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Corporate News

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

Information reaching Unmask NG has it that there’s an ongoing dispute between Access Bank and Seplat Petroleum Development Company. According to our sources, they are at loggerheads over debt. The financial institution, in a statement seen by Unmask NG, stated that the ongoing dispute was as a result of the debt owed by...
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...
On Thursday, June 24, 2021, the House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation, quizzed Innocent Ike, the Acting Managing Director,...
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...
As the private sector-led Coalition Against Covid-19 (CACOVID) winds down, President Muhammadu Buhari has commended the initiative of private sector operators, saying the contributions he has received from the Coalition so far has elevated his status among other Presidents of the world. The President, who spoke in Abuja yesterday while...
The Zambian Minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the President, Dangote Group, Aliko Dangote in the development of his country’s fertiliser industry.  Mulenga, who led a delegation from Zambia on tour of the 3.00 million metric tonnes Dangote Fertiliser plant at the weekend,...
Banking Expert Kalu Aja, on Monday, November 8, 2021, counselled couples on how they can manage their investments and other resources they have. In a series of tweets seen by Unmask NG, Aja, who's a highly revered financial and investments expert, cited a scenario where a woman who had just...
Farmcrowdy Limited, over the weekend, celebrated its four years anniversary with new products launch. In commemoration of its anniversary, the leading agrictech company launched two new products -Farmcrowdy Foods, and the Farmcrowdy Trader. While introducing the new products, Founder and CEO, Farmcrowdy, Onyeka Akumah said the company will focus on the...
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...
Access Bank has been accused of abuse of power after placing a restriction on the account of a company, Gatefield Nigeria Limited, for supporting the EndSARS protest in Nigeria. The restriction on the account comes amidst accusations that the government through the Central Bank of Nigeria (CBN) is cracking down...