08
JunAirtel Africa announces acquisition of DRC Spectrum
Airtel Africa has announced the purchase of 58 MHz of additional spectrum spread across 900, 1800, 2100 and 2600 MHz bands, for a gross consideration of $42m. The licence for paired spectrum in the 2100 band comes up for renewal in September 2032. All the other licences continue until July […]
08
JunNigeria’s total debt rises to N41.6tn in Q1 2022
The Debt Management Office has reported that Nigeria’s total public debt stock as at March 31, 2022, was N41.60 trillion. The amount represents the domestic and external debt stocks of the Federal Government of Nigeria, the thirty-six state governments and the Federal Capital Territory. The comparative figures for December 31,[…]
08
JunInvestors gain N100bn as NGXASI grows further by 0.35%
The Nigerian equity market on Tuesday grew further as the All Share Index appreciated by 0.35% to settle at 53,270.88 points from the previous close of 53,086.46 points. Investors gained 100 billion as The Market Capitalisation was up by 0.35% to close at N28.719 trillion from the previous close of[…]
07
JunBusinesses at this time: What determines huge patronage?
Timi Olubiyi, Ph.D. In recent times, we have seen more businesses reporting low or no profit and, in some cases, no revenue. The case of business failures is equally high and prevalent, which could be attributed to the changing landscape with the aftermath of coronavirus pandemic, high inflation, poor supply[…]
