You are currently viewing Nigeria listed amongst other countries with high debt risk – world bank

Nigeria listed amongst other countries with high debt risk – world bank

The world bank has mentioned  that Nigeria is among is  a list of top 10 countries with high debt risk exposure.

it stated this in the financial statement for International  Development Association which was among the world bank FY21 audited financial statement released on Monday.

The financial statement read ‘IDA faces’ two types of credit risk ; country credit risk and counterparty credit risk.

READ ALSO: {Opinion}1980&Now: What Changed? The Economic Implication