Tag: IDA

  • Nigeria Accumulates $1.3bn Debt In One Year

    Nigeria Accumulates $1.3bn Debt In One Year

    According to the World Bank Fiscal Year 2022 audited financial statements, Nigeria was rated fourth on the  International Development Association borrowers’ list with $13bn IDA debt stock as of June 30, 2022. The country moved up from fifth position on the list with $11.7bn IDA debt stock as of June 30, 2021. This implies that…