Airtel to pay $13bn dividend despite $549m FX loss
The board of Airtel Africa has proposed a final dividend of $3.27 per share for the year ending March 2024. The telecoms giant will be paying $13.39bn dividend for the ...
Monday, July 6, 2026
Tag: FX loss
Airtel suffers $549m FX loss over currency devaluations in Nigeria, Malawi
Nigeria’s second-largest telecom operator, Airtel Africa Plc, has disclosed a loss after tax of $89m for its full year ending March 2024, attributing the downturn to a substantial foreign exchange ...
Guinness optimistic despite N81bn FX loss
Guinness Nigeria Plc has improved its operating profit by 27 per cent to N2.21bn in the first quarter of 2024 despite N81bn foreign exchange loss. This was revealed in the ...
PZ Cussons suffers £88.2m FX loss over naira volatility
A multinational firm, PZ Cussons, has announced an £88.2m foreign exchange loss arising from the devaluation of the naira. PZ Cussons Chief Executive Officer, Jonathan Myers, in a statement on ...
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