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Nigerian bank FBN not planning to list in foreign markets

FBN Holdings PLC said reports that it is considering listing in foreign markets beyond Nigeria were inaccurate.

The bank said an offshore listing is not a present strategy for the group, and that no statements to the contrary were made at a press conference from which Business Post Nigeria sourced its report on the foreign listing consideration. FBN added that should any such considerations be made in the future, it would engage with regulators and investors accordingly.