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Sterling Bank seeks extension for submission of Annual Financial Statements

Sterling Bank Plc has submitted a request for a short extension outside the deadline for filing its Annual Financial Statements (AFS) for the year ending 31st December 2022 with the Nigerian Exchange (NGX).JAMB Result

In a statement issued in Lagos on Thursday and signed by the Chief Marketing Officer of the bank, Mr. Dapo Martins said the request for an extension for filing its AFS was contained in a letter to the NGX filed on the 29th of March, 2023.Information Guide Nigeria


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According to NIGERIAN TRIBUNE, Sterling Bank’s Company Secretary and Chief Legal Officer, Ms. Temitayo Adegoke emphasized that the bank’s commitment to maintaining regulatory compliance and transparency remains a top priority.JAMB Portal

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The bank’s letter to the Nigerian bourse added that “In continuing compliance with the post listing requirements of the NGX, the previously announced closed period which commenced on 1st of January 2023 will continue until 24 hours after the AFS for the year ended 31st of December 2022 is released on the floor of the Exchange”.

The extension request is on the back of the Bank’s impressive financial performance contained in its earlier released unaudited full-year 2022 results, with the bank reporting a 39 percent increase in pre-tax profits.

According to NIGERIAN TRIBUNE, this achievement marks Sterling’s fifth consecutive year of growth, attributed to customer-focused innovation and the successful execution of the HEART of Sterling’s strategy.NYSC Portal

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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