UBA, Fidelity Bank Secure NGX Approval to Declay H1 2026 Result

United Bank for Africa Plc (UBA) and Fidelity Bank Plc have secured an extension from the Nigerian Exchange Limited (NGX) for the publication of their audited financial statements for the half-year period ending June 30, 2026. Both financial institutions are now slated to submit their results by September 30, 2026.

The NGX approval allows the banks additional time to finalize and present their financial reports. UBA's Group Company Secretary/Legal Counsel, Bili Odum, stated that the bank's board approved the H1 2026 Financial Statements on August 13, 2026. However, the release of these results is contingent upon securing approval from the primary regulator.

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In this regard, the bank has requested and obtained approval of the NGX for an extension of time to file the results on or before September 30, 2026, subject to obtaining the requisite regulatory approvals for the publication of the Results.

Similarly, Fidelity Bank's Company Secretary, Ezinwa Unuigboje, confirmed that the audited H1 2026 financial statements are being finalized. Upon completion, they will be presented to the Central Bank of Nigeria (CBN) for approval before publication, in accordance with exchange rules and relevant regulations.

Both banks reminded their insiders that the previously declared closed period for trading in their securities remains active and will continue until 24 hours after the publication of the H1 2026 results. Yesterday, UBA's stock price saw a 1.44 percent decrease, closing at N44.45, while Fidelity Bank's shares depreciated by six percent to N18.80 on the NGX.

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Premised on the foregoing, the approval of the NGX was obtained for an extension of time to September 30, 2026, subject to receipt of regulatory approval from the CBN for the H1 2026 audited accounts.