Tag: naira depreciation
PZ Cussons cites Naira depreciation in Africa exit plans
PZ Cussons Plc, the parent company of PZ Cussons Nigeria, has concluded plans to sell its African subsidiaries, citing the depreciation of ...Dangote, MTN, others lose N1.7tn to naira depreciation
Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most capitalised companies, lost N1.7tn to the depreciation of the naira ...Rising transportation cost, naira depreciation, push inflation to 17.71%
Rising cost of transportation, depreciation of the Naira as well as the ongoing Russia-Ukraine war have been identified as factors pressuring Nigeria’s ...
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