Four commercial banks have said they will delay filing their audited results for 2023.
The United Bank for Africa, Zenith Bank, Stanbic IBTC and Wema Bank had announced that they would not meet the deadline for the filing of their audited results for the 2023 financial year.
According to the Nigerian Exchange rules, listed companies are expected to file their previous year’s results by March 31.
Most affected banks revealed they were still getting approval from their sector regulator, the Central Bank of Nigeria.
UBA, in a notice filed with the NGX, said, “This is to inform The Nigerian Exchange Limited, our shareholders, and the general public that the 2023 Financial Statements and Reports for the year ended December 31, 2023, submitted to the Central Bank of Nigeria is undergoing the required review and approval process. Consequently, the bank has yet to publish its audited financial statements on the NGX portal.”
