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leadership - 1 month ago

Companies Incur N1.5trn Forex-related Transactions Losses – MAN

Manufacturers have said the continued non-redemption of the $2.4 billion forward contracts from the backlog of $7 billion posed a grave threat to the survival of some Nigerian companies and job loss of thousands of workers. This is as companies grapple with the inability to fulfil their offshore obligations due to the Central Bank of [ ]


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