MTN Nigeria Plc had a ₦126.8 billion foreign exchange (FX) loss in the second quarter (Q2), reducing after-tax profit by 67.7 percent year on year to ₦27.4 billion. The sum is more than 10 and a half times the multiplier of a ₦12 billion foreign exchange loss in the same period last year, according to … Continue reading Q2: MTN Nigeria Loses ₦126.8bn To FX Crisis