Sterling Bank and StarTimes Nigeria have launched a new initiative aimed at making solar energy more affordable and accessible for Nigerians.
The partners unveiled Sterling Solar Financing Hubs at StarTimes retail outlets, where customers can select solar products, receive financing guidance and begin the loan application process. The organisations are targeting ₦2 billion in renewable energy financing by the end of 2026.
According to the companies, the partnership has already facilitated over ₦600 million in solar financing transactions. The first rollout phase will cover five locations in Lagos before expanding to 46 outlets nationwide and eventually more than 200 locations across the country.
The initiative is expected to help thousands of households and small businesses reduce energy costs, improve access to reliable electricity and support Nigeria’s transition to cleaner energy sources.
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