The combined market capitalization of the stocks worth over one trillion (SWOOTs) appreciated by 1.97% to close at N15.79 trillion from N15.48 trillion the previous week, reflecting a gain of N305.66 billion. Stocks included in this classification are AIRTELAFRICA, BUA…
The nation’s bourse extended its upward movement on Tuesday with N252 billion gain as investors staked more money in Airtel Africa and 23 others. Specifically, the market capitalisation which opened at N22.569 trillion inched higher by N252 billion or 1.22…
Airtel Africa and UNICEF have announced a five-year pan-African partnership to help accelerate the roll-out of digital learning through connecting schools to the internet and ensuring free access to learning platforms across 13 countries. This is by providing equal access…
The Nigerian Exchange Limited (NGX) equities market last week sustained its bullish sentiment amid sustained investors’ interest in banking shares. Hence, given the bullish sentiment in the equities space, the NGX All-Share Index (ASI) rose week-on-week (W-o-W) by 1.61 per…
The Nigerian Exchange Limited (NGX) sustained bullish momentum on Tuesday with the market capitalisation crossing the N21 trillion mark. Specifically, the market capitalisation which opened at N20.969 trillion rose by N247 billion to close at N21.216 trillion. Cordros Research attributed…
Airtel Africa has announced that its subsidiary, Airtel Networks Ltd. (Airtel Nigeria), has initiated a process to buy back 8.27 per cent minority shareholdings at N55.81 per share. The Group Company Secretary, Mr. Simon O’Hara, disclosed in a statement made…
By Kayode Tokede Transactions on the nation’s bourse maintained positive outlook on Tuesday with the market capitalisation growing further by N163 billion, amid foreign investors interest in Airtel Africa and MTNN. Consequently, the market capitalisation increased by N163 billion or…
Airtel Africa has announced the signing of an agreement under which Mastercard, a leading innovator and global technology company in the payments industry, will invest $100 million in Airtel Mobile Commerce BV (AMC BV), a wholly owned subsidiary of Airtel…
Airtel Africa Plc on Wednesday reported a 14.2 per cent ($3.91billion) growth in income in its Q1 2021 earnings. The company said it recorded revenue growth across all its regions: Nigeria by 21.9 per cent; East Africa by 23.5 per…
Airtel Africa Plc, has announced the appointment of Mr Olusegun Ogunsanya as the new Chief Executive Officer. This follows the notice of retirement given by the current Managing Director and Chief Executive Officer, Raghunath Mandava, to the Board of the…
