The combined foreign exchange revaluation gains of eight Nigerian banks rose by 472.3 percent last year largely on the back of the liberalisation of the FX regime.
BusinessDay analysis of the lenders’ latest full-year financial statements show that their total FX revaluation gain grew to N754.8
```
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.
```
Bunmi Bailey and 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.
