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

On Monday, November 29, 2021, Jack Dorsey announced that he had resigned from his role as the Chief Executive Officer (CEO) of Twitter, and Parag Agrawal would take over from him. While noting that his decision to resign from Twitter wasn't an easy one, Dorsey said he was handling it...
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...
Flour Mills of Nigeria Plc (FMN) and Honeywell Group Limited (HGL) would soon finalise their plan to merge, as they signed an agreement for the proposed combination of FMN through its affiliates. The merger would see the establishment of Honeywell Flour Mills Plc (HFMP), a portfolio company of HGL, at...
Prudential Africa has signed a sponsorship agreement with the Confederation of African Football (CAF) to become the official insurance partner of the ongoing 33rd edition of the Africa Cup of Nations (AFCON) 2021. At a press conference to announce the sponsorship, Eric Mboma, Chief Representative Officer, Prudential Northern Africa Region...
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...
Touch and Pay (TAP), a cowry card payment system, has now joined the W22 Y Combinator accelerator programme as the tech startup seeks to realise its core objective of widespread adoption of cashless transactions. The addition of Touch and Pay to the accelerator programme brings the number of tech...
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...
Super Eagles Legend, Austin Jay-Jay Okocha, and his wife, Nkechi have been accused of defrauding their business partners. It all started when an investor, Friday Kujah, floated a company in the name of the legendary footballer, Jay-Jay Okocha Bureau De Change Limited. According to reliable information at our disposal, Kujah decided...
Nigeria's telco giants MTN and Airtel have secured the nod from the Central Bank of Nigeria (CBN) to become financial technology (FinTech) firms. Confirming this development in separate statements seen by Unmask NG, MTN and Airtel disclosed that with CBN's Approval in Principle, they can now operate payment services in...
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...