Nigeria Weighs $5 Billion Swap Deal With UAE Bank as Costs Rise

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Bloomberg Markets 5 days ago • bloomberg.com

Nigeria Weighs $5 Billion Swap Deal With UAE Bank as Costs Rise

Nigeria plans to raise $5 billion from the United Arab Emirates’ largest lender in a derivatives deal to cut borrowing costs, joining a growing number of African nations using the instruments as the war in Iran drives yi…

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