Bharti Airtel has said that its Africa’s operation reported a net profit of $154 million in the fourth quarter of last year, which doubled on-year and jumped 32.7 per cent...

Telecommunications firm, Airtel Africa, has struck deals with Helios Towers for the sale of its towers in Madagascar and Malawi for a combined $108 million

Airtel Africa, a telecommunications provider in 14 countries, says the Nigerian Communications Commission (NCC) has approved the renewal of spectrum licenses in 900 and 1800 Megahertz (MHZ) for its subsidiary Airtel Nigeria.

The market capitalisation of the Nigerian Stock Exchange (NSE) hit N20 trillion at the end of transactions yesterday, as sentiments remained upbeat for the eight successive sessions.

The bulls sustained dominance on the equity sector of the Nigerian Stock Exchange (NSE) yesterday, as virtually all the bluechip stocks, especially Airtel Africa and Ardova appreciated in price, causing market capitalisation to increase further by N390 billion.

Unwilling to be weighed down by the current recession, the bull sustained a rising profile at the end of yesterday’s transaction at the Nigerian Stock Exchange (NSE), as more blue-chip stocks joined the league of gainers, causing market capitalisation to appreciate further by N224 billion.   Yesterday, the All-Share Index (ASI) gained 428.44 points, representing…

Following bargain-hunting in some blue-chips, especially Airtel Africa and Sunu Assurance, the domestic equities market closed positive for the first time in the week, as the All-Share Index rose 0.06 per cent.

Following price losses incurred by most blue-chip stocks, trading on the floor of the Nigerian Stock Exchange (NSE) sustained sliding profile yesterday as the All -Share Index (ASI) further dropped by 0.6 per cent.

Trading on the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, following losses suffered by most bluechip stocks, especially Unity Bank and Airtel Africa, as market capitalisation slumped by N100 billion.

About 925,895 new subscribers joined the various telecommunications networks in Nigeria in July, according the latest statistics released by the Nigerian Communications Commission (NCC).

Investors continued snub of equities and subsequent diversion to short-dated money market instruments despite the stock market attractive valuation have become a source of worry to stakeholders, as they task the government to adopt an economic policy that would urgently respond to the macro challenges currently rocking the domestic economy.

Finally, the Nigerian Stock Exchange (NSE) has announced plans by Airtel Africa to list its 3,758,151,504 ordinary shares on the nation’s bourse Tuesday, July 9, 2019.