Nigeria among highest IDA borrowers, says World Bank - Punch Newspapers

The most widely read newspaper in Nigeria

The World Bank has stated that Nigeria is among the top 10 International Development Association borrowers.

Nasir said, “We want to clarify that the report does mention nor identify Nigeria at high credit risk as incorrectly claimed by the article. Our correspondent had reported based on the World Bank Fiscal Year 2021 audited financial statements, particularly the IDA financial statement, that Nigeria was among the list of top 10 countries with high-debt risk exposure.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MobilePunch /  🏆 8. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria’s VAT hits N1tn in six months, says NBS - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

Rice imports depleting Nigeria, others’ foreign reserves, says ECOWAS - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

Net-zero emissions: Nigeria needs $400bn investments, says FG - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

World Bank lists Nigeria, nine others high-debt risk nationsThe World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure.
Read more »

Nigeria and the Tokyo 2020 Olympics - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

Olympics: NFF rates Nigeria's outing best in 13 years despite football teams' absence - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »