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

Nnamdi Okonkwo, the Chief Executive Officer (CEO) of Fidelity bank, has been arrested alongside other top officials of the bank over a N58.2 billion money-laundering scandal. Following their arrest by the Economic And Financial Crimes Commission (EFCC), Okonkwo and the other arrested officials have regained their freedoms, but the...
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...
A lady identified as Marline Oluchi has accused Access Bank of placing a Post-no-credit on her account. Oluchi who has been actively involved in the nationwide protest against police brutality by cooking for the #EndSARS protesters, said her account manager informed her that Access Bank acted on an order from...
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...
Like many other concerned individual Nigerians and corporate organisations, BUA Cement Plc, through its chairman, Abdul Samad Rabiu, has provided support in the fight against COVID-19, the infectious disease plaguing the whole world. This is not in doubt. However, the company’s public disclosure that it has committed over N7 billion...
Information reaching Unmask NG has it that there's an ongoing dispute between board members of Jaiz Bank. According to our sources, they are all at loggerheads over the re-appointment of Hassan Usman, as the financial institution's Managing Director (MD). Recently, Jaiz Bank moved to appoint Muhammad Shaheed Khan as a...
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...
Tragedy struck on Thursday, November 5, 2020, when fire razed a petroleum tank farm belonging to multinational energy company, Oando Plc. Unmask NG learnt that the incident happened at Ijora Badia area of Lagos. Confirming the incident, Olufemi Oke-Osanyintolu, the Director-General, Lagos State Emergency Management Agency (LASEMA), said emergency responders,...
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...
ExxonMobil, an American multinational oil and gas corporation, has donated some vehicles to Akwa Ibom. Surprisingly, the vehicles which were donated for the state government to aid contact tracing of suspected COVID-19 patients, have been rejected. Disclosing why the vehicles were rejected, the state Information Commissioner, Charles Udoh, said the...