Business

Airtel Africa lists in Nigeria

Isaac UmunnaComment(0)

Airtel Africa listed on the Nigerian Stock Exchange on Tuesday, in a flotation that valued it at 1.364 trillion naira, making it the bourse’s third-largest stock by market capitalisation.

India’s Bharti Airtel offered shares in its African unit two weeks ago via a London IPO and said it would dual list in Nigeria, its biggest market in Africa. It listed the shares at 363 naira each in Lagos.  Reuters

Isaac Umunna

Related Articles
Business

ITU, EIF join forces to reduce the digital gender divide in Burundi, Ethiopia and Haiti

Isaac Umunna

The International Telecommunication Union (ITU) and the Enhanced Integrated Framework (EIF) have launched a cooperative project to enhance the digital ecosystem and build digital skills for women in Least Developed Countries (LDCs). The project will address the ongoing gender digital divide which, while narrowing in developed regions, has widened in developing nations and the LDCs […]
Business

Nigeria mulls birth control policy

Isaac Umunna

Nigeria’s finance minister says the government is mulling a plan to limit the number of children a woman can have. Zainab Ahmed made the comment at a summit focusing on Nigeria’s economy in the capital, Abuja. She said one the challenges Nigeria faced to meet economic growth targets set by the government was the country’s […]
Business

Oil supply downturn: OPEC plans meeting for March 5-6

Isaac Umunna

OPEC, for now, is planning to hold its ministerial meeting as scheduled this week, pending a final decision Monday with a teleconference under consideration, sources told S&P Global Platts. “At the moment, we are proceeding with our plans,” a source said on condition of anonymity. “We also remain in contact with the Austrian authorities.” Delegations […]