UAE’s largest bank considers sharing exposure to Nigeria’s $5 billion swap

NAIRAMETRICS | 01-10-2026 02:09pm |

The article discusses how First Abu Dhabi Bank (FAB), which is the biggest bank in the United Arab Emirates, is thinking about sharing some of its financial involvement in a $5 billion deal with Nigeria. This deal is called a total-return swap, and FAB may work with other banks to spread out the risk. Essentially, they are looking to collaborate with others to manage their investment in Nigeria better.

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