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Corporate News

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

Some customers are worried and have lost their confidence in Sterling Bank, after its former manager was convicted for stealing N219 million. Unmask NG learnt that customers of Ohha Microfinance Bank Limited in Enugu State kept the money in a fixed deposit account with Sterling Bank Plc, its corresponding bank,...
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...
Chief Executive Officer, of the National Petroleum Authority (NPA) of Ghana, Mustapha Abdul-Hamid, said the coming onstream of 650,000 barrels-per-day (bpd) Dangote Petroleum Refinery will transform the Ghanaian downstream sector through the reduction in the cost of importation of petroleum products into Ghana. Speaking at the 16th Oil Trading and...
Airtel Nigeria, a telecommunication company is presently enmeshed in a fraud controversy, as one of its customer care representatives, Jeremiah Mustapha, was recently sentenced to a five years' imprisonment for facilitating a N2.2 million fraud. Unmask NG learnt that Mustapha conspired with one Nurudeen Salimu, a fraudster, to dupe one...
Wema Bank Plc’s resilience was on display as the digitally driven financial institution announced its financial results for the year ended December 31, 2021. The performance which capped a remarkable year showed strong growth in key financial indices especially as the bank crossed the ₦1trillion mark in total assets. In...
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...
Agro-tech venture Farmnow, has addressed its investors on why some of them are experiencing delays in their Return On Investment (ROI). In a circular seen by Unmask NG, the startup explained that it is currently going through a tough time, saying no thanks to the raging COVID-19 pandemic that has...
Touch and Pay (TAP), a cowry card payment system, has now joined the W22 Y Combinator accelerator programme as the tech startup seeks to realise its core objective of widespread adoption of cashless transactions. The addition of Touch and Pay to the accelerator programme brings the number of tech...
No fewer than 30 youths from communities around Ibese in Ogun State have graduated from a training programme put together by Dangote Cement Plc, Ibese Plant as a way of transforming society and providing employment opportunities for the youths. The empowerment programme which afforded the youths the opportunity to be...
Trouble for GTBank as one of its customers, Funke Adeoye narrated how the financial institution fraudulently transferred N200,000 from her bank account into another account, belonging to Bet9ja, a betting company. Surprisingly to members of the public, Adeoye isn't the only one calling out GTBank for fraud-related matters, particularly transferring...