Oando suffers N5.4bn Q3 foreign exchange loss

Oando suffers N5.4bn Q3 foreign exchange loss
Kunle Kalejaye 09 November 2016, Sweetcrude, Lagos – Oando Plc has recorded a net foreign exchange loss of N5.4 billion in the third quarter of this year. The loss was due largely to the devaluation of Nigeria’s naira and the unfavourable economic environment, which saw the country enter a recession earlier in the year. “The Nigerian […] More »
Oando suffers N5.4bn Q3 foreign exchange loss Oando suffers N5.4bn Q3 foreign exchange loss Reviewed by Crude Oil Facilitators on 23:30 Rating: 5

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