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Corporate News

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

The management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the way for the employment of over 30,000 youths. President of Dangote Group, Aliko Dangote explained recently in a chat with newsmen that it was embarking...
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...
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...
Some staff members of Access Bank Plc, have taken to the streets to protest the non-payment of their salaries and other entitlements the financial institution is owing to them. Lamenting the ill-treatment the bank melted on him alongside others, a social media user identified on Twitter as @Tobi_gogori, shared series...
First Bank recently made news headlines, as billionaire Femi Otedola was confirmed as the financial institution's largest shareholder. Unmask NG had reported that Otedola, in a bid to become the bank's chief, acquired a large percentage of shares, such that his acquisition surpassed those of Oba Otudeko and Oye Hassan Odukale combined. This publication understands that...
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,...
The reported fire outbreak at the Kogi State House of Assembly on Monday may have exposed the internal wrangling occasioned by deep-seated animosity between members of the Kogi Assembly and its leadership. Feelers are that majority of members of the House are said to be opposed to the various methods...
President of Dangote Group, Aliko Dangote, has asserted that products refined at the Dangote Petroleum Refinery & Petrochemicals, the world's largest single train refinery, are of superior quality compared to imported equivalents and meet international standards. He expressed his confidence, after the House leadership insisted on testing other diesel...
Ecobank Transitional Incorporated (ETI), and its Nigerian subsidiary, Ecobank Nigeria Ltd, may be sued for $100 billion or its naira equivalent. Those who are pressing for petitioning of the financial institutions are outsourced drivers, who were drawn from Integrated Corporate Service Limited (ICSL), FOSAD, Harvard Se- curity, KS Sharon, and...
Managing Directors (MDs) of Portland paints and Chemical and Allied Products (CAP), Bolarin Okunowo, and David Wright, have respectively reacted to a proposed acquisition deal. Recall that Chemical and Allied Products was set to take over Portland Paints’ assets, liabilities, and business undertakings including its real property and intellectual property...