Nigeria’s new foreign exchange policy has led to huge exchange rate losses for some of the country’s largest companies. But the worst is over, according to analysts who say that the resilience of Nigerian companies will make them adapt over time.
There’s more to this story
Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
Already a a subscriber