New acquisitions delay FBN’s 2013 account submission

New acquisitions made by FBN Holdings Plc during the 2013 financial year is presently frustrating timely submission of its year end reports and accounts for December 31, 2013 to the Nigerian Stock Exchange, NSE.

Usually, quoted companies are required to submit their year end financial statement to the NSE latest three months after the end of the financial year.

FBN had late last year concluded transaction for the acquisition of West African banking assets of International Commercial Bank (ICB) Financial Group Holdings in Ghana, Guinea, Gambia and Sierra Leone… Read More

Culled from Vanguard

April 2nd, 2014
Posted In: Business

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