C&I Leasing Plc has announced a deferral of its Q1 2026 unaudited financial statements, pushing the submission deadline to 29 June 2026 after encountering a regulatory approval bottleneck at the Central Bank of Nigeria.
The Lagos-based fleet management and offshore support services company disclosed in a filing with the Nigerian Exchange that the delay stems from the unresolved approval of its December 2025 Audited Financial Statements by the CBN, its primary regulator. Under Nigerian capital markets regulations, listed companies must secure formal sign-off on the prior year's audited results before interim reports for the current year can be formally recognised.
"This request is due to pending regulatory approval of the December 2025 Audited Financial Statements from our primary regulator, the Central Bank of Nigeria," the company stated in its communication to shareholders and the investing public.
The original timeline anticipated filings following the quarter ended 30 April 2026. However, the company sought and obtained approval from NGX Regulation Limited to extend the submission deadline to 29 June 2026. C&I Leasing emphasised that it remains committed to maintaining the highest standards of corporate reporting despite the administrative setback.
The procedural dependency between annual audited accounts and subsequent quarterly filings is a standard requirement across listed entities. Companies typically require CBN clearance of prior-year audited statements before market regulators will accept the current period's interim reports, creating sequential approval chains that can introduce delays when regulatory workloads accumulate.