition was made at N7.05 per share, a dip that would enchantment to value-focused buyers.
Market pattern
Sterling has delivered over 25% return to buyers this 12 months, rising from a gap worth of N5.60 in the beginning of the 12 months to N7.05 as of the ultimate buying and selling day of 2025.
The inventory started the 12 months on a constructive word, closing January within the inexperienced with a 3.57% acquire from N5.60 to N5.80.
This was adopted by a light pullback that lasted till April, throughout which the share worth dipped to N5.40.
From Could, constructive worth momentum strengthened, lifting the inventory to N5.70 by the tip of June and leading to a modest first-half acquire of 1.79%.
The second half of the 12 months accounted for the majority of the annual good points.
- July recorded a pointy 22.81% rally, adopted by an 11.43% enhance in August, pushing the share worth to a peak of N7.80.
From September onward, the inventory entered a retracement part. As of 31 December 2025, Sterling’s shares are buying and selling at N7.05.
9-month financials
For the nine-month interval, revenue earlier than tax surged 141% 12 months on 12 months to N70.96 billion, up from N29.4 billion.
A key driver of this efficiency was stronger curiosity earnings, which grew by 38.73% to N262.4 billion from N189.1 billion.
- Loans and advances to prospects accounted for a good portion of this, contributing about N175 billion.
After curiosity bills of N119.3 billion, internet curiosity earnings stood at N143 billion.
This was complemented by N35.8 billion in internet charges and fee earnings, internet buying and selling earnings of N22.7 billion, and different earnings of N20.5 billion, bringing working earnings to N222.2 billion, representing a 57.69% enhance.
- After accounting for impairment prices, working earnings settled at N214.2 billion.
On the steadiness sheet, whole belongings expanded from N3.5 trillion to N4.0 trillion, whereas retained earnings rose 62% to N102.1 billion.