What does Nigeria’s Siemens power deal mean for businesses?
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What does Nigeria’s Siemens power deal mean for businesses?

Six days out of every week, James Agbebi wakes up as early as 5am to prepare for work. 6.30 am. He opens twin door of his printing shop on Agunbiade Street in the heart of the Lagos’s printing hub at Shomolu and headed to a small cage, locked with a large padlock beside his shop….

Nigeria seeks approval for $5.5bn loan
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Nigeria seeks approval for $5.5bn loan

Nigerian President Muhammadu Buhari has approached the country’s House of Representatives to request approval for a new external borrowing amounting to $5.513bn. If approved, the loan would bring Nigerians’ external debt to $36.013. The country’s external debt as of December 2019, stood at $27.1bn while IMF had extended an emergency loan of $3.4bn to Nigeria…