17 results
- 15 Jun 2025
Crypto Exchange MEXC Rolls Out P2P Support for Naira, Birr, and Rupee
In a strategic move to deepen its presence in emerging economies, global cryptocurrency exchange MEXC has launched peer-to-peer (P2P) trading support for three new fiat currencies — the Nigerian…
- 19 Nov 2019
Airtel Posts Record Loss After $4.3bn One-Time Charge
Bharti Airtel posted a consolidated net loss of $3.23 billion (230.4 billion Indian rupees) after the telco took charge of a one-time $4.3 billion potential outstanding payment to the government…
- 28 Oct 2024
Bharti’s Profit Disappoints on One-Off Forex Related Charges
Bharti Airtel Ltd. reported a lower-than-expected quarterly profit as gains from tariff hikes failed to offset the drag from a one-time charges due to foreign exchange losses. bharti airtel India’s…
- 27 Jul 2016
Nigerian Losses Drag Bharti Airtel Profit
Bharti Airtel reported a 30.8 percent fall in first-quarter net profit on Wednesday, blaming an adverse foreign exchange impact in Nigeria, although it beat analysts' estimates. Consolidated net…
- 4 Feb 2016
FXTM January Currency Roundup
Concerns over the resumption of selling in the commodity markets, China’s slowdown and the market’s adjustment to higher US interest rates led to volatility and losses in the international stock…
- 21 Sept 2018
Optimism Builds that Dollar Turning Corner Lower
By Jameel Ahmad, Global Head of Currency Strategy & Market Research at FXTM Currencies throughout Asia have welcomed the news that the Dollar has tumbled to a near 3-month low. A number of…
- 14 Oct 2015
Samsung Electronics Unveils Second Tizen-Powered Smartphone
Tech giant Samsung Electronics Co unveiled the second smartphone powered by its own Tizen operating system, its latest bid to increase the popularity of its own software ecosystem. Samsung said the…
- 1 Jul 2016
Tecno, Huawei, Infinix On Red Alert, World’s Cheapest Smartphone Ships
Costing less than £3 (less than N2000), the first batch of the world’s cheapest smart phone, begins shipping next week, the manufacturers said during the week. According to a report in UK’s New…
- 26 Oct 2018
Bharti Airtel, Owners of Airtel Under Financial Pressure
S&P Global Ratings has stated that Bharti Airtel’s dilution of a roughly 28% stake in its Africa unit will ease some pressure on the rating of the telco, but warned that a risk of a downgrade…
- 7 May 2014
Gartner Says CRM Software Market Grew 13.7 Percent in 2013
Worldwide customer relationship management (CRM) software totaled $20.4 billion in 2013, up 13.7 percent from $18 billion in 2012, according to Gartner, Inc. "High levels of end-user investment in…
- 3 Dec 2018
Naira Struggles to Benefit from US-China Trade Truce
By Lukman Otunuga, FXTM Research Analyst Optimism over the temporary trade truce announced between the two largest economies in the world after the G-20 Summit in Argentina last weekend has played a…
- 15 Jan 2019
Will Nigeria be affected by Brexit?
By Lukman Otunuga, Research Analyst at FXTM Market expectations remain elevated over Theresa May’s Brexit deal facing defeat in the House of Commons this evening. Investors will be paying very close…
- 10 Sept 2018
Naira Threatened by External Factors, Gold Sinks
By Lukman Otunuga, Research Analyst at FXTM, External influences may impact the Nigerian Naira this week, with investors keeping a very close eye on any further -turmoil with emerging market…
- 6 Nov 2023
FCCPC Says Licensed Digital Lenders now 211
The number of digital lenders licensed to operate in Nigeria has risen to 211, according to new data from the Federal Competition and Consumer Protection Commission (FCCPC) Pic credit: stears.co Of…
- 8 Jul 2024
Africhange Launches in the UK, Enabling Low-cost Remittance and Discounted Rates for Students
Africhange, a global remittance services provider, has launched its operations in the UK, offering more efficient, cost-effective and reliable solutions for individuals to send and receive money…
- 14 Apr 2017
FXTM: Trump U-Turns Dollar Weakness Fails to Support Rand, Lira
FXTM Vice President of Market Research, Jameel Ahmad comments on the US President Donald Trump’s latest comments and escalating geopolitical risks. The recent escalation of geopolitical risks…
- 31 Oct 2013
Airtel Announces Consolidated Total Revenues up by 10% YoY
Bharti Airtel Limited on Thursday announced its audited consolidated IFRS results for the quarter ended September 30, 2013. The consolidated revenues for Q2‟14 at ₹ 21,324 crore grew by 10% over the…