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...
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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