Tag
FOREIGN EXCHANGE LOSS
Pan-African Pay-tv operator, Multichoice, has notified its shareholders of grim full-year results citing tough macroeconomic conditions and a $190.5 million (R3.6 billion) foreign exchange loss from Multichoice Nigeria.
Cadbury Nigeria Plc reported a pre-tax loss of N28.2 billion in FY 2023, marking a whopping 2269% decline from the N1.3 billion pre-tax profit posted in 2022.