The foreign exchange loss of MTN Nigeria Communications Plc, the country's biggest mobile network operator, rose to the highest in at least six years in the first three months of 2024, data compiled by BusinessDay shows.
According to the firm’s latest financial statements, its net FX loss widen
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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.