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1000Reasons

Reason #029 of 1201 · ECONOMY

Reason
#029
Category
ECONOMY

In March 2026 Nigeria announced it would borrow $5 billion from First Abu Dhabi Bank through a financial instrument called a 'total return swap'

Finance in Africa, 2026

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Source

Finance in Africa, 2026

https://financeinafrica.com/insights/nigerias-borrowing-surge-why-the-debt/

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