The Central Bank of Nigeria (CBN) has still not approved the 2022 Annual Financial Statements (AFS) of Unity Bank, and First Bank of Nigeria (FBN) Holdings and the lenders have been unable to finalise the earnings report.
While the financial regulator has since approved the financials of 10 other commercial banks, Unity Bank informed shareholders that the firm is still undergoing the requisite regulatory process for approval.
Both financial institutions are one month behind the stipulated timeframe for the publication of annual financial statements as required by the capital market authority, Nigerian Exchange Limited (NGX).
