Nigeria Becomes the Third-Largest Debtor to World Bank’s IDA
As of June 30, 2024, Nigeria has ascended to the position of the third-largest debtor to the World Bank’s International Development Association (IDA), marking a significant milestone in the country’s borrowing history. According to the World Bank’s financial statements, Nigeria’s debt exposure to the IDA increased by a substantial 14.4%, rising from $14.3 billion in…
