Nigeria has become the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30, 2024, marking a significant increase in the country’s borrowing from the institution. According to the World Bank’s latest financial statements, Nigeria’s exposure to the IDA rose by 14.4%, from $14.3 billion in the fiscal year [...]The post Nigeria now third-largest debtor to IDA with $16.5bn borrowing appeared first on National Daily Newspaper.
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