Nigeria’s debt to the World Bank’s concessional lending arm, the International Development Association (IDA), rose to $18.7 billion as of December 31, 2025, making the country the third-largest borrower in the IDA portfolio. Latest data from the World Bank shows that Nigeria trails only Bangladesh, with an exposure of $23.0 billion, and Pakistan, which recorded $19.4 billion, among the top 10 countries with the highest IDA exposures. [...]