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Tag: Airtel

Nigeria’s Ogunsanya to lead Airtel’s Africa Operations

Nigeria’s Ogunsanya to lead Airtel’s Africa Operations

Business
Airtel Africa PLC has announced Olusegun Ogunsanya, CEO of Airtel Nigeria, as CEO Africa following Raghu Mandava’s notice of retirement. Ogunsanya will join the board of Airtel Africa with effect from October 1, 2021.      He joined Airtel Africa in 2012 as Managing Director/CEO Nigeria and has been responsible for the overall management of its operations in Nigeria.   Segun has more than 25 years of experience in business management experience in banking, consumer goods and telecoms. Before joining Airtel in 2012, Segun held leadership roles at Coca-Cola in Ghana, Nigeria and Kenya (as MD and CEO).  He had also been the Managing Director of Nigerian Bottling Company Ltd (Coca-Cola Hellenic owned) and Group Head of retail banking operations at Ecobank Transnational Inc covering 28 ...
How to raise stock market capitalisation through multinationals

How to raise stock market capitalisation through multinationals

Business
Since the 2007-2008 global financial crises, there have been growing agitations for multinational companies operating in Nigeria to list on the capital market, to create employment, deepen the market and make capital available for investors. Economists have argued that the listing of big corporations in niche sectors of the Nigerian economy, especially the telecommunications and oil and gas companies will significantly raise the capitalisation of the stock market, which had remained slightly above N12 trillion in the past few years. Market cap is the value of a company on the stock market, and this is one of the factors that attract investors. Rather than the calculation of sales or total asset figures to determine a company’s size, the investment community makes use of the market ca...