Other News

Sterling Bank Q2 Net Profit Falls By 25%
Uncategorized

Sterling Bank Q2 Net Profit Falls By 25%

Sterling Bank PLC, a tier 2 bank offering commercial and retail banking said its net profit for the second quarter of the year fell by 25% to NGN4 billion versus NGN5,4 billion recorded last year. Net interest income increased by 31.9% toNGN25.6 billion (1H 2015: NGN19.4 billion) driven by a 22.0% […]

This Is What Uber Achieved In Two Years
Tech

This Is What Uber Achieved In Two Years

Uber, the ride-hailing app is exactly two years in Lagos and Nigeria as a whole. The company has released its key milestones within the first two years of its operations. It’s been 2 years since Uber hit the streets of Lagos, and it’s been an absolutely exhilarating ride. During this […]

Forte Oil H1 Revenue Grew By 38%
Big Business

Forte Oil H1 Revenue Grew By 38%

Forte Oil PLC has released its H1 2016 result showing the company’s topline revenue for the year grew by 38%. For the period of June 2016, gross revenue rose to NGN84 billion versus NGN61 billion recorded last year. Cost of sales increased to NGN72 billion from NGN52 billion spent last […]

The NSE Now Has A Recruitment Portal
Startups Uncategorized

The NSE Now Has A Recruitment Portal

The Nigerian Stock Exchange, NSE, now has a recruitment portal to ‘attract top talent’ and optimize its recruitment process. In a press statement issued by the Exchange, the portal is expected to enhance the Exchange’s recruitment capability, increase turnaround time and provide a consumer-friendly candidate experience, will handle all aspects […]

Mikel Obi As Olympic Team Captain
Sports

Mikel Obi As Olympic Team Captain

Mikel Obi has been announced as captain of the Nigerian Olympic team to the Rio 2016 Olympics, he will be assisted by female table tennis star Funke Oshonaike. This was confirmed in a statement by the Sports Ministry which explains the reasons behind their selection largely pegged to their experience and consistency […]

This Is How Alphabet Beat Q2 Estimates
Global

This Is How Alphabet Beat Q2 Estimates

Alphabet Inc., the parent company of Google today announced financial results for the quarter ended June 30, 2016, the company beat analysts estimates Headline revenue  increased from USD17,653 billion same quater last year USD21,315 billion this year. Google, its most profitable segment saw its revenue increasing from USD5,608 billion last […]