Fidelity Bank says audited H1 financial statement undergoing review by CBN

Fidelity Bank Plc has notified the Nigerian Exchange Limited and the investing public of delay in publishing its 2021 half-year (H1) audited financial statements (AFS), noting that the AFS is still undergoing review by the Central Bank of Nigeria (CBN) “and will be published upon receipt of the CBN’s approval.”

Fidelity Bank Plc also reminded its insiders that the trading window for dealing in the bank’s shares remains closed to all Insiders and their Connected Persons until 24 hours after the release of the audited financial statements for the half-year ended June 30, 2021.

“This is to inform Nigerian Exchange Limited (NGX), our esteemed shareholders and the general public that following the approval of Fidelity Bank Plc’s Audited Financial Statements (AFS) by its Board of Directors on August 5, 2021, the AFS was submitted to our primary regulator (the Central Bank of Nigeria (CBN), for its approval, before release of same to the market”, the bank noted in a notice at the NGX.

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.