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

Ecobank Nigeria Limited has warned Flour Mills of Nigeria Plc, against the proposed acquisition of equity stake in Honeywell Flour Mills Plc. According to the financial institution, purchasing an equity stake in Honeywell Flour Mills Plc is too risky considering the fact that Honeywell Group Limited, the parent firm, had...
Trouble for GTBank as one of its customers, Funke Adeoye narrated how the financial institution fraudulently transferred N200,000 from her bank account into another account, belonging to Bet9ja, a betting company. Surprisingly to members of the public, Adeoye isn't the only one calling out GTBank for fraud-related matters, particularly transferring...
Federal Capital Territory Administration (FCTA) has disclosed why L&N restaurant was shut down in Abuja. This follows a claim by the founder of the restaurant over the alleged closure of the restaurant. It all began when the founder of L&N restaurant, Layla Othman accused AMAC, of closing her restaurant while...
Financial experts and analysts have predicted what the future holds for First Bank and how its shares would fair in the coming days and weeks, and billionaire Femi Otedola emerges as the financial institution's largest shareholder. Unmask NG had reported how Otedola acquired a large percentage of shares that surpassed...
American multinational company, Google has disclosed that it has invested in SafeBoda, a tech firm that operates in Nigeria and Uganda. Announcing this development, Google said the money put to work to seal the deal was pulled out from its Africa Investment Fund. In a statement seen by Unmaskng.com, Google explained...
There seems to be trouble for business owners in Apapa area of Lagos State, as presidential taskforce operatives deployed to the area to manage the traffic situation has been withdrawn. With the new development, the traffic management in the area, according to a report, has now been handed over to...
Nigeria’s leading integrated food business and Agro-allied group, Flour mills Nigeria (FMN) Plc has appointment Omoboyede Olusanya as its new Managing Director and Chief Executive Officer. With this disclosure, Olusanya succeeds Mr. Paul Gbededo , who retires after 38 years of meritorious service to the company. Olusanya’s appointment which will take...
Guarantee Trust Company (GTCO) is currently enmeshed in a N1 billion defamation suit over an alleged libellous publication against Corporate Forwarders Limited. Solicitors to Corporate Forwarders, in a letter addressed to GTCO, demanded a retraction, an apology and a compensation for the injurious libellious falsehood' against its client. According to the...
The Nigerian National Petroleum Company (NNPC) would soon embark on restructuring to enable it to become more commercially viable. Disclosing this with the staff of the Nigerian state-owned company, the Group Managing Director/Chief Executive Officer of the organisation, Malam Mele Kyari said the strategic move would see the corporation letting...
Saba Steel Nigeria Limited, one of Nigeria’s largest steel product manufacturers, may henceforth have a lot to deal with, as a Twitter user called out the company over a horrific accident that cost her brother’s life. Unmask NG learnt that the deceased passed away on Thursday, July 16, 2020. In a...