Stock Market Extends Decline, Records N8bn Loss         Transactions on the floor of the Nigerian equity market extend losses on Monday as bears tightened their grip on the market. The market breadth also closed on a negative note with five gainers against 46 losers. The Nigerian Stock Exchange...

Airtel Finalises $94m Spectrum Purchase   Airtel Africa Plc says it has completed the spectrum acquisition for a sum of $94m after obtaining approval from the Nigerian Communications Commission. The telecommunications company said in a statement on Monday that it acquired the 10 megahertz spectrum in the...

Airtel Declares 6 Months $228m Net Profit, Interim Dividend   Airtel Africa Plc has reported improved performance for the half year (H1) ended September 30, 2019 and also declared an interim dividend. The telecommunications giant, posted revenue of $1.64 billion, showing an increase of $1.513 billion...

Airtel Lists 3.7bn Shares On NSE   Airtel Africa Plc has listed 3,758,151,504 ordinary shares on the main board of the Nigerian Stock Exchange. The NSE said the shares were listed at an offer price of N363 per ordinary share. It added that the listing of the company’s...