Tag Archives: World Bank’s IDA

Nigeria has emerged as the third-largest debtor to the World Bank’s International Development Association (IDA), with its debt exposure rising by 14.4% from $14.3 billion in FY2023 to $16.5 billion in FY2024. This $2.2 billion increase has pushed Nigeria into the top three IDA lenders for the first time, surpassing India, which saw its exposure decrease from $17.9 billion to …

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