Tuesday, 4th October 2022
<To guardian.ng
Search

Airtel Africa shares drop further after Tuesday’s listing

Airtel Africa shares lost another 10 percent on its third trading session bringing its share price to 323 Naira 5 Kobo. Andrew Tsaku, Trader at Kapital Care Trust joins CNBC Africa for more.

Related

14 Apr 2021
Shares in the cryptocurrency exchange Coinbase start trading on Wall Street this Wednesday, with the company expected to be valued at around $65 billion. Its value has more than tripled in three years, boosted by the trading frenzy around Bitcoin. It will be the largest company in this sector to have gone public to date. Also today, we look at French government efforts to encourage employers to hire their temporary staff for the summer tourist season, despite ongoing coronavirus restrictions which have kept many restaurants closed.
25 Apr 2021
Shares in Netflix plunged by almost nine percent in after-hours trading on Wall Street on Tuesday, after the streaming giant announced a major slowdown in subscriber growth. Netflix added just four million new customers in the first three months of 2021, compared to 16 million in the same period last year. The company is hoping that new seasons of hit shows like "Sex Education" will help boost growth later this year. Also today, we hear how French employers are struggling to recruit seasonal workers for this summer.
2 May 2021
A few months after the United Kingdom's exit from the European Union, the Netherlands is emerging as an early economic winner, as trading of stocks and goods move across the Channel to the continent.
29 Apr 2021
Netflix shares drop after slowdown in subscriber growth
7 May 2021
Bayelsa state governor, Douye Diri, has banned erecting illegal market structures and street trading in Yenagoa, the state capital.
19 Jul 2021
Inside an unassuming store in New York's Greenwich Village, around a dozen men unlock black briefcases, remove sports cards and begin to trade them -- a growing hobby and industry that has boomed during the pandemic.
22 Sep 2021
The €2.14 billion capital increase will shore up the German flag carrier's finances and help pay off a government bailout secured at the height of the COVID-19 pandemic.
4 Oct 2021
The Hong Kong Stock Exchange did not say why it has suspended trading in Evergrande shares, but there is speculation that another major developer may buy out the company's property management unit.
5 Oct 2021
Shares in Facebook slumped by almost five percent on Wall Street on Monday after its services – including Instagram and WhatsApp – were knocked offline for several hours by a technical problem. Technology shares in general saw a selloff too, including Facebook's rivals like Twitter. Around $6 billion was wiped off the personal fortune of CEO Mark Zuckerberg. Also today, oil prices have jumped after the latest decision by OPEC and its allies not to increase supplies at a faster pace.
14 Oct 2021
Nigerian artist Sly Megida has been using cryptocurrency platforms to sell his pieces after COVID-19 lockdowns and fluctations in the naira's value forced him to reconfigure his business. Nigeria's Central Bank barred local banks from working with cryptocurrencies in February, warning of "severe regulatory sanctions" and freezing accounts of firms it says are using them.
11 Nov 2021
The world's richest man sold about 900,000 shares of his company Tesla after asking Twitter followers whether he should sell 10% of his stocks. But documents showed the sale was put in motion much before the poll.
15 Nov 2021
The billionaire CEO of the electric car maker has taken advantage of a nearly six-month meteoric rally in the stock price that vaulted the firm's value to over $1 trillion.