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Tag "International Development Association (IDA)"

Nigerian states to benefit from World Bank’s $750m credit facilities

    Nigerian states to benefit from World Bank’s $750m credit facilities

The World Bank has approved a $750 million International Development Association (IDA) credit to support the Nigeria State Action on Business Enabling Reforms (SABER) Program-for-Results. The Washington-based institution disclosed this

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With $13bn debt, Nigeria ranks fourth on IDA debtors’ list

    With $13bn debt, Nigeria ranks fourth on IDA debtors’ list

Nigeria has moved one spot up in the latest top 10 International Development Association (IDA) borrowers’ list. IDA, part of the World Bank, helps the world’s poorest countries. According to

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World Bank: Nigeria among developing countries with high debt risk exposure

    World Bank: Nigeria among developing countries with high debt risk exposure

The World Bank says Nigeria is ranked fifth single borrowing country with the highest debt risk exposure across the globe. This is contained in the fiscal year 2021 (FY21) financial

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World Bank finally approves $1.5bn loan for Nigeria

    World Bank finally approves $1.5bn loan for Nigeria

The World Bank has approved Nigeria’s request for a $1.5 billion loan. In a statement on Tuesday, the Bretton Wood institution said the facility is a five-year country partnership framework

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Nigeria gets debt relief from China, G-20

  Nigeria gets debt relief from China, G-20

China and G-20 countries have agreed to give debt relief to the poorest countries in the world which are classified

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