Nigerian Breweries Plc has announced that it suffered a N153 billion foreign exchange loss due to the devaluation of the naira. This was disclosed in its earnings report which accompanied its audited results for the year ended December 2023 filed with the Nigerian Exchange Limited. In its half-year interim report for the period ended June 2023, NB Plc recorded an exchange rate loss of N70.6bn for the second quarter ended June 30th, 2023. READ ALSO: AFCON: CAF Clears Nigeria, Sanctions Cote d’Ivoire, Mali, Senegal Police Arrest Chef For Kidnapping Employer’s…
Read MoreNigerian Breweries Suffers N153bn Forex Loss Over Naira Devaluation
