MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) to withhold Value Added Tax (VAT) charged on all taxable supplies made to them, and remit to the Service. This…
Airtel’s share price posted gains of 10 per cent in July, becoming one of the best-performing stocks of the trading month following positive investors’ sentiment. Positive sentiment witnessed on shares of the telecom firm during the month of July has…
Airtel Nigeria has raked in N304 billion ($734 million) from data service alone between April 2021 and March 2022. This was driven by a sharp increase in data consumption by its customers. This represents a 41.1per cent growth in data…
The Central Bank of Nigeria (CBN) has granted final approval for Airtel subsidiary, SMARTCASH Payment Service Bank limited (‘Smartcash’) to operate a Payment Service Bank (‘PSB’) in Nigeria. This was disclosed in a press release posted on the website of…
Airtel Nigeria, a telecommunications company, on Tuesday unveiled its 3-tier commercial Data Centre to support businesses and organisations in the country. Mr Surendran Chemmenkotil, Managing- Director and Chief Executive Officer, Airtel Nigeria, made this known during the unveiling of the…
Airtel Nigeria and Konga, an e-commerce platform, on Thursday signed Memorandum of Understanding (MoU) to deepen the digital and online retail landscape in the country. The MoU was signed at the Airtel headquarters in Lagos. The Airtel Chief Commercial Officer,…
The Nigerian Communications Commission (NCC) has announced MTN Nigeria Communications Plc, Airtel Networks Ltd and Mafab Communications Ltd., as approved bidders of the forthcoming 3.5 gigahertz (Ghz) spectrum auction. Dr Ikechukwu Adinde, Director, Public Affairs, NCC, said this in a…
The combined market capitalization of the stocks worth over one trillion (SWOOTs) appreciated by 0.86% to close at N15.84 trillion from N15.70 trillion the previous week, reflecting a gain of N135.50 billion. Stocks included in this classification are AIRTEL Africa,…
The Nigeria Centre for Disease Control (NCDC) on Sunday, lauded Airtel for its role and support towards the COVID-19 pandemic response in Nigeria. Airtel in a statement said that NCDC commended it for deploying resources in the fight against the…
By Kayode Tokede Airtel Africa has signed agreement to sell its telecommunications tower companies in Madagascar and Malawi to Helios Towers plc, a leading independent telecommunications infrastructure company in Africa. In a notification at the Nigerian Stock Exchange, the group’s…
