CBN’s approval delays Stanbic IBTC’s result

Stanbic IBTC Holdings has reported that the delay in the release of its half year audited result for the period ended July 31 was caused by the Central Bank of Nigeria (CBN).

Mr Chidi Okezie, the Company Secretary, said this in a notice posted on the website of the Nigerian Exchange (NGX) Ltd. in Lagos.

The notice informed NGX Regulatory Ltd. and its stakeholders that the company was currently seeking approval from the Central Bank of Nigeria (CBN) to ensure the release of its audited half year results ended July 31.

The notice read: “This is to inform NGX Regulation Ltd. as well as our esteemed stakeholders that we are experiencing a slight delay in the release of the 2021 half year adited financial statements for Stanbic IBTC Holdings Plc.

TO CONTINUE READING CLICK HERE