Nigeria has ascended to the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30, 2024, reflecting a significant increase in the country’s borrowing from the institution. According to the World Bank’s financial statements, Nigeria’s exposure to the IDA rose by 14.4% from $14.3 billion in the fiscal...
•Kamil Al-Awadhi Nigeria has again been confirmed as the topmost indebted country to foreign airlines globally in far away Geneva, Switzerland. The Regional Vice President for Africa and the Middle East (AME) for IATA, Kamil Al-Awadhi, revealed this during an interactive session with journalists across Africa at the two days Global Media Day h...

