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

Africa’s largest cement producer, Dangote Cement Plc has announced improvements in performance measurement indices for the nine months ended Thursday, September 30, 2021. This is as even the Group sales hit 22.2 million tonnes. Sales volume in Nigeria remained strong and accounted for 14.1 million tonnes despite heavy rains in...
President of Dangote Group, Aliko Dangote, has charged African leaders and citizens to be united in the promotion of the continent’s intrinsic greatness through improved trade relations amongst African countries. Speaking at the formal launch of the Pan-African Payment & Settlement System (PAPSS), which is a centralised payment and settlement...
Union Bank of Nigeria Plc has been ordered to pay a N5.5 million fine for damages. Justice Winifred Effiong of a High Court of Akwa Ibom, sitting in Uyo, the state capital, found Union Bank guilty of the breach of agreement allegation brought before it by some customers of the...
Jack Dorsey, on Monday, November 29, 2021, in a mail addressed to the staff of Twitter, stated that his resignation as the Chief Executive Officer (CEO) of the micro-blogging site is a tough decision. Unmaskng.com understands that there were viral news reports that claimed Dorsey would step down from his...
The Aliko Dangote Foundation Integrated Nutrition (ADFIN) Project has signed a Memorandum of Understanding, MoU with Kano State government to check the prevalence of malnutrition in the state. The event took place at ECA Unit of Abdullahi Wase hospital in Kano on Wednesday. Speaking before the official signing of the MoU,...
Chief Executive Officer, of the National Petroleum Authority (NPA) of Ghana, Mustapha Abdul-Hamid, said the coming onstream of 650,000 barrels-per-day (bpd) Dangote Petroleum Refinery will transform the Ghanaian downstream sector through the reduction in the cost of importation of petroleum products into Ghana. Speaking at the 16th Oil Trading and...
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...
Commercial banks and mobile network operators, TELCOS have commenced discussion on how the Unstructured Supplementary Service Data (USSD) accumulated debt will be paid. In response to the development, the Chairman, Association of Licensed Telecommunication Operators of Nigeria, Gbenga Adebayo, said, “Discussions are ongoing and we are hoping that this will...
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...
For Tony Elumelu, the Chairman of UBA Group and Heirs Holdings, there is no better time to invest in Africa than now. As global economy is devastatingly hit by the lingering infectious disease, Elumelu advised investors to take advantage of the situation to invest in Nigeria, and other countries in...