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Nigeria’s Debt to World Bank rises by $2.08bn in 2025
Nigeria’s exposure to the World Bank climbed sharply in 2025, increasing by $2.08 billion to $19.89 billion as of December 31, according to figures released by the Debt Management Office. The latest data show an 11.7 per cent rise from the $17.81 billion recorded at the end of 2024, reflecting the Federal Government’s continued dependence on multilateral financing to manage fiscal constraints and fund development projects. [...]