q1 2024
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Nigeria Brewing Industry in Nigeria Hit Hard with Combined Losses of N169.7 Billion
Nigeria's top breweries, including Nigerian Breweries Plc and Guinness Nigeria Plc, suffer a combined loss of N169.7 billion in Q1 2024 due to rising interest rates and naira devaluation. BusinessDay's analysis reveals the sector's financial strain amid foreign exchange losses and economic...- Nigeria News
- Article
- 2 min read
- champion breweries plc financial loss guinness nigeria plc international breweries plc nigerian breweries nigerian breweries plc q1 2024
- Category: Business
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Nigeria MTN Nigeria Records Second Consecutive Loss Amid Economic Turmoil
MTN Nigeria Communications Plc has announced its second consecutive loss, reporting a loss after tax of N392.7 billion for the first quarter of 2024. Despite a significant 32.0 percent increase in service revenue to N747.3 billion year-on-year, the telecom giant faced challenges that led to its...- Nigeria News
- Article
- 1 min read
- financial loss mtn nigeria q1 2024
- Category: Business
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