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Business

Airtel Africa, WAPCO, Dangote Sugar top list of stocks to watch this week

Airtel Africa, WAPCO, Dangote Sugar and PRESCO topped the list of stocks to watch this week as investors battle to recover from a bruising...
Business

Nestle, Airtel Africa, Berger, GTCO top list of stocks to watch this week

Investors in the Nigerian equities market had another week to forget shedding over N200bn in market capitalisations.This is as the market declined in three...
Business

Nigeria’s Telecom Industry Records 224.7 Million Active Subscribers As MTN Maintains Dominance

The size of Nigeria’s telecommunication subscribers rose to 224.7 million active subscribers last year, according to an official report.The National Bureau of Statistics said...
Business

Seplat, Airtel Africa, Geregu, and Bua Foods, other top list of stocks to watch this week

After a trading week characterized by four days of gaining and a day of loss, Seplat, Airtel Africa, Geregu, and Bua Foods are some...
Business

Airtel to float shares on the Uganda Securities Exchange

Airtel Uganda Limited intends to proceed with an initial public offer of 8,000,000,000 ordinary shares, representing 20% of Airtel Uganda Limited. The prospectus will...
Business

Airtel Africa’s net profit drops to $750m, Nigeria leads revenue growth

Airtel Africa recorded a drop in its net profit, with Nigeria leading its revenue growth for the annual financial period covering April 2022 and...
Business

Airtel Africa appoints Unilever big shot, Carl Cruz, to head Nigerian subsidiary

Airtel Nigeria has appointed a new Managing Director and Chief Executive Officer, Carl Cruz, to replace C Surendran, effective on Friday, May 5.The telecommunications...
Business

Portfolio investors exit Airtel Africa in droves, move investments to MTN in Q1

In the first quarter (Q1) of 2023, stock market investors snubbed Airtel Africa for its market rival, MTN Nigeria, as the telecommunications company battled...
Business

Airtel Africa, Julius Berger, Fidelity Bank among stocks to watch this week

This week’s stocks to watch list consist of Airtel Africa, Julius Berger and Fidelity Bank, as the stock market resumes its weekly activities.Ripples Nigeria...
Tech

Telcos investment in 4G, 5G hits N613bn

Aaron least N613 billion has been invested into infrastructure by MTN Nigeria and Airtel Africa to bring 4G and 5G networks to Nigerians.This is...
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