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Corporate News

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

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...
The Dangote Industries Limited weekend buoyed its catalogue of approval rating with the commendations from Emir of Kano, Aminu Ado Bayero, and the Kano state governor, Abdulahi Umar Ganduje, both of whom lauded the contributions of the pan-African conglomerate to the economic well-being of Nigeria. Emir Bayero, who visited the...
Popular digital marketplace, Jiji, is one of the leading platforms that is making eCommerce possible and a lot easier for tech-savvy Nigerians. Launched in 2014, the online shopping classified has arguably grown to become Nigeria’s largest marketplace where vendors can buy and sell anything online -new and used. I have heard...
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...
Emirates Airline would on Sunday, December 5, 2021, resume its flight operations to Nigeria. Unmaskng.com understands that direct flights between Dubai and Nigeria were restricted in March over issues relating to COVID-19 test requirements. A month before the restriction, Emirates had directed Nigerian travellers at the Lagos and Abuja airports...
On Monday, November 29, 2021, Jack Dorsey announced that he had resigned from his role as the Chief Executive Officer (CEO) of Twitter, and Parag Agrawal would take over from him. While noting that his decision to resign from Twitter wasn't an easy one, Dorsey said he was handling it...
Jack Dorsey, on Monday, November 29, 2021, in a mail addressed to the staff of Twitter, stated that his resignation as the Chief Executive Officer (CEO) of the micro-blogging site is a tough decision. Unmaskng.com understands that there were viral news reports that claimed Dorsey would step down from his...
The National President of Nigeria Society of Chemical Engineers (NSCh), Engr. Saidu A. Muhammed has revealed that Dangote Oil Refining Company will be the highest employer of chemical engineers in the country when the refinery comes on stream. Muhammed disclosed this during the NSCh’s visit/tour of the Dangote Refinery and...
Obi Cubana, a popular socialite, has explained that contrary to viral reports that a lady was electrocuted in his Abuja Hustle and Bustle, the deceased tripped and fell. Unmaskng.com had reported that a Twitter user, @KhalidOshoke, who took to his timeline and detailed the whole incident, saying the deceased whom...