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Nairaland Forum / Nairaland / General / Business / MTN, Airtel Lose N479bn To Currency Revaluation (18594 Views)
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MTN, Airtel Lose N479bn To Currency Revaluation by NaijaCover(m): 6:54pm On Nov 05, 2023 |
MTN Nigeria Communications Plc and Airtel Africa Plc have reported N479.11bn in foreign exchange losses following the June 2023 devaluation of the naira. Source: https://punchng.com/mtn-airtel-lose-n479bn-to-currency-revaluation/ 2 Likes
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Re: MTN, Airtel Lose N479bn To Currency Revaluation by NaijaCover(m): 6:55pm On Nov 05, 2023 |
Naija_Cover Is Just Observing MTN And AIRTEL 3 Likes 1 Share |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Hendrixky: 7:03pm On Nov 05, 2023 |
Good for them The way airtel suck my data I know one day they will lose their money 💰 64 Likes 4 Shares |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by leisuretym: 7:03pm On Nov 05, 2023 |
They have been sapping our data since 2001, they'll still steal from us to cover their losses 19 Likes |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by YoungBlackRico(m): 7:03pm On Nov 05, 2023 |
They'll recoup from the poor masses, as usual 27 Likes 1 Share |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Domaining101: 7:03pm On Nov 05, 2023 |
Don't worry, i promise you that by next year around march, Airtel and MTN will leave Nigeria because of tinubu and his trial and error economic policies, and GLO will shutdown. 29 Likes 3 Shares |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Guyman01: 7:04pm On Nov 05, 2023 |
They left their core business and started currency speculation, now Naira is gaining very fast against the dollar due to reduction in demand for luxury goods by many Nigerians and they are now crying just like the Nairalander who took advise from here to stock up on dollar at N1300 hoping it will get to N1500 in a few days only to see it crash below N1300 the next day and still going down further today 21 Likes 3 Shares |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by iamblest(m): 7:05pm On Nov 05, 2023 |
When the dollar was appreciating, and they where making horrendous profit up and down, them no complain...now wey naira don appreciate small, them dey shit for pant... I no say na the customers go use their head carry am las las 33 Likes 1 Share |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Theunbothered: 7:05pm On Nov 05, 2023 |
One cow called Manna is coming to say this is good and we should patronise Glo, the same cow was shouting about foreign investment because Tinubu went to snap pishure in India. 20 Likes 2 Shares |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by OkukoIgbo: 7:06pm On Nov 05, 2023 |
600 |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by adesegun121(m): 7:07pm On Nov 05, 2023 |
Ok |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Ayoswit(f): 7:07pm On Nov 05, 2023 |
They will transfer their aggression on their poor customers , sucking of data mood activated 5 Likes |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by sotall(m): 7:08pm On Nov 05, 2023 |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by rentAcock(m): 7:08pm On Nov 05, 2023 |
Even if dollar hit N10,000, me and my household will never give up on this country. When MTN and Airtel were making billions of dollars in profit, did they complain or give any of their customers some of their gains? They should accept their loss as a part of doing business. 17 Likes 1 Share |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by YourGFsnatcher: 7:08pm On Nov 05, 2023 |
No wonder mtn is stealing our credits 1 Like |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Solofresh2: 7:09pm On Nov 05, 2023 |
they will recover with time |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by kadraxkyle(m): 7:09pm On Nov 05, 2023 |
Not only naira, even Nigeria is undergoing devaluation. Sorry for your lose. You did not announce to us when you gained only to charge users more. Karma don catch nna 2 Likes 1 Share |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Offpoint1: 7:09pm On Nov 05, 2023 |
Bulaba effects 1 Like |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by NaijaCover(m): 7:10pm On Nov 05, 2023 |
Ayoswit: I'm Very Much Happy, For Them, Loosing That Money, After What Those NETWORK Cause Me 1 Like |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by JustPowerApps(m): 7:10pm On Nov 05, 2023 |
Serves them right, useless networks 3 Likes |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by blingxx(m): 7:10pm On Nov 05, 2023 |
FOOTSOLDIER2: low IQ don finish this one, you don't have any braincells left in your head.. Must you comment? 11 Likes 2 Shares |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by tsdarkside(m): 7:11pm On Nov 05, 2023 |
who cares.... they dont like it,they can fvck off to south africa.... south africa is such a useless miserable country.... they can all move their speculatin on currency than providin service.... 2 Likes |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by NaijaCover(m): 7:11pm On Nov 05, 2023 |
tsdarkside: See More Update @ www.naija'cover. com |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Risingblue008(m): 7:12pm On Nov 05, 2023 |
Hgf |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Skillsnigeria: 7:12pm On Nov 05, 2023 |
Hmmm |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by theophorus(m): 7:12pm On Nov 05, 2023 |
Believe this report at your own. These people wen thier accountants don dey help format their Books so that dem go fit Bobo us. Abeg, if Business no pay una, make carry una Kaya dey go. We get Glo and na our persin get am. 3 Likes |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by Eriokanmi: 7:13pm On Nov 05, 2023 |
Fake news. The last time i checked, the lagos womderman was still in power and he's set the ball rolling. 2 Likes |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by ppogba: 7:15pm On Nov 05, 2023 |
FOOTSOLDIER2: Will the same policy drive banks that are now making over 200 percent profit as a result of currency revaluation away.? Of course, we expect e- rodents like you who know next to nothing about the topic to jump in and exhibit your usual stupidity. 9 Likes 2 Shares |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by tsdarkside(m): 7:15pm On Nov 05, 2023 |
post=126809372: very bad network.... they only care about dollar exchange.... stvpid basstards....!! 2 Likes |
Re: MTN, Airtel Lose N479bn To Currency Revaluation by adioolayi(m): 7:17pm On Nov 05, 2023 |
When dem dey gain declaring huge profits also nko That's business...they will definitely make profit again 1 Like |
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