Dangote Cement, MTN, Nestle, Others Record N64.82bn FX Losses

Following the recent Central Bank of Nigeria’s (CBN) foreign exchange market reforms, MTN Nigeria Communication Plc, and Nestle Nigeria Plc, among others suffered N486.82 billion foreign exchange losses in half year ended June 30 2023, about 651 per cent from N64.82 billion reported in the corresponding period of 2022. Other companies investigated with significant foreign … Continue reading Dangote Cement, MTN, Nestle, Others Record N64.82bn FX Losses