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Corporate News

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...
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 National President of Nigeria Society of Chemical Engineers (NSCh), Engr. Saidu A. Muhammed has revealed that Dangote Oil Refining Company will be the highest employer of chemical engineers in the country when the refinery comes on stream. Muhammed disclosed this during the NSCh’s visit/tour of the Dangote Refinery and...
Obi Cubana, a popular socialite, has explained that contrary to viral reports that a lady was electrocuted in his Abuja Hustle and Bustle, the deceased tripped and fell. Unmaskng.com had reported that a Twitter user, @KhalidOshoke, who took to his timeline and detailed the whole incident, saying the deceased whom...
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...
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...
Dangote Group has advised African leaders to unanimously adopt the fixing of their infrastructure deficit, saying with this, intra-trade amongst them would be more efficient. Speaking on the sidelines of the ongoing Intra-African Trade Fair (IATF), Rabiu Umar, the Commercial Operations Officer, Dangote Group, said aside from the fixing of...
The chairman of Innoson Group, an automobile company, Innocent Chukwuma has expressed confidence that sooner than expected, GTBank (now known as GTCO) would belong to him. Speaking with journalists, Chukwuma said GTBank is owing to him N32 billion, adding that the money would soon surpass the financial institution's capacity to...
The Central Bank of Nigeria (CBN), has maintained silence as Wema Bank on Wednesday, November 17, 2021, flouted the Twitter ban. It all started when singer Davido appealed to his fans, and friends to donate N1 million each to him in celebration of his fast-approaching birthday. Shortly after making the post...
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...