Nigeria becomes World Bank’s IDA third-largest debtor, owes $16.5bn

Nigeria becomes World Bank’s IDA third-largest debtor, owes $16.5bn

Nigeria is the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, following a significant increase in its borrowing from the institution. A financial statement dated June 30 2024 but recently made public and obtained by our correspondent on Tuesday disclosed this. The IDA, a key arm of the World

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