{
  "id": 3140976,
  "title": "UBA, Fidelity Bank Secure NGX Approval to Declay H1 2026 Result",
  "url": "https://urgent.news/2026/08/24/uba-fidelity-bank-secure-ngx-approval-to-declay-h1-2026-result",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T23:57:16.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/08/25/uba-fidelity-bank-secure-ngx-approval-to-declay-h1-2026-result/"
  },
  "original_language": "en",
  "account": "United Bank for Africa Plc (UBA) and Fidelity Bank Plc have informed market stakeholders that they have obtained approval from the Nigerian Exchange Limited (NGX) to delay the release of their audited financial statements (AFS) for the half-year ended June 30, 2026. Both banks are expected to submit their H1 2026 audited financial statements on or before September 30, 2026. UBA's Group Company Secretary/Legal Counsel, Bili Odum, disclosed that the bank's board of directors approved the financial statements at their meeting held on August 13, 2026. However, the primary regulator's approval is required before the release of the results. Fidelity Bank's Company Secretary, Ezinwa Unuigboje, mentioned that the audited H1 2026 financial statements are currently being finalized and will be presented to the Central Bank of Nigeria (CBN) for approval before publication in compliance with the Exchange's Rulebook and other relevant statutes/regulations. As of the latest trading day, UBA's stock price fell by 1.44 percent to close at N44.45 per share, while Fidelity Bank's share price dropped by six percent to N18.80 per share on the NGX.",
  "summary": "Kayode Tokede United Bank for Africa Plc (UBA) and Fidelity Bank Plc, yesterday notified market stakeholders of obtaining approval from the Nigerian Exchange Limited (NGX) to extend the deadline for",
  "key_points": [
    "UBA and Fidelity Bank obtained NGX approval to delay H1 2026 result release.",
    "Both banks to submit audited financial statements by September 30, 2026.",
    "UBA's stock price fell 1.44% to N44.45 per share."
  ],
  "editors_take": "The approval to delay H1 2026 results allows UBA and Fidelity Bank more time to finalize their financial statements, but still requires them to publish by September 30, 2026.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}