Nigeria: Why these 7 companies may be delisted from the NSE soon
Seven companies have been on the delisting radar of the Nigerian Stock Exchange (NSE) for over two years (since December 2019).
1M | 3M | YTD | 1Y | 2Y |
+1.70% | -4.31% | +33.81% | +66.46% | +93.15% |
Value Traded (Mln NGN) 9,887.52 |
Volume 509,767,991 |
Transactions 7,966 |
Market Cap. (Bln NGN) 56,552.66 |
Seven companies have been on the delisting radar of the Nigerian Stock Exchange (NSE) for over two years (since December 2019).
Mastercard has sealed a pact with wireless operator Airtel Africa that will see it procure a minority interest in the telco’s mobile money division, Airtel Mobile Commerce BV (AMC BV).
Access Bank, one of the largest banks in Nigeria by customer size, has received the necessary regulatory approvals in Nigeria and South Africa to acquire a significant stake in South African bank Grobank Limited.
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the signing of agreements to sell its telecommunications tower companies in Madagascar and Malawi to Helios Towers plc (the "Purchaser"), a leading independent telecommunications infrastructure company in Africa (together, the "Transactions"). The Group's tower portfolios in these two markets together comprise 1,229 towers which form part of the Group's wireless telecommunications infrastructure network.