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Tag: Airtel

Airtel Africa to sell 20% Ugandan subsidiary stake via IPO 
Telecommunications

How Airtel Africa investors lost N556bn in one day

Airtel Africa Plc, one of the largest telecoms companies listed on the Nigerian Exchange Group Plc, suffered a loss of around N556 billion at the end of Wednesday’s trading session as the domestic market continued under sell pressure. Nairametrics reported that the benchmark index completed the trading day at 53,018.97 points as the market continued […]

Airtel Africa to build 34MW data center in Nigeria
Telecommunications

Airtel commissions Gombe’s largest primary school

Airtel Nigeria, a telecommunications company, announced the opening of its seventh adopted school, Government Day Primary, as part of its ‘Adopt-A-School’ corporate social responsibility initiative. According to a statement released by Airtel on Tuesday, the project was inaugurated on March 24, 2023, in Pantami, Gombe State, by the Emir of Gombe, Alhaji Shehu Abubakar, and […]

News

Airtel, Dangote, other most valuable Nigerian companies in 2022

Telecommunication company, Airtel, led other companies in the Nigerian most valuable companies ranking. According to Nairametrics, Dangote cement was ranked second with MTN, occupying the third position. This was established by using publicly available values of publicly traded companies based on their market worth. This contrasts with the valuations of many privately held businesses, which […]

Telecommunications

Debt: MTN, Airtel, others to disconnect banks’ USSD code

  Chairman of the Association of Licensed Telecoms Operators of Nigeria, Gbenga Adebayo, has revealed that network operators will detach banks from the Unstructured Supplementary Service Data code. The banks have failed to remit commission from the costs of the USSD utilized by bank account holders for electronic transactions, according to ALTON, the umbrella organization […]

Telecommunications

NIN: MTN, Airtel bar 9.7 million subscribers

The Mobile Telephone Network and Airtel have reportedly barred 9.7 million of their subscribers from making outgoing calls over their inability to link their National Identification Numbers to their Subscriber Identity Module. The telecommunication companies disclosed this in their recent earnings reports. The report stated that 16.2 million subscribers whose lines were barred had submitted […]

Airtel Africa begins $100m share buy-back
Telecommunications

How Airtel Africa lost ₦752bn in one week

Airtel Africa Plc lost ₦752 billion at the end of the week’s trading to rank top loser of the week after sustained stock sustained sell pressure. Nairametrics reported that the telecoms company’s stock dropped by 10% to N1,800 per share, from N2000, which was the opening figure for the trading week. According to Nairametrics, Airtel […]

Telecommunications

Tinubu didn’t bring Econet to Nigeria -Tech investor

Nigerian tech investor, Victor Asemota, has said that presidential aspirant, Bola Tinubu, did not bring Econet Wireless (now Airtel) to Nigeria. The techpreneur’s comments came after the All Progressives Congress’ national leader, claimed that he played a significant role in the Nigeria telecom service by bringing Econet to the country during the presidential screening of […]

FG halts planned 5% tax on GSM calls, SMS
Telecommunications

NIN: Bar outgoing calls from unlinked SIMs, FG orders telcos

The Federal Government has ordered telecommunications operators including MTN, Globacom, Airtel, and 9mobile to bar all outgoing calls of all Subscriber Identification Module cards not yet linked with the National Identification Number effective today, April 4, 2022. Minister of Communications and Digital Economy, Isa Pantami, announced this in a statement on Monday, saying that the […]

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  • 4th April 2022
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