The World Bank has projected that Nigeria's inflation would increase in 2022, such that it may become the highest in the world. Should inflation increase as projected by World Bank, Nigerians would pay more for foods and other commodities this year. With increasing food prices and that of other commodities diminishing...
Music executive Esther Adekeye otherwise known as Cute Kimani has addressed the most-recent controversial debate by Shatta Wale, in which he claimed that Nigerian artistes don't support their Ghanaian counterparts. Shatta Wale, had in a series of posts on his social media pages, accused Nigerian artistes of being selfish, saying...
President Muhammadu Buhari has told manufacturers in the country that his administration will address their main challenge, which is insufficient forex. Unmaskng.com understands that the manufacturers need accessibility to forex for the procurement of raw materials and agro-allied equipment that are not available locally. Addressing Mansur Ahmed-led executives of the Manufacturer Association of Nigeria (MAN),...
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...
Popular singer David Adeleke otherwise known as Davido, has revealed that while he was in secondary school, his French teacher once told him that he would never make it in life. In the course of a chat on Tea With Tay, Davido said the teacher made the statement because he...
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...
President Muhammadu Buhari will next year (2022) impose new taxes and increased tariffs on Nigerians. This is according to Zainab Ahmed, the Minister of Finance. Speaking with stakeholders on the sidelines of the 2021 Finance Bill in Abuja, Ahmed hinted that the Buhari-led government is considering modest increases in taxes...
Dangote Cement Plc, Ibese, has embarked on a road safety awareness campaign as well as provision of road safety kits to motorists and commercial motorcyclists to help ensure accident-free road transportation. Also, the Company, as part of its efforts at ensuring accident-free trucking disclosed that it has partnered with the...
Nollywood actress Halima Abubakar has identified those responsible for the destroying of the filmmaking industry, saying they are bullies. Reacting to the death of Sylvester Oromoni, a student of Dowen College in Lagos, who was bullied by his schoolmates, Abubakar said bullies are everywhere, including Nollywood, adding that they are...