Sunday, 19 July 2026 · World
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EUROS The World Financial Report
Nº 8 Sunday, 19 July 2026 · World Edition
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Emerging Markets

From creditor to debtor: Nigeria’s long descent from oil wealth to borrowing nation

Businessday NG · 8h ago · 🇳🇬 Nigeria
From creditor to debtor: Nigeria’s long descent from oil wealth to borrowing nation

…Lent $240m to World Bank in 1974; $120m to IMF in 1975 In the mid-1970s, Nigeria occupied a position few read more From creditor to debtor: Nigeria’s long descent from oil wealth to borrowing nation

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