- Advertisement -

Corporate News

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

Nigeria’s candidate for the  World Trade Organisation's (WTO) Director-General (DG), Dr. Ngozi Okonjo-Iweala has expressed confidence, saying she's not scared of the ongoing competition with other countries' candidates. As the race for the WTO job enters the final month, Okonjo-Iweala claimed to be uncowed. The 66-year-old said the reforms she spearheaded as Nigerian...
The Operators of the Lagos Bus Rapid Transit, Primero Bus Limited has suspended all operations in Lagos state. The Transport Company took to its twitter page to give reasons why actions were suspended. It explained that its actions were due to disruption of peace at the Owode Elede and Mile-12...
Following Chevron Nigeria Limited's decision to cut down its workforce, oil unions, Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have vowed to take action against the oil multinationals. According to a statement signed by Williams Akporeha, NUPENG's...
First Bank has reacted to a report published on Unmask NG, alleging that billionaire Femi Otedola may soon be announced as the financial institution's chief, as he's secretly engaging himself in what seemed to be a hostile takeover. The report, which was culled from Newsrand, has it that Otedola was...
The supreme court has announced the reversal of its earlier verdict which struck out an appeal by Guaranty Trust Holding Company Plc (GTCO) formerly known as GTBank against the N2.4 billion judgment given in favour of Innoson Vehicles Manufacturing, an automobile company. The apex court said it erred and the...
For Philip Costa, the founder of Incorporated Trustees of Advocates of Solar Panels Association (ITASPA), a Non-governmental Organisation (NGO), the best form of utilising the N239 billion that was recently-allocated to the power sector in the 2023 budget, is in alternative energy. Speaking from his New York residence in the...
GTBank, the subsidiary of Guaranty Trust Holding Company (GTCO), may soon be sanctioned by the Central Bank of Nigeria (CBN). This is as the former’s customers continue to experience unauthorised deductions from their accounts. One of the affected customers, Oyeyemi Oluwatobi, a paint manufacturer and housing exterior decorator, whose account with...
ExxonMobil, an American multinational oil and gas corporation, has donated some vehicles to Akwa Ibom. Surprisingly, the vehicles which were donated for the state government to aid contact tracing of suspected COVID-19 patients, have been rejected. Disclosing why the vehicles were rejected, the state Information Commissioner, Charles Udoh, said the...
Dangote Group has advised African leaders to unanimously adopt the fixing of their infrastructure deficit, saying with this, intra-trade amongst them would be more efficient. Speaking on the sidelines of the ongoing Intra-African Trade Fair (IATF), Rabiu Umar, the Commercial Operations Officer, Dangote Group, said aside from the fixing of...
Chioma Yvonne Afe resumes as Director External Affairs and Sustainability at leading Independent Energy business Seplat Energy. She is an accomplished strategic Senior Communications Executive and Business Leader. With a demonstrated record of success in developing and implementing high-impact communication strategies that drive business growth, enhance brand reputation and...