The depreciation of the naira has left Nigerian Breweries record its second straight losses – the biggest ever on record — in 2024 after the beer maker posted N144.9 billion in net losses, according to the company’s audited financials.
But despite the FX-induced losses, the pioneer and larg
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
