MTN Nigeria’s net forex losses rises to staggering N1.39 trillion

MTN Nigeria reported a net foreign exchange loss of N656.3 billion in the first quarter of 2024 as a continuation of the naira's depreciation ravaged the company's balance sheet. The post MTN Nigeria’s net forex losses rises to staggering N1.39 trillion appeared first on Nairametrics.

MTN Nigeria’s net forex losses rises to staggering N1.39 trillion

MTN Nigeria reported a net foreign exchange loss of N656.3 billion in the first quarter of 2024 as a continuation of the naira's depreciation ravaged the company's balance sheet.

The post MTN Nigeria’s net forex losses rises to staggering N1.39 trillion appeared first on Nairametrics.

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