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MTN Nigeria has reported a loss of N400.44 billion after taxes in the 2024 financial year. The full-year financial report for 2024 shows that the loss was majorly due to naira devaluation in the ...

MTN Nigeria reported a N400.44bn loss after tax for the year ended December 31, 2024, as the devaluation of the naira drove up foreign exchange losses and weighed on the company’s earnings. The ...

In the global economic landscape, currency valuation plays a pivotal role in shaping the financial health of nations. The International Monetary Fund (IMF) has long advocated for the devaluation of ...