Airtel Africa Plc Loses $151m To Nigeria FX Rates

On thursday Airtel Africa Plc reported that it lost $151m due to the co oreign exchange rates in Nigeria. This was made known in its second quarter report filed with the Nigerian Exchange Limited. The telecom company said, “Profit after tax was negative ($151m) driven largely by a foreign exchange loss of $471m recorded in … Continue reading Airtel Africa Plc Loses $151m To Nigeria FX Rates