annual report
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Nigeria Naira Devaluation Blamed as Dangote Sugar Faces ₦172 Billion Forex Losses in 2023
Dangote Sugar Refinery Plc faces financial headwinds as it reports a substantial loss before tax amounting to N108.92 billion in its 2023 annual report. The staggering foreign exchange losses of N172.198 billion, attributed to the devaluation of the naira, lead to a 53% depletion of...
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