10 months ago
60 MTN Nigeria Communications Plc and Airtel Africa Plc have reported N479.11bn in foreign exchange losses following the June 2023 devaluation of the naira. In its nine-month financial report for the year, MTN recorded a forex loss of N232.8bn on its net foreign currency liabilities following the devaluation of the naira from 461/$1 in December 2022
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