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...
Some customers are worried and have lost their confidence in Sterling Bank, after its former manager was convicted for stealing N219 million. Unmask NG learnt that customers of Ohha Microfinance Bank Limited in Enugu State kept the money in a fixed deposit account with Sterling Bank Plc, its corresponding bank,...
Sokoloan, a popular online lending platform in Nigeria, would soon face serious sanctions from the federal government, as many of their customers continued to report them over harassment. Unmask NG understands that Sokoloan, and many other online lending platforms in the country, are known for threatening and harassing their customers...
Dangote Cement has disclosed that it made N405.5 billion profit before tax for the nine months ended September 2021. The N405.5 billion represents an increment to the N271.96 billion Dangote Cement recorded in the corresponding period of 2020. Unmask NG understands that the cement company made this profit accomplishment in spite...
First Bank recently made news headlines, as billionaire Femi Otedola was confirmed as the financial institution's largest shareholder. Unmask NG had reported that Otedola, in a bid to become the bank's chief, acquired a large percentage of shares, such that his acquisition surpassed those of Oba Otudeko and Oye Hassan Odukale combined. This publication understands that...
Zenith Bank and GTB have been ordered to immediately grant Rise Vest Technologies Ltd, a fintech company, unfettered access to its accounts. An Abuja federal high court gave this order. as it faulted the Central Bank of Nigeria (CBN) for directing the banks to block Rise Vest from accessing its...
Financial experts and analysts have predicted what the future holds for First Bank and how its shares would fair in the coming days and weeks, and billionaire Femi Otedola emerges as the financial institution's largest shareholder. Unmask NG had reported how Otedola acquired a large percentage of shares that surpassed...
First Bank has finally confirmed that billionaire Femi Otedola is now its largest shareholder. This development came after the financial institution released a statement that said the report published on Unmask NG that has it that Otedola had become a major shareholder in the bank after securing the acquisition of...
First Bank has reacted to a report published on Unmask NG, alleging that billionaire Femi Otedola may soon be announced as the financial institution's chief, as he's secretly engaging himself in what seemed to be a hostile takeover. The report, which was culled from Newsrand, has it that Otedola was...