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Access Considers Foreign-Asset Exit to Meet Nigeria Bank Rules

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EXCLUSIVE Access Considers Foreign-Asset Exit to Meet Nigeria Bank Rules Nigeria’s top lender by assets is considering exiting at least one of its foreign markets as the business with operations in about 24 countries looks to comply with central-bank rules limiting external investments. Access Holdings Plc has identified one “troublesome” business that it may dispose of to meet the regulations, Chairman Aigboje Aig-Imoukhuede said.

EXCLUSIVE Access Considers Foreign-Asset Exit to Meet Nigeria Bank Rules Nigeria’s top lender by assets is considering exiting at least one of its foreign markets as the business with operations in about 24 countries looks to comply with central-bank rules limiting external investments. Access Holdings Plc has identified one “troublesome” business that it may dispose of to meet the regulations, Chairman Aigboje Aig-Imoukhuede said.
Access Holdings Plc (ORG) Aigboje Aig-Imoukhuede (PERSON)
Originally published by Bloomberg Markets Read original →