Chellarams Plc, a Nigerian conglomerate, has reported an after-tax loss of N3 billion for the financial year ended March 2024, driven by naira devaluation, BusinessDay analysis shows.
Compared with an after-tax profit of N4.9 billion in the previous year, the result of Chellarams, makers of Olden
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
