FBN Holdings Concludes Audit Process for 9-Month 2013 Results

FBN Holdings Plc. announces the conclusion of the audit of its nine months results for the period ended 30 September 2013.

The Group, along with its subsidiaries, chose to audit the financial statements to ensure that the Holding company, a non-operating entity sharing the same year end as its subsidiaries, receives dividend income from its subsidiaries in year 2013. This will in turn enable FBN Holdings to pay dividends to shareholders from its 2013 financial results.

Having concluded the audit process, FBN Holdings Plc. has submitted its audited financial statements to the Central Bank of Nigeria (CBN) for approval. FBN Holdings will submit the accounts to the NSE for public release once the CBN approval to the audited financial statements is obtained.

 

Source: Proshare

 

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