Airtel Nigeria Appoints Adebimpe Ayo-Elias as New Human Resources Director 

Airtel Nigeria Appoints Adebimpe Ayo-Elias as New Human Resources Director 

Airtel Nigeria, telecommunications services provider has appointed Adebimpe Ayo-Elias as Director of Human Resources and Administration.  Airtel in a statement on Saturday said that in her new role, Ayo-Elias would be responsible for driving the communication people agenda with a...
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Market Capitalisation Recovers N504b

Market Capitalisation Recovers N504b

The key performance indicators of the Nigerian Exchange closed on Friday with 1.76 per cent growth amid gains in stocks of First Bank of Nigeria Holdings (FBNH), Airtel Africa, amongst others.  Specifically, the market capitalisation inched higher by N504...
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Airtel Africa Records 82% Profit Growth

Airtel Africa Records 82% Profit Growth

Airtel Africa Plc.’s profit before tax grew by 82 per cent to 755 million dollars in the financial year ended March 31, compared to the corresponding period in 2021.  The company stated in Lagos on Wednesday that the strong growth resulted...
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Airtel, Konga Sign MoU To Deepen Online Retail In Nigeria

Airtel, Konga Sign MoU To Deepen Online Retail In Nigeria

Airtel Nigeria and Konga, an e-commerce platform, on Thursday signed Memorandum of Understanding (MoU) to deepen the digital and online retail landscape in the country. The News Agency of Nigeria (NAN) reports that the MoU was signed at the Airtel...
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Airtel, MTN, Others Drive NGX Growth Further By N252b

Airtel, MTN, Others Drive NGX Growth Further By N252b

The nation’s bourse extended its upward movement on Tuesday with N252 billion gain as investors staked more money in Airtel Africa and 23 others.  Specifically, the market capitalisation which opened at N22.569 trillion inched higher by N252 billion or ...
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Bua Cement, MTNN, Airtel, lift NGX By N237b

Bua Cement, MTNN, Airtel, lift NGX By N237b

Bullish sentiments persisted on the Nigerian Exchange (NGX) Ltd on Thursday with the market capitalisation increasing further by N237 billion due to investors’ sentiment in bellwethers.  The bellwethers are BUA Cement, MTN Nigeria Commnuciations (MTNN) ...
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Airtel Africa Appoints Gebreyes As Non-Executive Director

Airtel Africa Appoints Gebreyes As Non-Executive Director

Airtel Africa Plc, a telecommunications and mobile money services company, has announced the appointment of Ms Tsega Gebreyes as an Independent Non-Executive Director with immediate effect.  This is contained in a notice signed by Airtel Africa’s Compan...
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Airtel Africa To Buyout Nigerian Minority Shareholding

Airtel Africa To Buyout Nigerian Minority Shareholding

Airtel Africa has announced that its subsidiary, Airtel Networks Ltd., (Airtel Nigeria) has initiated a process to buy back 8.27 percent minority shareholdings at N55.81 per share.  In a statement on Monday, the Group Company Secretary, Mr Simon O’Hara, ex...
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Active Mobile Subscription In Nigeria Hits 189m In August

Active Mobile Subscription In Nigeria Hits 189m In August

Active mobile telephone subscription in Nigeria is 189 million as at August 2021.   According to the Nigerian Communications Commission (NCC), the breakdown of the statistics indicates that active mobile subscriptions across the networks of MTN, GLobacom, Ai...
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Airtel Africa, Unity Bank Top Gainers’ Chart As NGX Gains N318b

Airtel Africa, Unity Bank Top Gainers’ Chart As NGX Gains N318b

The Nigerian Exchange (NGX) on Tuesday gained N317billion due to buying investors interest in 21 stocks.   At the end of the day’s transactions, the market capitalisation rose by N317 billion to close at N20.411 trillion against N20.094 trillion re...
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NCC: Airtel Yet To Renew License

NCC: Airtel Yet To Renew License

The Nigerian Communications Commission (NCC) is yet to renew Airtel’s Mobile Operating License.   NCC’s Director of Public Affairs, Dr Ikechukwu Adinde in a statement on Sunday said the attention of the NCC was drawn to a rece...
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Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Transaction at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in large and medium capitalised stocks  Specifically, the market capitalisation, which opened at N20.409 trilli...
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NCC Concludes Cost-Based Study On International Termination Rate Determination

NCC Concludes Cost-Based Study On International Termination Rate Determination

The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of Mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international oper...
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Court Reserves Judgment In Suit Against Airtel, Glo Over Caller Tunes

Court Reserves Judgment In Suit Against Airtel, Glo Over Caller Tunes

A Federal High Court in Lagos on Friday reserved judgement until May 26, in a suit filed  by an artiste, Mr Bright Okiki, against some telecommunication companies over alleged copyright infringement. Justice Nicholas Oweibo reserved judgement in the suit ...
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