Sterling Plus Cash promo: Trader, retiree become millionaires


The duo of Mr. Augustine Chijioke, a spare parts dealer in the Sabongari area in Kano and Mr. Joseph Otorkpa, a retired Chief Accountant at the Supreme Court Abuja have emerged millionaires in the ongoing New Sterling Plus Cash Reward Scheme Season 2.

However, the two were not the only ones smiling to the Bank this season as Rev. George Bako and Mr. Yakubu Bashir were also N500,000 richer.

They were selected via an electronic raffle draw held at Sterling Bank’s Corporate Head Office in Lagos and attended by representatives from the National Lottery Commission (NLRC) and the Consumer Protection Council (CPC).

According to the bank, 30 customers of the Bank had won N100,000 each while 289 others had been rewarded with the sum of N50,000 each for their participation  in the promo to date.


In the first season of the promo, the bank paid out a total of over N40 million. Five customers of the Bank won One Million Naira each, six won N500,000 each, 70 others became N100,000 richer, while 579 customers went home with the sum of N50,000 each.

Mr. Augustine Chijioke who could not hide his excitement at the presentation of the prize money commended the Bank for fulfilling its promise of rewarding customer loyalty adding that “this will remain memorable to me as long as l live as this will be a great support to my business”.

He speaks further: “One can best imagine what is happening to me because this can only be God. I found it very difficult to believe the news when l got a call from Sterling Bank that l had won a million naira. In fact, l could not rejoice, I was just calm.  I was still in doubt until this was reconfirmed to me when l got to my branch. l thank Sterling Bank for this gesture and assure that l will remain a good ambassador of the brand”.

In the same vein, Mr. Yakubu Bashir who went home with the sum of N500,000 said the gesture will  go a long way to reinforcing customers’ confidence in the Bank and lead to increased patronage. “Sterling Bank has fulfilled its promise to enrich the lives of its customers and on behalf of other winners l want to say a big thank you to Sterling Bank”, he concluded.

The New Sterling Plus Cash Reward Scheme was introduced by Sterling Bank Plc last year in fulfillment of its promise to reward customer loyalty, encourage a savings culture among Nigerians and promote financial inclusion.

To be part of the reward scheme, all customers with a minimum balance of N5,000 automatically qualify for the cash reward draws with 1 ticket while subsequent multiples of N5,000 results in additional tickets. Non-individual customers under the Clubs, Associations, Religious Bodies and Societies category can also participate with a minimum balance of N10,000.


In his remarks, the Bank’s Group Head, Strategy & Communications, Mr. Shina Atilola explained that the New Sterling Plus is a hybrid account with the promise of many goodies. He described the product as the perfect solution for individuals interested in enjoying the benefits of both current and savings account offerings without the associated cost of running a current account.

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