Nigeria has risen to become the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30, 2024, owing to a huge increase in the country’s borrowing from the institution. Nigeria’s exposure to the IDA increased by 14.4% from $14.3 billion in the fiscal year (FY) of 2023 to $16.5 billion in […]
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Last modified: September 4, 2024
