Airtel plans London IPO, Lagos listing

… Nigerian operations made $1.1bn in revenues … applies for mobile banking licence

Airtel plans London IPO, Lagos listing

Less than two weeks after Africa’s largest mobile operator, MTN, listed its Nigerian unit on the Nigerian Stock Exchange (NSE), Airtel Africa, the continent’s second-largest mobile operator, is planning an initial public offering (IPO) on the London Stock Exchange (LSE), a move expected to open more investment opportunities in Nigeria. These opportunities include a listing…

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