naira devaluation impact
-
Nigeria Naira Slump Hits MTN Hard: Company Reports $414.7 Million Loss
MTN Group reported its first loss in eight years, totaling 7.39 billion rand ($414.7 million) for H1 2024, compared to a profit of 4.14 billion rand in 2023. The decline is attributed to the devaluation of the naira, significantly impacting income from Nigeria. MTN Group has reported a...- Nigeria News
- Article
- 1 min read
- mtn financial results 2024 mtn group loss naira devaluation impact
- Category: Business
About Nigerian Bulletin
Nigerian Bulletin is your gateway to top news, specialized lifestyle topics, and a unique, curated marketplace. It connects Nigerians worldwide with crucial updates and opportunities and is ideal for engaging press releases, effective sponsored posts, banner ads, and product showcases.