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

Information reaching Unmask NG has it that there is panic among shareholders, board, and management of Heritage Bank, as the House of Representatives threatened to authorise the Central Bank of Nigeria (CBN) for the takeover of the financial institution. The lower chamber of Nigeria's bicameral National Assembly made this threat...
Total Nigeria, an oil multinational company in the country, has hurriedly retired Patrick Olinma as its Executive Director. Unmask NG understands that Olinma, who was overseeing the commercial activities of Total Nigeria, was forced to retire from his position, as the Economic and Financial Crimes Commission (EFCC) probes him. According to...
The Central Bank of Nigeria (CBN) has floated Tertiary Institutions Entrepreneurship Scheme (TIES), a new grant scheme in order to tackle the country's alarming unemployment rate. Unlike several other existing grants in the country, the TIES is a N500 million grant that would be accessible for students across tertiary institutions....
In recent times, there has been a surge in the number of fraudulent cases that have swindled thousands of people in billions of naira. Especially in the corporate sector. Con artists are now leveraging the vulnerability of the media, celebrities, and social media influencers, to lure unsuspecting members of...
Information reaching Unmask NG, has it that the operations of Fidelity Bank in Kaduna, have been halted, as the state government ordered the closure of the lender's branches. During a media parley attended by journalists in the state, Kaduna's Legal Adviser and Board Secretary of the state's tax administrator, Aisha...
Jiji, one of the leading classified marketplace in Africa, now controls Cars45, a leading automotive trading platform in Nigeria, after concluding its acquisition in an undisclosed deal. Explaining why the acquisition was pertinent to Jiji, the company's co-founder, Vladimir Mnogoletniy said it’s looking for opportunities outside of the classifieds business. “In...
The blockchain industry has again faced another obstacle, as Financial Conduct Authority (FCA), United Kingdom's (UK) financial regulator, banned Binance. With the new development, Binance, which is one of the world's largest cryptocurrency exchanges, can no longer conduct any regulated activity in the country. In a notice seen by Unmask NG, the...
On Thursday, June 24, 2021, the House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation, quizzed Innocent Ike, the Acting Managing Director,...
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...