UBA, Stanbic explain selves to NSE on delayed H1 financial reports

Delayed H1 financial reports

Two listed banks at the Nigerian Stock Exchange (NSE) have stepped forward to explain why they have not filed their respective financial results for the half year period ended June 30, 2020. The lenders are the United Bank for Africa (UBA) and Stanbic IBTC Bank. In different corporate fillings at the bourse in the early hours of Monday, the lenders both gave delays in regulatory approval of the reports by the Central Bank of Nigeria (CBN), their primary regulator, as the reason for the development. According to the UBA in…

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