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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

GTCO secures NGX extension for H1 2026 results

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

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  • Guaranty Trust Holding Company Plc (GTCO) has received an extension from the Nigerian Exchange Limited (NGX) to publish its half-year financial results for 2026.
  • The delay is due to the need for mandatory clearance from the primary regulator before the audited financial statements can be released to the market.
  • GTCO has set a new publication deadline of September 30, 2026, but will release the results earlier if regulatory approval is granted.

Guaranty Trust Holding Company Plc (GTCO) has secured an extension from the Nigerian Exchange Limited (NGX) to delay the publication of its audited half-year financial statements for the period ending June 30, 2026. The company's Board of Directors had approved the financial results on July 28, 2026, but regulatory clearance is still pending.

To maintain compliance with exchange rules while awaiting the necessary approval from its primary regulator, GTCO requested and was granted a new publication deadline of September 30, 2026. The Group General Counsel and Company Secretary, Erhi Obebeduo, reassured investors that the company would release the interim audited financial statements sooner if the approval is received before the new deadline.

Under directives from the Central Bank of Nigeria, major commercial banks and financial holding entities must submit their financial accounts for supervisory review before public release. While the NGX aims for market transparency with standardized timelines, extensions are common for institutions like GTCO to accommodate regulatory review processes without violating listing compliance rules. Market analysts are awaiting the release of these figures to assess GTCO's performance, asset quality, and potential interim dividend declarations for the 2026 financial year.

Kindly be assured that if the approval is received earlier, the companyโ€™s interim audited financial statements would be released to the market earlier than the period approved by the NGX.

โ€” Erhi ObebeduoReassuring investors over the revised timeline for the publication of GTCO's financial statements.
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Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.