Nigeria remained the third largest borrower from the World Bank’s International Development Association (IDA) in the first quarter of 2026, even though its debt reduced slightly. According to IDA financial data for March 2026, Nigeria’s debt exposure dropped from $18.7 billion in December 2025 to $18.5 billion in March 2026. This represents a decrease of $200 million, or 1.1%, over 3 months. However, compared to the same period last year, Nigeria’s debt increased. In March 2025, the country’s exposure stood at $17.3bn, meaning it rose by $1.2bn, or 6.9% within…
Read More‘Nigeria 3rd largest IDA borrower’ – World Bank, amidst fresh $1.25bn loan talks
