Nigeria loan
21 Dec
The Federal Government said it has secured a $700 million loan from the World Bank for specific water projects in the country. The government said most of the problems associated with water supply in the country are the responsibilities of state governments. Minister of Water Resources, Suleiman Adamu, made the disclosure while speaking to journalists…
11 Aug 2021
The World Bank has listed Nigeria among the top 10 countries with high debt risk exposure. Nigeria is ranked fifth on the list with $11.7bn IDA debt stock, while India led the list with $22bn IDA debt stock, followed by Bangladesh with $18.1bn IDA debt stock, Pakistan with $16.4bn IDA debt stock, and Vietnam with…