The total foreign exchange loss of 17 firms in Nigeria surged by 536 percent in the first nine months of 2023, according to a BusinessDay analysis.
Findings from the firms’ financial statements showed the firm’s combined FX loss rose to N849.9 billion in the first nine months of this year fro
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
