Nigeria’s debt to World Bank hits record $18.23bn

... As FG pays N5.12bn pension arrears Nigeria’s debt to the World Bank has risen to an all-time high of $18.23 billion as at March 31, 2025, reflecting a $420 million increase in just three months and underscoring the country’s deepening reliance on multilateral financing. The latest figure, released by the Debt Management Office (DMO),

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