Dangote, MTN, Others Lose N1.7tn To Naira Depreciation In 2023
LAGOS MARCH 21ST (NEWSRANGERS)-Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most capitalised companies, lost N1.7tn to the depreciation of the naira in 2023. According to an analysis of their financial statements published on the website of the Nigerian Exchange Group, the listed firms incurred significant losses in the 2023 financial year,…