Airtel Africa reports $4.7bn revenue in 12 months, declares 3 cents as final dividend
Airtel Africa on Wednesday published its Fourth Quarter report for the year ended 31 March 2022. Revenue of the telecom giant grew by 21% for the year to $4.714 billion (N1.96 trillion) from $3.888 billion (N1.62 trillion) reported the previous year. According to the report, constant currency underlying revenue growth […]
BUA Foods acquires first of two shipping vessels for sugar export operations
BUA Foods Plc has taken delivery of the first of two shipping vessels to augment its sugar export operations to the West African market, which kicked off successfully earlier this year. BUA Food’s export of refined sugar will benefit the economy, providing alternative source of income, while significantly diversifying the[…]
Veritas Kapital Assurance appoints Emmanuel Etuh as Non-Executive Director
Veritas Kapital Assurance has notified the investing public of the appointment of Mr. Emmanuel Etuh as Non-Executive Director of the Company. The appointment of Mr. Emmanuel Etuh has been approved by the National Insurance Commission. Emmanuel is a financial adviser at TMD Capital Partners, where he specializes in building and[…]
Nigerian Bourse halts 18 straight sessions of gains, down by 0.19%
Trading activities onthe floor of the Nigerian stock market was down on Tuesday after about one month of bullish trend. The All Share Index went down by 0.19% to close at 51,805.41 points against the previous close of 51,902.48 points on Monday. The market capitalisation closed at N27.923 trillion, shedding[…]