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Sunday, February 15, 2026

Sterling Bank announces 50 more custom-built vehicles to fleet

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In a bid to support the growth and development of the Nigerian economy, Sterling Bank Plc has announced a partnership with Nigeria’s premier automobile manufacturer, Peugeot Automobile Nigeria to deliver 50 made-to-order vehicles for official use across the bank’s locations nationwide.

In a first of-its-kind partnership, Sterling bank teamed up with the Kaduna-based car maker to customise the vehicles based on their deep understanding of the Nigerian terrain as well as required mode of usage.

“Following our strategic drive as a bank to focus on impacting the critical sectors of the Nigerian economy, we had to evaluate every aspect of our business transactions to ensure we were doing same to support the growth of the economy. By acquiring our company pool cars from a local manufacturer, we ensured that not only will the funds circulate within Nigeria, the impact of the partnership will equally boost our local manufacturing sector to provide jobs and improve the skills of people participating in that sector, said Raheem Owodeyi, Chief Operating Officer of Sterling Bank Plc.

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