The NGXASI advanced by 2.10% to close at 244,775.83 pts, as buy pressure in DANGCEM (+10.00%), FIRSTHOLDCO (+9.98%) and BUACEMENT(+6.71%) drove the domestic bourse into the positive region. In the fixed income space, the Treasury Bills secondary market traded on a tepid note, driven by the weak buy sentiment observed […]
Author: InvestAdvocate
Oil Markets Whipsawed by Conflicting U.S.-Iran Signals
May 8, 2026/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices head for a 7% weekly loss as traders struggle to price in conflicting signals from U.S.-Iran talks and ongoing Middle East attacks. Friday, May 8, 2026 Oil prices are set for a 7% weekly loss after markets remain confused about the […]
Airtel Africa Plc 2026FY: Revenue Growth and EBITDA Margin Expansion Drives Earnings Uplift
Airtel Africa Plc (AIRTELAFRI) published its 2026FY audited results today (08 May), reporting a 212.2% y/y growth in EPS to USD0.19 (2025FY: USD0.06). The strong earnings performance was underpinned by a 29.5% y/y growth in revenue and a 280bps y/y expansion in EBITDA margin to 49.3%. Meanwhile, the board has […]
