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Airtel Africa Says Pretax Profit Up +72% in 2020, Offers $3 Cents Final Dividend

May 13, 2020 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Leading provider of telecommunications and mobile money services, Airtel Africa Plc on Wednesday announced its Pretax profit for the period ended March 31, 2020 grew 71.7 percent to $598 million from $348 million recorded a year ago. This is coming on the […]

Nigerian Equities Market Rebounds by 0.06% on Renewed Bullish Activity

May 13, 2020/Cordros Update EQUITIES The Nigerian equities market recorded a marginal gain after today’s trading session, as investors’ demand for banking stocks, UNILEVER (+9.9%), and MOBIL (+9.9%) covered for the loss in market’s heavyweight MTNN (-1.4%). Thus, the All-Share Index advanced by 0.1% to 23,709.44 points. Accordingly, Month-to-Date gain […]