August 26, 2024/United Capital Research Global Markets: Positively Skewed Performance Last week, investors’ sentiments towards US financial markets were positive, driven by signals that inflation is trending lower. Also, the labour market was decent as signaled by the weekly jobless claims. The Bureau of Labour Statistics released its Payroll revision […]
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Worsening Insecurity in Nigeria
August 26, 2024/CSL Research The recent abduction at gunpoint of 20 medical students from the Jos Teaching Hospital in Benue State, while they were en route to a conference, highlights the worsening security situation in Nigeria. This incident, which drew intense public pressure from the National Association of Nigerian Students […]
Airtel Africa Q1 2025: Reduced FX Loss Drives Return to Profitability
August 23, 2024/CSL Research Airtel Africa’s topline performance was impacted by a decline in both Voice Revenue (down 23.4% to US$476m) and Data Revenue (down 15.8% y/y to US$409m). However, Mobile Revenue grew moderately (up 10.1% y/y to US$222m). Despite the challenges in Voice and Data Revenue, the company achieved […]
