IDA

Nigeria’s Debt to World Bank’s IDA Climbs to $17.1 Billion

Nov 19, 2024. by Ekohot Editor

Nigeria’s debt to the World Bank’s International Development Association (IDA) rose to $17.1 billion as of September 30, 2024. According to the World Bank’s financial statements for the fiscal year ending September 2024, this marks a $600 million increase from the $16.5 billion recorded in June 2024. With this figure, Nigeria remains the third-largest debtor … Read more

Nigeria Now World Bank’s Fourth Highest Borrower With $13bn Stock Debt

Aug 9, 2022. by Ekohot Editor

Nigeria Now World Bank’s Fourth Highest Borrower With $13bn Stock Debt EKO HOT BLOG reports that rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. EDITOR’S PICK SecureID Applauds LASG, Says Residents Cards Will Harmonise MDAs 2023: Wike Discloses Recent Findings, Warns PDP, APC, SDP Ahead … Read more