forex – SportsDay Newspaper https://sportsdayonline.com Africa's Elite Sports Daily Mon, 25 Mar 2024 07:40:45 +0000 en-US hourly 1 https://sportsdayonline.com/wp-content/uploads/2026/05/cropped-SportsDay-icon-32x32.jpg forex – SportsDay Newspaper https://sportsdayonline.com 32 32 86240109 Manufacturers’ forex losses rise 566% to N792bn https://sportsdayonline.com/manufacturers-forex-losses-rise-566-to-n792bn/ https://sportsdayonline.com/manufacturers-forex-losses-rise-566-to-n792bn/#respond Mon, 25 Mar 2024 07:40:38 +0000 https://sportsdayonline.com/?p=116372 A review of the performance of  multinational corporations and big indigenous firms operating in the country for the financial year ended December 2023 have  shown that they recorded a combined Foreign Exchange, forex, losses of N792 billion due to naira depreciation caused by the monetary policy reform. However, there seems to be respite for manufacturers […]

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