FBNH’s H1’16 results showed mixed performances across key line items. Amidst an overall weaker Q2 performance, Gross Earnings rose 49% q/q to ensure a flat H1 topline performance; 26% ahead of our estimate.
A team of UT Arlington researchers has created a new power generator that can produce electricity up to 25 percent more efficiently than existing technology, reduce emissions, and could alleviate power shortages in more remote areas of the globe.
Nigerian Stock Market retracts in the month of May 2016 to close in the red zone. The NSEASI records a marginal loss of -0.96% as against +2.99% gains recorded in the previous month of April 2016 while market ytd performance stands at -12.50%.