Monday, September 25, 2023
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Corporate News

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

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...
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...
Not less than four banks have assisted the Central Bank of Nigeria (CBN) in imposing restrictions on the bank accounts that belong to #EndSARS protesters across the country. The banks including Guaranty Trust Bank (GTBank), Zenith Bank, United Bank for Africa (UBA), First Bank, Access Bank, amongst others, were debited...
Nigerian Exchange Group (NGX) was launched  in Lagos on the 18th of May, to show its commitment to the African financial markets. The event which was titled “The Stock Africa Is Made Of” hosted some business moguls and captains of Industries, with the likes of Alhaji Aliko Dangote, GCON, Chairman, Dangote...
Agro-tech venture Farmnow, has addressed its investors on why some of them are experiencing delays in their Return On Investment (ROI). In a circular seen by Unmask NG, the startup explained that it is currently going through a tough time, saying no thanks to the raging COVID-19 pandemic that has...
Touch and Pay (TAP), a cowry card payment system, has now joined the W22 Y Combinator accelerator programme as the tech startup seeks to realise its core objective of widespread adoption of cashless transactions. The addition of Touch and Pay to the accelerator programme brings the number of tech...
For Tony Elumelu, the Chairman of UBA Group and Heirs Holdings, there is no better time to invest in Africa than now. As global economy is devastatingly hit by the lingering infectious disease, Elumelu advised investors to take advantage of the situation to invest in Nigeria, and other countries in...
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...
Information reaching Unmask NG has it that there is panic among shareholders, board, and management of Heritage Bank, as the House of Representatives threatened to authorise the Central Bank of Nigeria (CBN) for the takeover of the financial institution. The lower chamber of Nigeria's bicameral National Assembly made this threat...
The Nigerian Communications Commission (NCC), has qualified MTN Nigeria Plc, Airtel Networks Limited for its 5G auction, leaving out Glo. According to the telco regulatory agency, Glo was left out because it didn't meet its criteria for the licensing process for the 3.5 gigahertz spectrum which is required for 5G...