Nigeria’s Access swapped $50 mln with JP Morgan at 400 naira in Jan

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LAGOS (Reuters) – Nigeria’s Access Bank swapped a total of $150 million with two foreign lenders in January, central bank data showed.

The Nigerian bank exchanged $50 million with U.S. lender JP Morgan at 400 naira per dollar and another $100 million with South Africa’s ABSA at 329 naira, data showed.


(Reporting by Chijioke Ohuocha)

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