Nigeria has become the third-largest debtor to the World Bank’s International Development Association (IDA). It achieved the feat 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 … Continue reading Nigeria emerges third-largest debtor to World Bank’s IDA, gets $2.2 billion under Tinubu