Stanbic IBTC's financial reports in order, says CBN

The Central Bank of Nigeria did not find 'material mispresentation' after examining past accounts of Stanbic IBTC and sees no need to ask it to restate them. The bank said in a statement on Tuesday.The statement comes after Nigeria's Financial Reporting Council gave Stanbic IBTC, the local unit of Standard Bank Group, 60 days to restate its 2013 and 2014 accounts owing to what it said were 'misleading' disclosures relating to expenses.
Click here to read full news..