Nigeria remains Airtel Africa’s lifeline as CBN devaluation impacts revenue

Nigeria remains Airtel Africa’s lifeline as CBN devaluation impacts revenue

Ripples Nigeria

Nigeria remains the top revenue source for telecommunications company, Airtel Africa, as earnings from the market surpasses that of its East Africa turnover. In its financials seen by Ripples Nigeria, Airtel Africa generated $1.11 million in the quarter ended June 31, 2021, against about $851,000 it reported as revenue for the same period in 2020. […]

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