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Corporate News

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

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...
Manufacturers of Dulux paint, and Caplux, Chemical And Allied Products (CAP) is planning to acquire UAC's Portland Paints. According to a statement made available to Unmask NG, CAP is set to take over Portland Paints’ assets, liabilities, and business undertakings, including its real and intellectual property rights. As seen in the...
Managing Directors (MDs) of Portland paints and Chemical and Allied Products (CAP), Bolarin Okunowo, and David Wright, have respectively reacted to a proposed acquisition deal. Recall that Chemical and Allied Products was set to take over Portland Paints’ assets, liabilities, and business undertakings including its real property and intellectual property...
Dangote Cement has launched a circular economy programme, called “DangCircular”. The new initiative aims to promote recycling and reuse of scarce resources in society to reduce landfilling and create wealth as a contribution to environmental sustainability. DangCircular was rolled out during this year’s Dangote Sustainability Week, targeting students of Nigerian higher institutions....
Dangote Industries Limited has emerged as Nigeria’s most valuable brand for the sixth consecutive year. This achievement was confirmed by the brand and marketing firm, TOP 50 BRANDS NIGERIA, as part of its comprehensive 2023 Top Brands perception assessment. Winning the award for a record 6th time confirms the foremost African indigenous Conglomerate’s unwavering dominance of...
There seems to be trouble for business owners in Apapa area of Lagos State, as presidential taskforce operatives deployed to the area to manage the traffic situation has been withdrawn. With the new development, the traffic management in the area, according to a report, has now been handed over to...
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...
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...
Wema Bank Plc’s resilience was on display as the digitally driven financial institution announced its financial results for the year ended December 31, 2021. The performance which capped a remarkable year showed strong growth in key financial indices especially as the bank crossed the ₦1trillion mark in total assets. In...
Dangote Industries Limited sustained efforts at providing basic infrastructure through various intervention projects have received the commendation of the Lagos Chamber of Commerce and Industry (LCCI). President of the LCCI, Dr. Micheal Olawale-Cole in his remarks yesterday at Dangote Group’s Special day at the ongoing Lagos International Trade Fair...