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Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation - Business (2) - Nairaland

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Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by 89green: 7:50am On Mar 21
crossfm:
Hehehe.

The break fast go round grin tongue.

The only people not feeling the heat is APC and their supporters. They are so comfortable with the way things are going in Nigeria tongue.

Even the ones that can barely buy data for their phones,will still come on line to defend the propaganda and hash economic policies of the government. Most just do this defending out of shame.

Well one thing I know is that hunger is a universal language grin cheesy.

grin don't mind them, the only defense they have whenever you try to school them is 'go to court' grin

But their supporters now buy 1L petrol for 100 naira and 25kg bag of rice for N350.

2 Likes

Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by SirLakes: 7:52am On Mar 21
Me sef lose 300 billion

Tinubu you do this one grin
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by Oshokhai69: 7:54am On Mar 21
Yugoslavia247:
The wife president said we should produce our food.

Prior to ApC we were doing fine

APC wanted power and the current vp brought boko Haram and bandit

Now bandit and boko Haram have grown and chase our farmers out

Now they blame farmers who pay taxes while others are killed.

The bandits are head slammers and they always pray in their video.

Sometimes I wonder the benefit of being a head slammer
They read a book filled with rage, hatred, killings, subjugation, conquest , slavery, woman caging and objectification.

Worst still they never want to adapt to any sane society.

Now we have to find a way in the south to be self sufficient.
If not there is problem
I rest my case

This one say na wife president. Na wa
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by deanoffaculty: 8:02am On Mar 21
Great100000:

Source: https://punchng.com/dangote-mtn-others-lose-n1-7tn-to-naira-depreciation/
Bleep Dangote! Bleep MTN..Bleep others.
They have made enough money in this country. Now that they lose money, let them bear it.
All these companies doesn't give anything back to Nigerians despite huge profits they make.
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by PropertyBuying(f): 8:06am On Mar 21
Here's the negative trickle down effect of a degenerative currency.
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by ceejay80s(m): 8:07am On Mar 21
Tinubu master strategist my aaasss
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by uuzba(m): 8:11am On Mar 21
deanoffaculty:

Bleep Dangote! Bleep MTN..Bleep others.
They have made enough money in this country. Now that they lose money, let them bear it.
All these companies doesn't give anything back to Nigerians despite huge profits they make.
Ah-ah?
But MTN painted this fence in Police Baracks Falomo.
They tried na!?

1 Like

Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by Angelfrost(m): 8:14am On Mar 21
They will recover them all through the blood and tears of Nigerians...! tongue
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by Angelfrost(m): 8:16am On Mar 21
uuzba:

Ah-ah?
But MTN painted this fence in Police Baracks Falomo.
They tried na!?

Really?!! They painted fence abi advertised their services?!! grin

1 Like

Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by Och77(m): 8:29am On Mar 21
Una dey kolo o, do you know how we citizens have lost due to the same Naira depreciation? Compute it first make we know
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by Lance008(m): 8:34am On Mar 21
id4sho:
BATnomics 101 angry
Never hail am
Till he enter 700- $
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by deanoffaculty: 8:41am On Mar 21
uuzba:

Ah-ah?
But MTN painted this fence in Police Baracks Falomo.
They tried na!?
😂 😂 😂

1 Like

Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by PARADIZEPRIEST: 8:46am On Mar 21
Rubbsh old news.When they make trillions of profit riping Nigerians off for 8years buha misrule,them no go talk o! angry
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by Apel147(m): 8:53am On Mar 21
Some persons somewhere down naija believe FG dash dangote monies to establish at the expense of their brothers😁
same govt policy is crippling whom they say govt gave money according to them🤣🤣🤣
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by gigabyte13: 8:54am On Mar 21
They deserved it
They follow for the depreciation
All of them go follow chop inside...
As una no wan give Nigeria rest, unasef no go no rest.
Una mind no go touch ground sef
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by gaskiyamagana: 9:06am On Mar 21
Yugoslavia247:
The president wife said we should produce our food.

Prior to ApC we were doing fine

APC wanted power and the current vp brought boko Haram and bandit

Now bandit and boko Haram have grown and chase our farmers out

Now they blame farmers who pay taxes while others are killed.

The bandits are head slammers and they always pray in their video.

Sometimes I wonder the benefit of being a head slammer
They read a book filled with rage, hatred, killings, subjugation, conquest , slavery, woman caging and objectification.

Worst still they never want to adapt to any sane society.

Now we have to find a way in the south to be self sufficient.
If not there is problem
I rest my case
Small boy, go read or just google WARS IN THE BIBLE, then you will be educated before typing jargons.
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by gaskiyamagana: 9:08am On Mar 21
Noniblaq:
Big men, big problem
Big problem they created that they are suffering for?
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by Aleem26(m): 9:22am On Mar 21
Who the lose EPP
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by eeithis(m): 9:34am On Mar 21
The financial losses incurred by these major Nigerian companies in the 2023 financial year highlight the significant impact of forex-related challenges on their operations. Forex losses, especially due to fluctuations in the exchange rates of the naira against major currencies like the US dollar and euro, have led to substantial financial setbacks for these firms.

The reported losses reflect the vulnerability of Nigerian businesses to currency risks, especially those with international operations or significant foreign currency exposures. Companies like Dangote Industries, BUA, Nigerian Breweries, Nestle Nigeria, and Cadbury Nigeria have all felt the effects of forex volatility on their bottom lines.

To mitigate such risks, companies often employ various strategies, such as hedging or managing currency exposure through proactive measures like purchasing foreign currencies when rates are favorable. However, despite these efforts, the scale of the losses incurred underscores the challenges inherent in navigating volatile currency markets.

This situation emphasizes the importance for businesses to adopt robust risk management strategies and closely monitor currency exposures to mitigate the impact of forex fluctuations on their financial performance. Additionally, it underscores the need for policymakers to implement measures that promote currency stability and create a conducive environment for businesses to thrive amidst forex uncertainties!!
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by komzy589(m): 11:56am On Mar 21
datola:
Please, tell us when they also gain from appreciation of Naiara
Gain what exactly?
If you were making 200k in May 2023, then you made 80k in February 2024 and now 83k in March 2024, will you celebrate that gain!
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by Antoeni(m): 2:07pm On Mar 21
May God Continue to Punish Dangote & Co
Re: Dangote, MTN, Others Lose N1.7 Trillion To Naira Depreciation by MamaletASO: 11:11pm On Mar 21
Fvck you this corrupt capitalist...

Is dat why you increased Cement you make with dust at our backyard by 900% ...

You are a wicked entity...

Now u have made the money back in 100folds...can you reduce the Cement price now...so d poor can breathe...


Fvck u all

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