Friday, August 12, 2022
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Corporate News

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

Prudential Africa has signed a sponsorship agreement with the Confederation of African Football (CAF) to become the official insurance partner of the ongoing 33rd edition of the Africa Cup of Nations (AFCON) 2021. At a press conference to announce the sponsorship, Eric Mboma, Chief Representative Officer, Prudential Northern Africa Region...
As part of an effort to aid trades among African countries and strengthen the continent's economy, an all-encompassing and highly anticipated payment system anticipated, the Pan-African Payments and Settlement System (PAPSS) has been officially launched. The payment technology was launched in Accra, Ghana, on Thursday, January 13, in a virtual...
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...
The Centre for the Promotion of Private Enterprise (CPPE), an economic advocacy group, has identified Dangote Petroleum Refinery as one of the key expected drivers of growth that would impact positively on the downstream sector of the Nigerian economy in 2022. Likewise, Financial Derivatives Company Limited, a financial institution, in...
The Aliko Dangote Foundation (ADF) has commenced the implementation of its nutrition flagship program, tagged: Aliko Dangote Foundation Integrated Nutrition (ADFIN) program in Kano State. According to the ADF’s Director of Health and Nutrition, Dr. Francis Aminu, the program is in line with the plan to use the newly refurbished...
For Dairo Emmanuel, the founder of Red Circle Digital Agency, establishing a digital company as such was not surprising to many people. “I’ve always been the creative guy that addresses people’s marketing and branding needs. Nothing interests me more than creatively providing solutions to things, and with my portfolio,...
Titan Trust Bank Limited, which barely three years ago won the Central Bank of Nigeria’s (CBN) permit to run within Nigeria, acquired an 89.4 percent stake in Union Bank of Nigeria Plc. In a statement seen by Unmaskng.com, it was disclosed therein that Union Global Partners Limited, Atlas Mara Limited, and...
American multinational company, Google has disclosed that it has invested in SafeBoda, a tech firm that operates in Nigeria and Uganda. Announcing this development, Google said the money put to work to seal the deal was pulled out from its Africa Investment Fund. In a statement seen by Unmaskng.com, Google explained...
Remi Babalola, a formal chairman of FBN Holdings, has stated that corruption was why he resigned from his position in the company. In his resignation letter to FBN Holdings, Babalola noted that he could no longer persevere the corruption in the company. His resignation letter read: “I accepted the appointment as...
The Economic and Financial Crimes Commission (EFCC), has arrested First Bank Chairman Nnamdi Okonkwo, as it uncovered an additional $72.8 million linked to the embattled former Minister of Petroleum Resources, Diezani Alison-Madueke. According to a top official of the anti-graft agency, Okonkwo's arrest became pertinent, as the recently-uncovered $72.8 million...