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Corporate News

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

The Dangote Group has been described as a significant premium player as over 300 corporate exhibitors are participating in the 17th Abuja International Trade Fair (AITF) that is expected to be declared open by President Muhammadu Buhari on Friday. Speaking to newsmen, the Director-General of the Abuja Chamber of Commerce...
No fewer than seven staff of Dangote Cement, Obajana in Kogi state were shot and several others injured as over 500 armed members of the state’s security outfit, the Vigilantes, stormed the cement factory in the early hours of today (Wednesday) at the instance of the state governor, Yahaya...
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....
Nigerian Stock Exchange Price List: The latest Nigerian stock market today brought news of the exchange closing at 5,984 deals on Monday, October 5, 2020; higher than the 4,553 deals it closed with on Friday, October 2, 2020, while the volume reached 603.9 million units at the close of...
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...
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...
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 management of Dangote Industries Limited, DIL, has insisted that its acquisition of the Obajana Cement Plc in 2002 followed due process, contrary to claims by the Kogi State government. The conglomerate asserted that Kogi State government has no equity interest in Obajana Cement Plc. It also stated that the company as...
African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that the success of Dangote Refinery project could incentivise the rise of similar projects...
In recent times, there has been a surge in the number of fraudulent cases that have swindled thousands of people in billions of naira. Especially in the corporate sector. Con artists are now leveraging the vulnerability of the media, celebrities, and social media influencers, to lure unsuspecting members of...