Airtel to sell tower firms in Madagascar, Malawi for $108m
Airtel Africa has announced the signing of agreements to sell its telecommunications tower companies in Madagascar and Malawi to Helios
Read more
Latest
Ecobank Group posts 68% drop in annual profit
Ecobank Group has said its profit after tax for the 2020 financial year dropped by 68 percent to $88.3 million
Read more
Dangote Cement’s profit rises 38%, revenue hits N1.03trn
Dangote Cement Plc, Africa’s largest cement producer, saw its profit after tax for the 2020 financial year rise by 37.7
Read more
Afreximbank to raise $1bn for Port Harcourt refinery rehabilitation – NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said the African Export-Import Bank has
Read more
Naira weakens further to 486/$1 at parallel market
The Nigerian currency extended its decline against the dollar on Monday at the parallel market. The naira fell to 486
Read more
Foreign investors dump Nigerian stocks worth N39bn in Feb
Foreign investors offloaded Nigerian stocks worth N39.05 billion in February, compared with N30.79 billion withdrawn in the previous month. Total
Read more
GTBank unveils plan to acquire Kenyan lender
Guaranty Trust Bank Plc, Nigeria’s biggest lender by market value, has said it plans to acquire a Kenyan lender as
Read more
Nigeria plans to resume international flights at three more airports
The Minister of Aviation, Senator Hadi Sirika, has said plans are underway to resume international flight operations at the Mallam
Read more
Nigeria’s finance minister confirms another naira devaluation
The Federal Government of Nigeria has adopted a new flexible exchange-rate policy for official transactions in a move that effectively
Read more
International Breweries posts N12.37bn annual loss
International Breweries Plc has reported a loss of N12.37 billion for the 2020 financial year, compared with N27.79 billion in
Read more