Unable to locate repositories after adding nexus to settings.xml - maven

Question

I just recently created my own nexus repository manager, and when I went to add it to my own project's settings.xml file, now none of my dependencies are resolving. Here is my POM.xml:
<?xml version="1.0" encoding="UTF-8"?>
<project xmlns="http://maven.apache.org/POM/4.0.0"
xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
<modelVersion>4.0.0</modelVersion>
<groupId>projectname</groupId>
<artifactId>projectname</artifactId>
<version>1.0-SNAPSHOT</version>
<packaging>jar</packaging>
<name>projectname</name>
<properties>
<java.version>1.8</java.version>
<project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
</properties>
<distributionManagement>
<snapshotRepository>
<id>maven-snapshots</id>
<url>https://nexus.repo.placeholder/repository/maven-snapshots/</url>
</snapshotRepository>
<repository>
<id>nexus-releases</id>
<url>https://nexus.repo.placeholder/repository/maven-releases/</url>
</repository>
</distributionManagement>
<build>
<finalName>projectname</finalName>
<plugins>
<plugin>
<groupId>org.apache.maven.plugins</groupId>
<artifactId>maven-compiler-plugin</artifactId>
<version>3.8.1</version>
<configuration>
<source>${java.version}</source>
<target>${java.version}</target>
</configuration>
</plugin>
<plugin>
<groupId>org.apache.maven.plugins</groupId>
<artifactId>maven-shade-plugin</artifactId>
<version>3.2.2</version>
<executions>
<execution>
<phase>package</phase>
<goals>
<goal>shade</goal>
</goals>
<configuration>
<createDependencyReducedPom>false</createDependencyReducedPom>
</configuration>
</execution>
</executions>
</plugin>
</plugins>
<resources>
<resource>
<directory>src/main/resources</directory>
<filtering>true</filtering>
</resource>
</resources>
</build>
<repositories>
<repository>
<id>spigotmc-repo</id>
<url>https://hub.spigotmc.org/nexus/content/groups/public/</url>
</repository>
<repository>
<id>minebench-repo</id>
<url>https://repo.minebench.de/</url>
</repository>
<repository>
<id>jitpack.io</id>
<url>https://jitpack.io</url>
</repository>
</repositories>
<dependencies>
<dependency>
<groupId>org.bukkit</groupId>
<artifactId>bukkit</artifactId>
<version>1.8.8-R0.1-SNAPSHOT</version>
<scope>provided</scope>
</dependency>
<dependency>
<groupId>fr.minuskube.inv</groupId>
<artifactId>smart-invs</artifactId>
<version>1.2.7</version>
</dependency>
<dependency>
<groupId>de.themoep</groupId>
<artifactId>inventorygui</artifactId>
<!--The following version may not be the latest. Check it before using.-->
<version>1.4.2-SNAPSHOT</version>
<scope>compile</scope>
</dependency>
<dependency>
<groupId>com.github.MilkBowl</groupId>
<artifactId>VaultAPI</artifactId>
<version>1.7</version>
<scope>provided</scope>
</dependency>
<dependency>
<groupId>com.opencsv</groupId>
<artifactId>opencsv</artifactId>
<version>4.1</version>
</dependency>
</dependencies>
</project>
However, no longer are my dependencies resolving in my pom anymore.
settings.xml:
<?xml version="1.0" encoding="UTF-8"?>
<settings xmlns="http://maven.apache.org/SETTINGS/1.0.0"
xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
xsi:schemaLocation="http://maven.apache.org/SETTINGS/1.0.0 http://maven.apache.org/xsd/settings-1.0.0.xsd">
<mirrors>
<mirror>
<!--This sends everything else to /public -->
<id>nexus</id>
<mirrorOf>*</mirrorOf>
<url>https://repo.template/repository/maven-public/</url>
</mirror>
</mirrors>
<localRepository>${user.home}/.m2/repository</localRepository>
<activeProfiles>
<!--make the profile active all the time -->
<activeProfile>nexus</activeProfile>
</activeProfiles>
<profiles>
<profile>
<id>nexus</id>
<repositories>
<repository>
<id>central</id>
<url>http://maven.apache.org</url>
<releases><enabled>true</enabled></releases>
<snapshots><enabled>true</enabled></snapshots>
</repository>
</repositories>
<pluginRepositories>
<pluginRepository>
<id>central</id>
<url>http://maven.apache.org</url>
<releases><enabled>true</enabled></releases>
<snapshots><enabled>true</enabled></snapshots>
</pluginRepository>
</pluginRepositories>
</profile>
</profiles>
<servers>
<server>
<id>maven-releases</id>
<username>username</username>
<password>password</password>
</server>
<server>
<id>maven-snapshots</id>
<username>username</username>
<password>password</password>
</server>
</servers>
</settings>
All of my credentials are correct to connect to the Nexus system and such as well. Could it be because I have defined a new settings.xml? Do I need to put something in it to fetch the proper repositories for other dependencies as well?