Sterling Bank Unveils N2 Billion University Scholarships for Nigerian Youths
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Sterling Bank |
On Democracy Day, Sterling Bank introduced a major education initiative called "Beyond Education", aimed at supporting future Nigerian leaders by breaking down barriers to quality, modern education.
This program marks one of the largest private investments ever made in a single Nigerian university.
The initiative aligns with Sterling’s ongoing focus on the HEART sectors—Health, Education, Agriculture, Renewable Energy, and Transportation—where the bank has already invested over ₦500 billion in development efforts.
Sterling Bank CEO, Abubakar Suleiman, emphasized the bank’s action-oriented approach, stating, “We’re not just discussing Nigeria’s potential—we’re investing in it. These scholarships are meant to empower the builders of tomorrow's institutions and solutions.”
Through the Beyond Education program, 600 students across Nigeria will receive full scholarships to study impactful subjects like Technology, Finance, Sales, and Public Health.
The program is open to youth from all 36 states and the FCT. Applicants can nominate themselves or be nominated by others. Final selection will be through a public voting process—exclusive to Sterling Bank account holders.
Obinna Ukachukwu, Growth Executive at Sterling, described the effort as “a model of inclusive investment.”
The initiative is being piloted in partnership with Miva University, an accredited institution founded by tech entrepreneur Sim Shagaya, known for offering flexible and affordable programs tailored to the digital economy.
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