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First Bank of Nigeria Plans $500 Mln Eurobond Sale, Reuters Says

First Bank of Nigeria Plc (FIRSTBAN), the African nation’s third-biggest lender by market value, is planning a $500 million Eurobond sale this year, Reuters reported, citing Chief Financial Officer Adebayo Adelabu.

Citigroup Inc. and Goldman Sachs Group Inc. have been appointed advisers for the sale, the news agency said.

To contact the reporter on this story: Chris Kay in Abuja at ckay5@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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