Banks in Nigeria have started releasing their fourth-quarter (Q4) earnings reports. With some opting to publish unaudited results within the 30-day interim filing period allowed by the Nigerian Exchange (NGX). Others are preparing to utilize the 60-day window for submitting audited financial statements, as per NGX regulations.
So far, FCMB Group Plc, First Bank Holdings Plc, Sterling Financial Holdings Company Plc, Jaiz Bank Plc, and Wema Bank Plc have disclosed their unaudited Q4 financial results within the 30-day deadline. This early disclosure reflects compliance with NGX’s interim. Reporting framework, which permits companies to release unaudited full-year results within 30 days. Provided audited accounts are submitted within the standard 60-day timeframe.
Key Filing Updates
By the end of January, the following banks had published their unaudited Q4. And full-year results for the financial year ending December 31, 2025:
- FCMB Group Plc: January 29
- Wema Bank Plc: January 29
- First Bank Holdings Plc: January 30
- Sterling Financial Holdings Company Plc: January 30
- Jaiz Bank Plc: January 30
These filings demonstrate adherence to NGX’s interim reporting schedule and the unaudited disclosure option for Q4 results.
Meanwhile, Stanbic IBTC Holdings Plc and Ecobank Transnational Incorporated submitted their unaudited Q4 results slightly beyond the 30-day deadline:
- Stanbic IBTC Holdings Plc: February 3
- Ecobank Transnational Incorporated: February 6
In total, seven banks have submitted their unaudited Q4 results so far.
Tier 1 Banks Opt for the 60-Day Audited Filing Route
Some of Nigeria’s largest banks, known as Tier 1 banks, appear to have chosen the 60-day audited filing option. These banks have issued formal notices to the NGX. Outlining board meeting schedules and regulatory approval processes for their audited financial statements.
- Guaranty Trust Holding Company Plc: Announced on December 8 that its board would meet on January 27 to review audited accounts, with filing to follow after regulatory approval.
- Zenith Bank Plc: Stated it would submit audited full-year results upon receiving approval from the Central Bank of Nigeria (CBN).
- Access Holdings Plc: Scheduled a board meeting for February 20 to deliberate on audited accounts.
- United Bank for Africa Plc: In a January 2 filing, announced its board would meet on February 19, with audited results to follow pending CBN approval.
- Fidelity Bank Plc: Declared a board meeting on February 19 to discuss audited financial statements.
These notices suggest a deliberate preference for the audited-only filing route, bypassing the interim unaudited disclosure option.
