Nine firms lose N960bn in H1, more losses projected

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Businesses operating in Nigeria have envisaged increased losses in the second quarter of the year, following foreign exchange reforms. Already, nine firms had lost N960.18bn to the new forex policy in the second quarter. According to the half-year financial reports of the firms, the steep devaluation of the naira, following the Central Bank of Nigeria’s


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source https://punchng.com/nine-firms-lose-n960bn-in-h1-more-losses-projected/

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