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

Sunday, November 14, 2021, was a sad day for the African richest man Aliko Dangote, who lost his brother Sani, to a protracted illness in the United States (US). In a statement seen by Unmask NG on Monday, November 15, Dangote Industries, the conglomerate Sani served as a Vice President...
African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that the success of Dangote Refinery project could incentivise the rise of similar projects...
Jonathan Nnamdi Udemadu, the former Managing Director (MD) of Achina Microfinance Bank, has been sentenced to 11 months imprisonment after being convicted for committing multiple frauds. After being found guilty of nine-count charges of abuse of office, forgery, issuance of dud cheque, and fraudulent conversion of depositors fund to the...
Adam kaka Adam, the former Branch Service Manager in charge of Vault Room and Automated Teller Machine (ATM) in Unity Bank Plc, has been sentenced to one-year imprisonment after being convicted for committing fraud. After being found guilty of one count of theft to the tune of N11,657,500.00, Justice Ibrahim Jauro...
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 Economic and Financial Crimes Commission (EFCC), has arrested First Bank Chairman Nnamdi Okonkwo, as it uncovered an additional $72.8 million linked to the embattled former Minister of Petroleum Resources, Diezani Alison-Madueke. According to a top official of the anti-graft agency, Okonkwo's arrest became pertinent, as the recently-uncovered $72.8 million...
No fewer than seven staff of Dangote Cement, Obajana in Kogi state were shot and several others injured as over 500 armed members of the state’s security outfit, the Vigilantes, stormed the cement factory in the early hours of today (Wednesday) at the instance of the state governor, Yahaya...
Harzoyka, an Indian restaurant located in the Ikeja area of Lagos, has been accused of discrimination against its female customers. According to Aisha Salaudeen, a CNN reporter who took to her Twitter page, to call out the restaurant over discrimination, Harzoyka would only allow ladies to come to feast only with...
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...
Some customers are worried and have lost their confidence in Sterling Bank, after its former manager was convicted for stealing N219 million. Unmask NG learnt that customers of Ohha Microfinance Bank Limited in Enugu State kept the money in a fixed deposit account with Sterling Bank Plc, its corresponding bank,...