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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%
Business

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

First Abu Dhabi Bank PJSC (FAB), the United Arab Emirates’ largest lender, is considering sharing part of its exposure to Nigeria’s $5 billion total-return swap with other banks through a syndication arrangement. The…

Aggregated · originally by Nairametrics
1 Oct 2026, 15:31 WAT · 3 min read
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UAE’s largest bank considers sharing exposure to Nigeria’s $5 billion swap

First Abu Dhabi Bank PJSC (FAB), the United Arab Emirates’ largest lender, is considering sharing part of its exposure to Nigeria’s $5 billion total-return swap with other banks through a syndication arrangement. The…

HOW 2 NEWSROOMS FRAMED IT
NairametricsUAE’s largest bank considers sharing exposure to Nigeria’s $5 billion swapBusinessDayUAE’s largest bank weighs syndicating part of Nigeria’s $5bn swap

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