UAE’s largest bank weighs syndicating part of Nigeria’s $5bn swap

BusinessDay | 01-10-2026 04:09pm |

First Abu Dhabi Bank, the biggest bank in the United Arab Emirates, is thinking about sharing part of its investment in Nigeria's $5 billion financial deal known as a total-return swap. This means they might work with other banks to manage the risk or share the financial responsibility of this investment.

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