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Corporate News

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

Sunday, November 14, 2021, was a sad day for the African richest man Aliko Dangote, who lost his brother Sani, to a protracted illness in the United States (US). In a statement seen by Unmask NG on Monday, November 15, Dangote Industries, the conglomerate Sani served as a Vice President...
Air Peace CEO Allen Onyema discusses why its customers experience flights cancellation. For Allen Onyema, the Chief Executive Officer (CEO) of Air Peace, cancellation of flights is what its customers face due to unforeseen circumstances. In an interview with This Day, where he explained why that happens sometimes, Onyema said Air...
President Muhammadu Buhari has invited French investors to come and put their money to work in Nigeria, as he assured them of a safe business environment. During his keynote address in Paris, France, during the one-day Nigeria International Partnership Forum, Buhari, in spite of the alarming inflation rate and foreign...
Payment platform Flutterwave has concluded the acquisition of Disha, a content creator platform. Unmask NG understands that with this development, Flutterwave made its first public acquisition since it commenced operations five years ago. While the acquisition will bolster Disha's payments checkout process, Flutterwave will help the content creator platform to reposition...
Guarantee Trust Company (GTCO) is currently enmeshed in a N1 billion defamation suit over an alleged libellous publication against Corporate Forwarders Limited. Solicitors to Corporate Forwarders, in a letter addressed to GTCO, demanded a retraction, an apology and a compensation for the injurious libellious falsehood' against its client. According to the...
The Lagos State High Court, presided over by Justice L.A. Okunnu has discharged Mr. Thomas Etuh of complicity in the money laundering charges preferred against Messrs. Francis Atuche and Ugo Anyanwu. The discharge order, which was made on September 21, 2021, followed an application by Etuh and others who were...
Banking Expert Kalu Aja, on Monday, November 8, 2021, counselled couples on how they can manage their investments and other resources they have. In a series of tweets seen by Unmask NG, Aja, who's a highly revered financial and investments expert, cited a scenario where a woman who had just...
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...
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...
Fidelity Bank, and other Nigerian financial institutions, would stop accepting old £20, and £50 notes. In a message addressed to its customers, Fidelity Bank stated that they all have up to Friday, December 31, 2021, to transact with their old £20, and £50 notes, as they would no longer be...