HeadlinesNews Stand NG

Airtel Africa fixes N1,347.44/$ rate for interim dividend, implying N41.77 per share for NGX holders

Airtel Africa fixes N1,347.44/$ rate for interim dividend, implying N41.77 per share for NGX holders
Photo courtesy of Nairametrics · Verified via News Stand NG
Source Attribution: Nairametrics

News Stand NG operates under ethical news aggregation guidelines. Source: Nairametrics. To read the unabridged investigative reporting and full gallery, visit the original publication.

Read Full Story on Nairametrics
AI Executive Briefing
Verified Synthesis~58s read
Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira. For NGX shareholders, the default payment currency is Naira, while LSE shareholders who do not make an election will receive their dividends in US Dollars.
Context & Background
  • ✦Nairametrics previously reported that Airtel Africa and Seplat Energy were among the NGX-listed companies paying dividends in US Dollars.
Key Figures & Named Entities
Naira.:Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira.Thursday:The rate was disclosed in a notice filed with the Nigerian Exchange (NGX) on Thursday, November 5, 2026, and signed by the Group Company Secretary, Simon O’Hara, outlining the currency options available to shareholders on the NGX and London Stock Exchange (LSE).2026:The company said the dividend would be paid on December 11, 2026, to shareholders on its register at the close of business on November 13, 2026.
Outlook & Next Steps
Follow original publisher reporting for subsequent developments, official responses, and verified updates.
Key Takeaways
Verified Extract
  • ✦Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira.
  • ✦For NGX shareholders, the default payment currency is Naira, while LSE shareholders who do not make an election will receive their dividends in US Dollars.
  • ✦Nairametrics previously reported that Airtel Africa and Seplat Energy were among the NGX-listed companies paying dividends in US Dollars.
Key Facts:Naira.: Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira.Thursday: The rate was disclosed in a notice filed with the Nigerian Exchange (NGX) on Thursday, November 5, 2026, and signed by the Group Company Secretary, Simon O’Hara, outlining the currency options available to shareholders on the NGX and London Stock Exchange (LSE).2026: The company said the dividend would be paid on December 11, 2026, to shareholders on its register at the close of business on November 13, 2026.2026: Airtel Africa sets dividend conversion rates: Airtel Africa said the Naira and Pound Sterling conversion rates were determined using Dollar exchange rates available on October 30, 2026.
Editorial Excerpt

Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira.

Frequently Asked Questions About This Story

What is the latest development regarding Guaranty Trust Bank?

Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira.

Who are the key organizations or public figures mentioned?

The primary parties identified in this coverage include Guaranty Trust Bank, Airtel Nigeria, Dangote Group.

What timeline or key figures were confirmed?

Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira.

Related Topics & Entities

More Coverage on This Story