Sterling Bank is shaking up the credit space with a bold new offer that could see some Nigerians receiving an extra N1 million monthly—regardless of their account balance. The commercial bank, known for its digital-forward approach, announced a new feature called AlwaysOn as part of its OneBank platform.
The feature, launched on Workers’ Day 2025, promises to give eligible customers access to advance funds each month. But there’s a catch—it’s not open to everyone. AlwaysOn is invitation-only, tailored for individuals who’ve kept their OneBank accounts active for a significant period. Sterling says the idea is to eliminate the red tape common with traditional loan systems and help users act fast when life throws a curveball.
“This is not just about funds,” said Abubakar Suleiman, Sterling Bank’s Chief Executive Officer. “It’s about freedom and dignity. It’s about backing our customers with the trust and tools to act boldly when life demands it.”
More Than Just a Credit Line
Suleiman made it clear that AlwaysOn isn’t another credit product. Instead, it reflects a shift in how Sterling envisions financial support for its users. By focusing on trust and momentum, the bank says it wants to empower Nigerians with “dreams too big to wait.”
“We’re building a financial ecosystem designed for momentum,” Suleiman added. “If you’ve banked with us, you’ve earned our confidence. Now you’ll have our backing to match.”
The rollout of AlwaysOn is part of a broader push by the bank to level the financial playing field. Just weeks earlier, Sterling eliminated transfer fees on its OneBank app, a move estimated to return over ₦13 billion to users.
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