Nigeria has ascended to the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30, 2024, reflecting a significant increase in the country’s borrowing from the institution. According to the World Bank’s financial statements, Nigeria’s exposure to the IDA rose by 14.4% from $14.3 billion in the fiscal year (FY) of […]

The post Nigeria now third largest debtor to World Bank appeared first on TheCitizen - It's all about you.