The International Monetary Fund (IMF) has flagged potential risks in Nigeria’s move to secure a $5 billion swap deal with the UAE-based First Abu Dhabi Bank, noting the complexity and the lack of transparency that often characterise such contracts. “Our view is that the transactions in these types of structures carry risks,” IMF’s resident representative in Nigeria, Christian Ebeke, said at a virtual briefing on the IMF’s 2026 Article IV Consultation Report on Nigeria on Tuesday. [...]