ArticleBy Alex C Etisalat, United Arab Emirates (UAE) mobile operator has invested an estimated $1 billion into its operations in Nigeria, Africa’s largest economy in the last five years. Amid the nation’s business environment, which has negative impact on revenues and profitability, these investments, according to the telecommunications company, has been ploughed into network upgrades, infrastructure roll outs, capacity building, among others. Mr. Matthew Wisher, acting chief executive officer, Etisalat Nigeria, said that the firm currently has over 19 million subscribers with keen aspirations of doubling the figure in no distant time. Wilsher, who made known at the launch…
Author: Pride Team
ArticleBy Alex C EKOcorp, formally known as Eko Hospital, revenue rose by 8 percent year-on-year to N1.21 billion from N1.12 billion in the prior year (FY12) for the year ended December 2013. Financial highlights of the hospital that has grown into a private teaching hospital, expanding from Ikeja to Surulere and beyond, reveal that Profit Before Tax (PBT) rose by 22 percent to N189.32 million compared with N155.02 million as of FY12. Its Profit After Tax (PAT) followed the same growth trajectory as it rose by 16.68 percent to N152.76 million in FY13 as against N130.74 million as of…
ArticleBy Alex C Mr. Godwin Emefiele, new governor of the Central Bank of Nigeria (CBN), said yesterday that his vision was to run a “people-centred” central bank that would spur employment generation and support real sector growth, as he signalled that policymakers might begin to cut down interest rates. Emefiele announced that his five-year regime would pursue a zero-tolerance policy on fraudulent borrowers as he hoped to push for the establishment of commercial courts that would see to quick adjudication on loan and related offences. Making this known at a world press conference yesterday in Abuja, Emefiele announced the…
ArticleBy Telema Davies It was just as anticipated at the AT&T Centre as San Antonio Spurs ran out victorious over the Miami Heat. Just as social media was abuzz with lightning and feverish expectations, so also did the game have a heated encounter. Tim Duncan and the rest of the Spurs gave LeBron James and his crew of most valuables something to ponder after Game 1. San Antonio Spurs pipped the Miami Heat 110-95 to give the NBA post-season finale an energetic spark. An air conditioning failure was in some respect, the Achilles’ heel of the Miami Heat –…
ArticleBy Yemisi Adegoke There’s a week left until the start of the biggest sporting tournament in the world. Before we get down to who will lift the trophy, let’s have a look at some of the best upcoming games. Group B: Spain VS The Netherlands – 8.00pm June 13th The must see game of this group is a repeat of the 2010 World Cup final, where the Dutch lost 1-0. Van Gaal’s men will seek to extract revenge and prove themselves as worthy challengers. Oranje, ranked 15th in the world, hold the unlucky record of playing the most World…
Article Movies Maleficient (starring Angelina Jolie):Disney took a wild risk with this remake of own animated 1959 feature ‘sleeping beauty’ with a debut director, but Disney has Angelina Jolie’s acting ingenuity and experience as a director…
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ArticleBy Olu Victor It will be battle royal next weekend, during the grand finale of the Etisalat-sponsored Nigerian Idol reality show, when the two finalists, Evelle and Eye-D will be slugging it out for the coveted prize of N7.5 million, an Android tablet phone, an ipod, an incredible recording deal with Universal Music Group, and a trendy new Hyundai SUV. Elvis Jay, had been evicted previously, making him the 2nd runner up, and winner of the N1m, an android tablet, a phone, and an ipod. Whoever is being defeated between the last two women standing also becomes an automatic winner of N1.5m,…
ArticleBy Winsome ‘Lyrical Healer’ Duncan of www.creditcrunchqueen.com Introduction I had the wonderful opportunity to sit down and be in the presence of a majestic woman named ‘Lola Owolabi’. Her magnetism derives from her heart to serve the community. Lola manages a full time career as a CEO of her company ‘Proud To Be Me’ and serves faithfully alongside her husband as a co-Pastor at ‘The Everlasting Arms Ministry’ in Old Kent Road, London. I met up with Lola to discuss how she balances being an entrepreneur with her busy lifestyle. Background Lola is a British born Nigerian, who at the…
ArticleBy Yemisi Adegoke (briticoyemo) There are only a few days until the most important tournament on the football calendar begins. We won’t know who lifts the trophy until July 10th but we will be treated to some amazingly good football in the meantime. Here are some of my picks for players to watch: Thibault Courtois (Belgium): Two time winner of the Ricardo Zamora Trophy, Courtois is fast becoming recognised as one of the best keepers in the world. Currently on loan from Chelsea, at Atletico Madrid, the 6ft 6 Belgian featured in all his country’s World Cup qualifiers. This…