Lasaco Assurance Plc yesterday sends in a notice to Nigerian Exchange Limited (NGX), its shareholders and the investing public of the Company’s inability to file its Audited Financial Statements (AFS) for the year ended 31st December 2021 within the stipulated period.
According to the company secretary, Gertrude Olutekunbi, this is due to the fact that the Company is awaiting the approval of the 2021 AFS by its regulator, the National Insurance Commission (NAICOM).
Consequently, the late filing of the 2021 AFS, will also affect the timely submission of the Unaudited Financial Statements for the Period ended 31st March 2022 (2022 Q1 UFS) as the Company is required to first, file the 2O2l AFS before filing quarterly accounts.
The company is optimistic that the 2021 AFS will be submitted to NGX on or before 30th April 2022, together with the Unaudited Financial Statements for the period ended 31st March 2022, and regrets the inconveniences caused by the late submission of these financials.