Oil multinational, Chevron Nigeria Limited has announced the appointment of Richard Kennedy as its new Chairman and Managing Director.
With this disclosure, Kennedy succeeds Jeffrey Ewing, who recently moved into a new role outside Nigeria in Chevron’s Middle East, Africa and South America Region.
Kennedy’s appointment which had already taken effect...
The supreme court has announced the reversal of its earlier verdict which struck out an appeal by Guaranty Trust Holding Company Plc (GTCO) formerly known as GTBank against the N2.4 billion judgment given in favour of Innoson Vehicles Manufacturing, an automobile company.
The apex court said it erred and the...
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...
Dangote Cement has disclosed that it made N405.5 billion profit before tax for the nine months ended September 2021.
The N405.5 billion represents an increment to the N271.96 billion Dangote Cement recorded in the corresponding period of 2020.
Unmask NG understands that the cement company made this profit accomplishment in spite...
Dangote Industries Limited (DIL), has emerged as the Most Valuable Brand in Nigeria for a record 5th year in a row at the outcome of the 2022 corporate brand evaluation, conducted by the leading brand and marketing research firm, TOP 50 BRANDS NIGERIA.
Dangote emerged top with an aggregate score of...
Coinbase, a digital currency exchange headquartered in San Francisco, California, United States, has provided the details of how it leveraged the purchase of $425 million bitcoin for MicroStrategy, an intelligence company.
Providing the details of how the purchase was done, Brett Tejpaul, the head of institutional sales at Coinbase, revealed...
Parallex Bank, a newly-established financial institution, has transited into a Deposit Money Bank (DMB) barely three days after its launch.
Addressing stakeholders at the bank's corporate head office in the Victoria Island area of Lagos, Parallex Bank's Chief, Adeola Philips disclosed that the financial institution has secured the Central Bank...
In a blaze of honour, the Pan-African conglomerate, Dangote Industries Limited (DIL) and its Africa’s leading cement manufacturer subsidiary, Dangote Cement Plc were adjudged the Largest Corporate Bond lodgment on FMDQ in gold category and the 2022 Most Trusted Brand of the Year respectively.
On the back of the Largest...
The support of Nigeria's leading digitally-driven financial institution, Wema Bank, for Small and Medium Enterprises (SMEs) has been recognised in the 2021 KPMG Nigeria Banking Industry Customer Experience Survey.
The report classifies Wema Bank as number three in SME Banking, this is three places higher than the bank’s 2020 classification.
Wema...
President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master plan (NSMP).
Speaking at the Flag off Ceremony of the 2022/2023 Crushing...