Nigeria's leading finance and market intelligence news report.

3 German banks join Siemens deal but hurdles remain

Three of Germany’s biggest banks – Deutsche, Commerzbank, and KfW – have expressed an interest in providing financing to support the Siemens power deal with the Nigerian government, BusinessDay has learnt, even as the deal is fraught with teething challenges. Abba Kyari, chief of staff to President Muhammadu Buhari, Sale Mamman, minister of power, and their…

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