Airtel Africa Plc has entered into new arrangements with Barclays Capital Securities Limited to support its ongoing share buy-back programme, including during the forthcoming closed period. The total size of the programme remains unchanged. The Company had earlier, on 14 May 2025, announced the commencement of the second tranche of its share buy-back for up to $55 […]
The equity market on Tuesday closed on a bearish note as the All Share Index dropped by 0.40% to settle at 140,929.60 points from the previous close of 141,498.22 points. The Market Capitalisation declined by 0.36% to close at N89.199 trillion from the previous close of N89.525 trillion, thereby shedding N326 billion. An aggregate of 759 million[…]
United Bank for Africa Plc (UBA) has announced an interim dividend of 25 kobo per share for the half-year period ended June 30, 2025. The Group posted gross earnings of ₦1.62 trillion, representing an 18.0% increase from ₦1.37 trillion recorded in H1 2024. Profit after tax rose 6.1% year-on-year to ₦335.53 billion, compared to ₦316.36 billion in[…]