- Advertisement -

Corporate News

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

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...
As coronavirus continues to ravage the Nigerian economy, beverage companies appear to be in a storm. This, according to industry observers, is because thousands of jobs are at risk. Unmask NG understands that beverage companies in Nigeria are recording losses, an unexpected development that has crippled their operations. Speaking on the...
Coca-Cola, a beverage brand, has been caught in the heat of market dynamics caused by a simple gesture from Cristiano Ronaldo, a Portuguese professional footballer who plays for Juventus. Ronaldo, on Monday, June 14, 2021, in a clip that has since gone viral on social media, swapped a bottle...
Federal Capital Territory Administration (FCTA) has disclosed why L&N restaurant was shut down in Abuja. This follows a claim by the founder of the restaurant over the alleged closure of the restaurant. It all began when the founder of L&N restaurant, Layla Othman accused AMAC, of closing her restaurant while...
Nigerian airline, Arik Air has retrenched over 300 workers. While making the disclosure, the airline’s Public Relations and Communications Manager, Adebanji Ola, in a statement said the company took the decision to downsize its workers due to the COVID-19 pandemic which has caused the airline a major setback financially. The statement...
Seasoned economist Bismark Rewane has predicted that this year (2022), financial technology companies (fintech) would experience a fresh wave of growth and opportunities compared to the preceding years. The Chief Executive Officer (CEO) of Financial Derivatives, a research company that provides insight for investment purposes, made this prediction, as a...
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...
For the third quarter of 2022, the Management of Dangote Cement has recorded an increase in the overall volume of cement sales by 6.2 percent to 20.8metric tons. This was achieved despite the elevated inflation that is due to a very volatile global environment. To further increase the supply of...
Like many other concerned individual Nigerians and corporate organisations, BUA Cement Plc, through its chairman, Abdul Samad Rabiu, has provided support in the fight against COVID-19, the infectious disease plaguing the whole world. This is not in doubt. However, the company’s public disclosure that it has committed over N7 billion...
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...