FBN Holdings suffers N165bn forex loss in six months
FBN Holdings Plc, the parent company of First Bank of Nigeria, posted a foreign exchange loss of N165.05 billion in the first half of this year, compared to N98.14 billion in the same period of 2023.
FBN Holdings Plc, the parent company of First Bank of Nigeria, posted a foreign exchange loss of N165.05 billion in the first half of this year, compared to N98.14 billion in the same period of 2023.
The banking group, however, saw its profit before tax double to about N412 billion.
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