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The combined losses represent 18.06% of the ₦4.64 trillion revenue generated over the same period. Nigerian multinational firms currently listed on the Nigerian Stock Exchange (NGX) are yet to escape the economic crisis which followed the Naira devaluation last year.A recent analysis of the 2023 full-year financial statements of nine NGX-listed companies showed they were hugely affected by volatilities in the foreign exchange market. The crisis followed the Central Bank of Nigeria (CBN) policy which prompted the unification of the forex market and the devaluation of the naira in June 2023. The…

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