Author: PageOne

GS Bank: Goldman Sachs For The Masses?
Big Business Tech

GS Bank: Goldman Sachs For The Masses?

Goldman Sachs is many things to the investment banking world. The big bank for the big billionaires. The bravest market maker, taking up humongous risks with financial engineering second to none. But Goldman Sachs fondly called GS, is not known to associate with the poor. GS is doing something opposite […]

Today Might Be A Bad Day For Apple
Big Business Tech

Today Might Be A Bad Day For Apple

Apple might lose its position as the most valuable company today. The company is expected to release its Q1 2016 earnings and analysts are seeing a dip in revenue for Apple. Apple has been faced with series of challenges and those bottlenecks might have hurt its balance sheet. First is […]

Atlas Mara Declares USD51.9 Million Gross Revenue
Big Business

Atlas Mara Declares USD51.9 Million Gross Revenue

Atlas Mara, the company that aiming to be sub-Saharan Africa’s premier financial institution has released its Q1 2016 result showing its revenue rose by 33%. In a well-prepared result, Atlas Mara’s headline revenue rose to USD51.9 million compared to USD44.3 million the company made in the same quarter last year. Its gross […]

How BHS Collapsed And Became A Hard Sale
Big Business

How BHS Collapsed And Became A Hard Sale

British Home Stores, BHS has become the most monumental retail failure after Woolworths in 2008. Officially chloroforming into administration, the 88-year old department store would be putting 11, 000 jobs and 164 retail chains across the UK on the line. BHS retail sales slipped 1.3% from February to March and by 0.1% […]

Dangote Cement’s Q1 2016 Net Profit Fell By 25%
Big Business

Dangote Cement’s Q1 2016 Net Profit Fell By 25%

Dangote Cement PLC [DANGCEM:NL], Africa’s largest cement conglomerate has just recorded a significant drop in its Q1 2016 net profit. According to its Q1 result made available to the Nigeria Stock Exchange, Dangote’s gross revenue grew by 22.8% within the quarter to NGN 140 billion compared to NGN 114 billion recorded […]