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

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...
Agro-tech venture Farmnow, has addressed its investors on why some of them are experiencing delays in their Return On Investment (ROI). In a circular seen by Unmask NG, the startup explained that it is currently going through a tough time, saying no thanks to the raging COVID-19 pandemic that has...
Shell Nigeria has explained that its Bonga Oil Field project suffered a setback due to operational glitches. Sources in the oil and gas firm, who made this disclosure, said the oil field has suffered setbacks, such that the completion of its expansion has been postponed by two years. What you should...
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,...
Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as tax for 3 consecutive years. A total of N97.24 billion was paid by Dangote Cement in 2020, N173.93 billion in 2021 and N141.69 billion in...
Seasoned economist Bismark Rewane has predicted that this year (2022), financial technology companies (fintech) would experience a fresh wave of growth and opportunities compared to the preceding years. The Chief Executive Officer (CEO) of Financial Derivatives, a research company that provides insight for investment purposes, made this prediction, as a...
Members of the Democratic Youth Assembly of Nigeria (DYAN) have visited the Vice-President, Oil and Gas, Dangote Industries Limited (DIL), Mr. Devakumar Edwin, in his office at the corporate Headquarters of the Pan-African Conglomerate in Lagos State. During the meeting, the DYAN members presented Edwin with an award of “Icon...
Popular digital marketplace, Jiji, is one of the leading platforms that is making eCommerce possible and a lot easier for tech-savvy Nigerians. Launched in 2014, the online shopping classified has arguably grown to become Nigeria’s largest marketplace where vendors can buy and sell anything online -new and used. I have heard...
President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master plan (NSMP).   Speaking at the Flag off Ceremony of the 2022/2023 Crushing...
Nigerian Exchange Group (NGX) was launched  in Lagos on the 18th of May, to show its commitment to the African financial markets. The event which was titled “The Stock Africa Is Made Of” hosted some business moguls and captains of Industries, with the likes of Alhaji Aliko Dangote, GCON, Chairman, Dangote...