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Corporate News

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

The Nigerian government says it lifted the ban placed on the operation of microblogging site Twitter, because the company has made some concessions, and talks between both parties have been fruitful. A senior government official disclosed that the government decided to lift the suspension because Twitter has agreed to terms...
The Centre for the Promotion of Private Enterprise (CPPE), an economic advocacy group, has identified Dangote Petroleum Refinery as one of the key expected drivers of growth that would impact positively on the downstream sector of the Nigerian economy in 2022. Likewise, Financial Derivatives Company Limited, a financial institution, in...
The Aliko Dangote Foundation (ADF) has commenced the implementation of its nutrition flagship program, tagged: Aliko Dangote Foundation Integrated Nutrition (ADFIN) program in Kano State. According to the ADF’s Director of Health and Nutrition, Dr. Francis Aminu, the program is in line with the plan to use the newly refurbished...
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,...
Titan Trust Bank Limited, which barely three years ago won the Central Bank of Nigeria’s (CBN) permit to run within Nigeria, acquired an 89.4 percent stake in Union Bank of Nigeria Plc. In a statement seen by Unmaskng.com, it was disclosed therein that Union Global Partners Limited, Atlas Mara Limited, and...
American multinational company, Google has disclosed that it has invested in SafeBoda, a tech firm that operates in Nigeria and Uganda. Announcing this development, Google said the money put to work to seal the deal was pulled out from its Africa Investment Fund. In a statement seen by Unmaskng.com, Google explained...
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...