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Corporate News

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

Farmcrowdy Limited, over the weekend, celebrated its four years anniversary with new products launch. In commemoration of its anniversary, the leading agrictech company launched two new products -Farmcrowdy Foods, and the Farmcrowdy Trader. While introducing the new products, Founder and CEO, Farmcrowdy, Onyeka Akumah said the company will focus on the...
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...
Emirates Airline would on Sunday, December 5, 2021, resume its flight operations to Nigeria. Unmaskng.com understands that direct flights between Dubai and Nigeria were restricted in March over issues relating to COVID-19 test requirements. A month before the restriction, Emirates had directed Nigerian travellers at the Lagos and Abuja airports...
The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located.    The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master Plan.  This is coming on the...
Nigerian Manufacturers has shown concern over alarming electricity tariff across different states in the country. In an address issued by the president, Manufacturers Association of Nigeria, MAN, Mansur Ahmed, said that the discrepancy between electricity tariffs had been observed to suit some part of the country.  He added that the difference in...
The Chief Executive Officer (CEO) of Aero Contractors, Captain Ado Sanusi, has reacted to merging its company with Arik air. Recall that the Asset Management Corporation of Nigeria (AMCON) had plans to merge both companies due to the alleged debt burden of the airlines caused by the Coronavirus pandemic. With...
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,...
The Nigerian government says it lifted the ban placed on the operation of microblogging site Twitter, because the company has made some concessions, and talks between both parties have been fruitful. A senior government official disclosed that the government decided to lift the suspension because Twitter has agreed to terms...
Chief Executive Officer, of the National Petroleum Authority (NPA) of Ghana, Mustapha Abdul-Hamid, said the coming onstream of 650,000 barrels-per-day (bpd) Dangote Petroleum Refinery will transform the Ghanaian downstream sector through the reduction in the cost of importation of petroleum products into Ghana. Speaking at the 16th Oil Trading and...
Airtel Nigeria, a telecommunication company is presently enmeshed in a fraud controversy, as one of its customer care representatives, Jeremiah Mustapha, was recently sentenced to a five years' imprisonment for facilitating a N2.2 million fraud. Unmask NG learnt that Mustapha conspired with one Nurudeen Salimu, a fraudster, to dupe one...