Nigeria’s Biggest Companies Post $385 Million of Losses as Naira Weakens

📆 04/08/2023 05.07.00
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Indonesia Berita Berita

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Nigeria's biggest companies posted $385 million of combined losses last quarter as President Bola Tinubu allowed the naira to weaken

’s move to allow the nation’s currency to weaken has contributed to combined losses of $385 million at six of the nation’s biggest companies.

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