Airtel Africa has confirmed arrangements for its final dividend payout of 3.9 cents per share, unveiling currency options and exchange rates that will impact Nigerian and global shareholders alike.
The telecoms and mobile money operator, which spans 14 African markets on the continent, including Nigeria, says the dividend is becoming payable on 25 July 2025 to shareholders on its register by the close of business on 20 June 2025.
Airtel Africa, listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), is disclosing the terms in a corporate notice filed with NGX. The company says that LSE shareholders may opt to receive their payments in GB pounds or U.S. dollars, while NGX shareholders may choose between Nigerian naira or U.S. dollars.
The operator sets 18 June 2025 as the last trading date for dividend eligibility on the LSE, and 17 June 2025 for the NGX.
Shareholders wishing to select a preferred currency must submit a completed currency election form by 7 July 2025, Airtel Africa says. Otherwise, dividends will be paid in the default currency—U.S. dollars for LSE shareholders and Nigerian naira for those on the NGX.
Currency election forms are being made available via Computershare Investor Services plc, the UK registrar, and Coronation Registrars Limited in Nigeria. The company says that shareholders can submit their forms by post, electronically, or—if CREST participants—via the CREST platform.
Airtel Africa says the exchange rates for the Nigerian naira and GB pounds are derived from U.S. dollar rates available as of 30 May 2025, setting the applicable exchange rates at:
₦1,589.00 to $1
£0.7426 to $1
These figures will determine the local currency value of the dividend payment.
Airtel Africa, majority owned by India’s Bharti Airtel, continues to deepen its footprint across Africa through a blend of mobile voice, broadband data, and mobile money services. The company says its pan-African strategy is aimed at “transforming lives across Africa” through improved digital connectivity and financial inclusion.
In Nigeria—its largest and most competitive market—Airtel Nigeria maintains 58,586,914 active mobile lines, as of April 2025, according to data from the Nigerian Communications Commission (NCC). This accounts for 33.93% of market share, securing its position as the second-largest mobile operator in the country.
With growing investor interest and regulatory expectations in Nigeria’s evolving telecoms and financial markets, the dividend announcement is expected to spark shareholder engagement, while reinforcing Airtel Africa’s standing as a key player in the continent’s digital future.
Home
