As coronavirus continues to ravage the Nigerian economy, beverage companies appear to be in a storm. This, according to industry observers, is because thousands of jobs are at risk.
Unmask NG understands that beverage companies in Nigeria are recording losses, an unexpected development that has crippled their operations.
Speaking on the...
The management of Dangote Industries Limited, DIL, has insisted that its acquisition of the Obajana Cement Plc in 2002 followed due process, contrary to claims by the Kogi State government.
The conglomerate asserted that Kogi State government has no equity interest in Obajana Cement Plc. It also stated that the company as...
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...
Total Nigeria, an oil multinational company in the country, has hurriedly retired Patrick Olinma as its Executive Director.
Unmask NG understands that Olinma, who was overseeing the commercial activities of Total Nigeria, was forced to retire from his position, as the Economic and Financial Crimes Commission (EFCC) probes him.
According to...
The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located.
The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master Plan.
This is coming on the...
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...
Chinese manufacturing and servicing company, Inner Galaxy Group has been called out for enslaving its Nigerian workers.
The dehumanisation was captured by a Twitter handle, @Truthfully83.
In what appeared to be an investigative exposure, Inner Galaxy Group's enslavement of its Nigerian workers was exposed in a series of post on Twitter.
Below...
To strengthen the coverage of the Nigerian economy, the International Centre for Investigative Reporting (ICIR), in partnership with Dangote Industries Limited, organised a two-day capacity building workshop to train journalists on investigative reporting.
The workshop, which took place in the South East geopolitical region recently exposed the journalists to the...
Jonathan Nnamdi Udemadu, the former Managing Director (MD) of Achina Microfinance Bank, has been sentenced to 11 months imprisonment after being convicted for committing multiple frauds.
After being found guilty of nine-count charges of abuse of office, forgery, issuance of dud cheque, and fraudulent conversion of depositors fund to the...
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,...