Airtel Africa surpasses Dangote Cement as most capitalised company on NGX | TheCable

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Airtel Africa surpasses Dangote Cement as most capitalised company on NGX via thecableng

January 28, 2022 10:51 PM

For the first time, Airtel Africa hit an all-time high of N1,271 per share during the week with a market capital of N4.7 trillion at the end of Friday’s trading — sealing its 10 percent gain week-on-week. At the end of trading on Friday, Dangote’s market capitalisation stood at N4.44 trillion as its shares closed flat.In one year, Airtel’s share price has gained over 46 percent on account of improved operational performance, share buybacks, and investor sentiments.of N1,050 after announcing the disposal of its tower assets in Tanzania.approval in principle to operate a payment service bank and as a super-agent in Nigeria, expanding its business beyond the telecoms frontier.

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