CAMEO+ eventECONOMIC2026-04-02馃嚦馃嚞
Nigeria plans $5 billion total return swap with UAE lender
source: Government of Nigeria -> target: First Abi Dhabi Bank
On 2026-04-02, the Government of Nigeria said it plans to borrow up to $5 billion through a derivatives agreement with First Abi Dhabi Bank. The move was presented as a financing alternative while traditional debt issuance remained expensive amid higher emerging-market borrowing costs linked to the Iran war.
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Location
AbujaWestern AfricaNigeriaAfrica9.076, 7.399
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