11 Sep, 2025
5 mins read

Seven Manufacturers Lose N1.9bn Due to FX Volatility

Several leading manufacturers in Nigeria have reported a cumulative loss of N1.91 billion in foreign exchange (FX) volatility in the first quarter of 2025. This marks a significant financial challenge for companies operating in the country, where currency fluctuations have consistently impacted business operations. The latest data, disclosed in the unaudited financial statements for the […]