Top directors at Sterling Financial Holdings involved in N515.26m insider dealings

Four directors at Sterling Financial Holdings Company and its subsidiary firm, Sterling Bank, were involved in insider dealings at the end of August 2023.

Information gleaned from multiple documents obtained on Sunday from the Nigerian Exchange Limited (NGX), showed the four top directors as; Raheem Owodeyi, Abubakar Suleiman, Tunde Adeola and Yemi Odubiyi.

Their dealings involved acquisitions of 155.83 million shares on August 31, 2023. The shares acquired by the directors were valued at N515.26 million.