Nigeria’s telecom sector: Flying high over cloudy skies
The telecoms sector remained the bright spot in a weak economy in 2021 (Q3 2021 GDP:10.87%). The growth in the ...
Tag: Airtel Africa
AIRTEL AFRICA leads gainers as market capitalization appreciates by N318 billion
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 129 ...
Airtel Africa, others push SWOOTs capitalization to increase by N305 billion
The combined market capitalization of the stocks worth over one trillion (SWOOTs) appreciated by 1.97% to close at N15.79 trillion ...
Airtel Africa Plc announces sale of tower assets in Tanzania
Telecommunications giant, Airtel Africa, has announced the sale of assets to a Tanzanian joint venture company. The transaction was disclosed ...
Airtel Africa receives additional $125 million in second closing of its money minority investments
Airtel Africa Plc has announced the completion of the second phase of its money minority investment transaction with TPG’s The ...
Rally in telcos, bank shares drive NGX market cap up by N643 billion
The Nigerian Exchange market today reached a new 52 week high of 43,246.87 points exceeding the previous 52 week high ...
Most valuable companies in Nigeria now worth a combined $36.1 billion
Five of Nigeria’s most valuable companies ended the month of October with a market valuation of N14.8 trillion ($36.1 billion) ...
Airtel Africa posts $335 million PAT in H1 2021, grows profit by 131%
Airtel Africa recorded a 131% increase in its profit after tax in H1 period ended 30th September 2021 to stand ...
AIRTEL AFRICA, UNITY BANK lead gainers, as ASI gains N317 billion
The stock exchange market closed positive today, Tuesday 10th August 2021, as the benchmark index (ASI) increased by 158 basis ...
The SWOOTs lose 0.35% in market capitalization to N13.42 trillion
The combined market capitalization of the SWOOTs (stocks worth over one trillion) depreciated by 0.35% to close at N13.42 trillion ...
