Guinness Nigeria Plc incurred a whopping N49 billion in exchange rate losses according to the information contained in its full-year results for the period ending June 2023.
The loss per share declared was N8.29 kobo versus N7.15 earnings per share a year earlier.
Key highlights
Insights: The forex depreciation led the company to a loss of N18.1 billion, its first full-year loss since 2020 when Covid-19 ravaged company financials.
President Bola Tinubu has promoted the acting Chief of Army Staff, Olufemi Oluyede to the…
Welcome Address Delivered at the 2024 Edition of the Judges Workshop at Sheraton Hotel Ikeja,…
The House of Representatives Finance Committee has paid a working visit to the headquarters of…
The Federal High Court in Abuja has dismissed the treason charges brought against the…
What to know about the end of the #USElection2024 campaign The most recent polling analysis…
#US election 2024 Live Updates: What you need to know about USelection2024 latest polls •…