Ecobank Transnational Incorporated (NGX: ETI) has announced delay in the publication of its Consolidated Audited Accounts for the year ended December 31, 2022.
On March 1, 2023, ETI announced that its board of directors had approved the Audited Accounts and the payment of a dividend subject to the completion of standard procedures and relevant regulatory approvals.
In a corporate action document published on the Nigerian Exchange on Monday, ETI said it is “yet to receive regulatory approval in respect of the component audit of a material subsidiary company.
ETI also said it has “obtained the approval of the Securities and Exchange Commission of Nigeria for an extension of time till March 31, 2023 to file the 2022 Audited Accounts.”
The company said that the details of the Audited Accounts will be published upon approval of the regulators of the relevant material subsidiary.
“Consequently, the closed period which commenced from January 1, 2023, will continue until 24 hours after the Audited Accounts for the year ended December 31, 2022 are released to the Stock Exchanges on which Ecobank Transnational Incorporated is listed,” it added.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
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