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Tag: Airtel Africa plc

Airtel CEO earns £757,440 from share sales
Business

Airtel CEO earns £757,440 from share sales

Airtel Africa Plc notified the Nigerian investing public on Friday of it’s Chief Executive Officer, Olusegun Ogunsanya’s transaction in the Company’s ordinary shares. The transaction on the London Stock Exchange on August 4 of 666,174.760 units at £1.137 per share amounted to £757,440.70. “Ogunsanya will use the proceeds from this sale of ordinary shares to finance the […]

Airtel Africa to build 34MW data center in Nigeria
Business

Airtel Africa loses $471m FX in Q2 2023

Airtel Africa plc reported a $471 million foreign exchange loss in the fiscal quarter ended June 30. This is by the financial statement of the company submitted to the Nigerian exchange. The loss was caused by the Central Bank’s unification of the currency rate, which increased it from N460/$ in June to N790/$. From the […]