Alabama State University Admits Owing Nigerian Government $.2 Million Alabama State University in the United States has admitted owing the Nigerian government $202,000, being part of the money meant for Nigerian students on scholarship but mishandled by the university. Thirty-six Nigerian students in the school two...

Nigeria spends 34% of revenue on debt servicing – DMO Nigeria spends 34 per cent of its revenues on debt servicing, the Debt Management Office has said. In a clarification on the country’s debt status entitled: ‘Nigeria’s Public Debt – Some Recurring Issues’, the DMO contradicted...

2017 Budget: Debts On Federal Roads Hit N2.8tn Liabilities on Federal Government’s road projects have hit N2.792tn, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, told the House of Representatives Committee on Works on Tuesday. He spoke in Abuja during a meeting with members...