LivingTrust Mortgage Bank Plc has secured an extension of time to file and publish its 2024 Audited Financial Statements, following approval from the Nigerian Exchange Limited (NGX).
Key Highlights
The bank's request for an extension was necessitated by the following factors:
- Newly Reconstituted Board: The bank's newly reconstituted board was approved by the regulator towards the end of March 2025, requiring time to review the accounts.
- Regulatory Approval: The extension allows the new board to transmit the accounts to the regulator for approval and subsequent publication.
- Publication Deadline: The bank is now expected to file and publish its 2024 Audited Financial Statements on or before April 30, 2025.
Rationale for Extension
The extension of time for publication of accounts became unavoidable due to the timing of the new board's approval and the need for thorough review and regulatory approval.
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