• Contact Us
  • About Us
Wednesday, October 7, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Banking

GTCO Delays Release Of H1 2026 Results To September On Regulatory Requirements

metro by metro
August 21, 2026
in Banking
0
GTBank’s System Upgrade Leaves Trail Of Frustration, Discontentment, Customers Weigh Options
0
SHARES
0
VIEWS

 

Following the impact of the regulatory requirements on its original reporting timeline of the audited half year financial statements for the period ended June 30, 2026, Guaranty Trust Holding Company Plc , GTCO, has obtained approval from the Nigerian Exchange Limited, NGX, for additional time to September 30, 2026.

Read Also

CBN Cuts Benchmark Rate To 23% In Jumbo 350bp Move, First Big Easing Since 2020

Former JPMorgan Executive Staley Admits Sharing Confidential Bank Information With Epstein

Amid Liquidity Concerns, CBN Sells N700 bn Treasury Bills Today In Second August Auction

The NGX approval for the delay in publishing the H1 2026 results is however subject to the company obtaining the necessary approval from its primary regulator.

The development was disclosed in a regulatory filing with the NGX on Thursday and signed by GTCO Group General Counsel and Company Secretary, Erhi Obebeduo.

According to GTCO: “The Company has requested an extension of time from the Nigerian Exchange Limited (‘NGX’) to publish its HAFS and the NGX graciously approved the extension of time to publish the HAFS to September 30, 2026, subject to the receipt of the required regulatory approval.”
The company said its Board of Directors had reviewed and approved the half-year financial statements on July 28, 2026.

The company noted further that: “The approval of the primary Regulator is required before release of the HAFS to the market.”

READ ALSO:2027: Ordinary Nigerians Need To See Measurable Improvement In Their Lives-Kukah

It added that it could, however, publish the results before the new deadline if the required regulatory approval is obtained earlier.

“If the approval is received earlier, the Company’s HAFS would be released to the market earlier than the period approved by the NGX.”

The development is coming after GTCO reported a marginal 0.88 percent increase in its profit before tax of N302.89 billion for the first quarter of 2026.

However, profit after tax declined by 15.42% year-on-year to N218.13 billion.

The standard regulatory deadline for listed companies on the NGX to file interim half-year (H1) or second-quarter financial statements is 30 calendar days following the end of the period, mostly, July 30, for a June 30 half-year end, for unaudited accounts

But, companies submitting interim audited half-year statements or requiring primary regulatory sign-offs, from Central Bank, (CBN) for instance, for approval, have a baseline due date of 60 calendar days and that would mean August 28, and they can formally apply for extensions.

 

 

.

 

Previous Post

Five African countries end polio outbreaks

Next Post

At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

Related Posts

CBN
Banking

CBN Cuts Benchmark Rate To 23% In Jumbo 350bp Move, First Big Easing Since 2020

September 22, 2026
Former JPMorgan Executive Staley Admits Sharing Confidential Bank Information With Epstein
Banking

Former JPMorgan Executive Staley Admits Sharing Confidential Bank Information With Epstein

August 27, 2026
CBN
Banking

Amid Liquidity Concerns, CBN Sells N700 bn Treasury Bills Today In Second August Auction

August 26, 2026
Zenith Retains Nigeria’s Best Tier-1 Capital Bank For Sixteenth Consecutive Yr In 2025 Top 1000 World Bank’s Ranking
Banking

Zenith Is Africa, Nigeria’s Best Bank At Euromoney Awards For Excellence

July 24, 2026
Next Post
At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

WFP strongly condemns attack on trucks in South Kordofan, killing one driver

October 6, 2026

Investing in Better Jobs, Faster Growth: New World Bank Group Report Helps Chart a Path to Poverty Reduction in Tanzania

October 5, 2026

Invest Qatar, Aurion Capital and LG NOVA engage to advance technology investments and venture building in Qatar

October 2, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version