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Pin to quick picksAirtel Africa Share News (AAF)

Share Price Information for Airtel Africa (AAF)

London Stock Exchange
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Share Price: 114.00
Bid: 113.40
Ask: 113.60
Change: 1.20 (1.06%)
Spread: 0.20 (0.176%)
Open: 114.70
High: 116.40
Low: 113.50
Prev. Close: 112.80
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Airtel Africa Notes New Rules On SIM Registrations In Nigeria

Wed, 16th Dec 2020 09:42

(Alliance News) - Telecommunications services provider Airtel Africa PLC on Wednesday noted the directive issued by the Nigerian Communications Commission on Tuesday on its new SIM registration rules.

Under the new rules, operators now require all their subscribers to provide a valid National Identification Number to update SIM registration records, and is to take place between Wednesday and December 30.

After the deadline, all SIMs without National Identification Numbers are to be blocked from the networks. Meanwhile, violations of the directive by the operator can lead to sanctions, including the possible withdrawal of the operating licence.

Airtel said its Nigerian business is working to comply with the directive.

Shares in Airtel Africa were up 3.6% at 76.28 pence on Wednesday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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