President Biden commits $4 billion to World Bank’s IDA to support poorest nations
The United State’s President Joe Biden has announced a $4 billion commitment to the International Development Association (IDA), the World ...
Tag: International Development Association
Nigeria emerges third-largest debtor to World Bank’s IDA, gets $2.2 billion under Tinubu
Nigeria has ascended to become the third-largest debtor to the World Bank's International Development Association (IDA) as of June 30, ...
Nigeria’s debt to World Bank rises by $1.07 billion under Tinubu’s administration
Nigeria's debt to the World Bank has increased by $1.07 billion under President Bola Tinubu’s administration.
FG asks World Bank to cancel $41.62 million balance of COVID-19 loan
The Federal Government of Nigeria has formally requested the World Bank to cancel the undisbursed balance of $41.62 million from ...
Word Bank lists conditions that may warrant cancellation of $1.5 billion loan to Nigeria
The World Bank threatens to revoke a sizable $1.5 billion loan from Nigeria should it not comply with certain conditions ...
World Bank seeks funding to tackle debt and climate crisis in developing countries
The World Bank’s fund for the planet’s poorest nations is advocating for record funding to address the escalating challenges of ...
Nigeria’s debt service to revenue is a big headache and why it matters to you
The debt service to revenue ratio is a measure of how much of a country's revenue is used to pay ...
World Bank approves $750m loan to Nigeria
The loan is in form of an International Development Association (IDA) credit to support the Nigeria State Action on Business Enabling ...
World Bank approves $700 million credit for Nigeria’s agro-climatic resilience project
The World Bank has announced that it has approved $700 million from its International Development Association (IDA) for the Nigeria ...
World Bank announces a $93 billion replenishment package for Nigeria, others
The World Bank has stated that the International Development Association (IDA) will receive a $93 billion replenishment package to help ...
