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Read the latest company news in Nigeria across all sectors, including insurance, oil, and investment.

No less than 120 managing directors, deputy managing directors and executive directors of deposit money banks, including those of Access Bank and United Bank for Africa (UBA), are likely to spend 10 years imprisonment due to their non-compliance to Bank Employees, ETC (Declaration of Assets) Act 1986. In what appeared...
Coca-Cola, a beverage brand, has been caught in the heat of market dynamics caused by a simple gesture from Cristiano Ronaldo, a Portuguese professional footballer who plays for Juventus. Ronaldo, on Monday, June 14, 2021, in a clip that has since gone viral on social media, swapped a bottle...
Glo has topped the list of telecommunication companies with the highest loss of subscribers in the period ended April 2021. As seen in new industry statistics released by the Nigerian Communications Commission (NCC), the telco owned by billionaire -Mike Adenuga, dropped from 52,918,718 subscribers in March to 50,598,855 in...
Nigerian Exchange Group (NGX) was launched  in Lagos on the 18th of May, to show its commitment to the African financial markets. The event which was titled “The Stock Africa Is Made Of” hosted some business moguls and captains of Industries, with the likes of Alhaji Aliko Dangote, GCON, Chairman, Dangote...
Mojisola Ogundiran, the founder of the United Network of Youth for Peace and Diplomacy (UNYPD), has revealed how her late father, who borrowed a sum of N40 million from Wema Bank as a customer of the financial institution, lost his property valued at N600 million. Ogundiran said out of the...
Coinbase, a digital currency exchange headquartered in San Francisco, California, United States, has provided the details of how it leveraged the purchase of $425 million bitcoin for MicroStrategy, an intelligence company. Providing the details of how the purchase was done, Brett Tejpaul, the head of institutional sales at Coinbase, revealed...
The credibility of the United Bank for Africa Plc (UBA), has been brought to a questionable stance, as one of its customers who bears the name Sensei the Odogwu, narrated his awful experience. In a series of tweets on Tuesday, February 2, 2021, the UBA victim explained how he got...
Shell Petroleum Development Company of Nigeria Limited, (SPDC), a subsidiary of Royal Dutch Shell, have been allegedly accused of being the brain behind oil spillages so as to gain from the money spent on clean-up operations and repair. According to a Dutch environmental group , Milleudefensie, it claimed that the...
As jumia records a significant loss of €28 million between July to September 2020, it recounts the losses on the nationwide #EndSars protest against police brutality in the country. For jumia, the recorded losses didn’t come as a surprise, as they are usually skeptical about insecurities in any economy and...
It appears that Seplat co-founder, Bryant (ABC) Orjiakor, has been caught up in debt controversy and the shutdown of Seplat headquarters by Access Bank. Recall that few days ago, Unmask NG reported that the financial institution secured the order to shut down the headquarters over  the debt owed by Cardinal Drilling, which is...