forex depreciation
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Nigeria Guinness Nigeria Reports N73.6 Billion Loss Amid Forex Struggles and Tolaram Takeover
Guinness Nigeria Plc reported a pre-tax loss of N73.6 billion for the financial year ending June 30, 2024, primarily due to forex devaluation affecting its foreign currency loans. The brewery giant, recently acquired by Tolaram Plc from Diageo Plc, continues to face financial challenges amidst...- Nigeria News
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