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Business

Airtel Africa Announces Voting Rights After Share Buyback

Airtel Africa Plc has announced an update on its total voting rights in accordance with the Financial Conduct Authority’s (FCA) Disclosure Guidance and Transparency...
Business

Three Years After Adoption, NCC Reports Sluggish Growth Of 1.11% In 5G Penetration

Fifth-generation (5G) network penetration in Nigeria has witnessed sluggish growth since the issuance of licences to three network service providers in 2021 and 2022.The...
Business

Airtel Africa Spends £48m To Buy-Back 491,861 Shares From Citigroup

Airtel Africa Plc has bought back 491,861 shares held by Citigroup Global Markets Limited in multiple deals worth £48mThe deal is part of the...
Business

Airtel Africa Replaces Nigerian CEO Ogunsanya With Sunil Taldar

Airtel Africa has replaced its retiring Chief Executive Officer, Olusegun Ogunsanya, with Sunil Taldar.The company disclosed the changes on Tuesday in a regulatory filing...
Business

MTN, Airtel, Others To Block All Phone Numbers Without NIN Registration

MTN Nigeria Communications Plc has said that it has been directed by the Nigerian Communications Commission to implement full network barring on all phone...
Business

First Bank’s Market Capitalisation Falls Below N1trn Two Days After Making History

First Bank of Nigeria Plc’s market capitalisation has dropped below the N1trn mark, which it recorded for the first time last Wednesday.As of the...
Business

Telecoms Firms Count Losses As Forex Crisis Cuts Profit By 50%

Nigeria’s biggest network service providers and the new entrant in the industry are experiencing major setbacks driven by inflation and the naira floating policy...
Business

Airtel Africa CEO Olusegun Ogunsanya Sells Shares Worth N720.5 Million To Buy UK Property

Airtel Africa Plc’s Chief Executive Officer, Olusegun Ogunsanya, has offloaded shares worth £757 440 an equivalent of N720.59m to buy property in the UK.The...

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