debt management

  1. Nigeria’s Debt Concerns Rise as FG Secures Additional $6.45 Billion in Loans from World Bank

    Nigeria Nigeria’s Debt Concerns Rise as FG Secures Additional $6.45 Billion in Loans from World Bank

    The Nigerian government, under President Bola Tinubu, has secured $6.45 billion in loans from the World Bank in 16 months. Recent approvals aim to address key sectors like healthcare and education. Concerns grow over the rising debt profile, with Nigeria's total borrowing from the World Bank...
  2. Nigeria Climbs to Third Position in World Bank Borrowing Rankings

    Nigeria Nigeria Climbs to Third Position in World Bank Borrowing Rankings

    Nigeria has become the third-largest borrower from the World Bank's International Development Association, with loans rising to $16.5 billion as of June 2024. This increase raises concerns about the country's debt management strategies as it surpasses other nations in borrowing. As of June 30...
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