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Corporate News

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

Bank customers and Point of Sale (PoS) operators in Zamfara, Katsina, Sokoto, and Kaduna states, have expressed their sadness over the untold hardship imposed on them by the ongoing halt of services by MTN, and other telcos. Sources in the affected states confirmed to Unmask NG that the ban of...
Isidore Agritech Limited has announced the launch of Jinja Marketplace and Jinja Agent Apps, which are revolutionizing agriculture in Nigeria. By leveraging advanced technology, Jinja provides seamless platforms that connect buyers and sellers of agro commodities, extension services, and financing. The Jinja Agent and Marketplace apps offer convenient and efficient...
NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, as part of its social investment initiatives, during the week commissioned and handed over a borehole to one of its host communities, Alayabiagba  Community Ajegunle, in Ajeromi Ifelodun LGA, Lagos during the week in a move to help solve...
As jumia records a significant loss of €28 million between July to September 2020, it recounts the losses on the nationwide #EndSars protest against police brutality in the country. For jumia, the recorded losses didn’t come as a surprise, as they are usually skeptical about insecurities in any economy and...
Shell Petroleum Development Company of Nigeria Limited, (SPDC), a subsidiary of Royal Dutch Shell, have been allegedly accused of being the brain behind oil spillages so as to gain from the money spent on clean-up operations and repair. According to a Dutch environmental group , Milleudefensie, it claimed that the...
Saba Steel Nigeria Limited, one of Nigeria’s largest steel product manufacturers, may henceforth have a lot to deal with, as a Twitter user called out the company over a horrific accident that cost her brother’s life. Unmask NG learnt that the deceased passed away on Thursday, July 16, 2020. In a...
The management of Dangote Refinery has dismissed reports in some quarters that the firm set the petrol price at ₦600 per liter, labeling the claims as “speculative announcements” without any foundation. This was contained in a statement signed on Tuesday by the Group Chief Branding and Communications Officer of Dangote...
Lagos State government has begun the process of regulating Uber, Bolt, amongst other ride-hailing services through a sum of N25 million and N10 million license and renewal fees respectively. For months now, the government has been considering ways to regulate the industry. And with approval from Governor Babajide-Sanwo-Olu, the state...
Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government of Kogi State to stop further harassment of investors in Kogi State. They described as barbaric the use of thugs to embarrass investors, such as meted out on Dangote cement and...
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...