Ecobank Nigeria Limited has warned Flour Mills of Nigeria Plc, against the proposed acquisition of equity stake in Honeywell Flour Mills Plc. According to the financial institution, purchasing an equity stake in Honeywell Flour Mills Plc is too risky considering the fact that Honeywell Group Limited, the parent firm, had...
For MD/CEO, Abx World Limited, Captain John Okakpu, the African Free Trade Area (AfCFTA) has the potential to lift millions of people out of poverty and end food insecurity on the Continent, including Nigeria. According to him, in spite of the enormous advantages African countries can leverage, Nigeria has not...
Nigerians may soon start to pay more for the purchase of petrol. This is according to marketers of the commodity. In the latest development on the possible increment of petrol, oil marketers under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of...
The Federal Government (FG) would by next month (December 2021) increase electricity tariff. This development came as the price of cooking gas continues to soar. In a notice addressed to members of the public and power industry stakeholders, the Nigerian Electricity Regulatory Commission (NERC) expressed its intention to commence two...
Sani Dangote, the late Vice President of Dangote Group, and brother of the African richest man Aliko Dangote has on Wednesday, November 17, 2021, been laid to rest. Unmaskng.com had reported that Sani died on Sunday, November 14, in a Miami hospital in the United States after a protracted illness. However,...
Governor Godwin Emefiele of the Central Bank of Nigeria (CBN), has clarified that the ban on cryptocurrency in the country has nothing to do with #EndSARS, the nationwide against brutality by the citizenry. Unmask NG understands that last year (2020), the Nigerian citizenry took to different parts of the country...
Sunday, November 14, 2021, was a sad day for the African richest man Aliko Dangote, who lost his brother Sani, to a protracted illness in the United States (US). In a statement seen by Unmask NG on Monday, November 15, Dangote Industries, the conglomerate Sani served as a Vice President...
Air Peace CEO Allen Onyema discusses why its customers experience flights cancellation. For Allen Onyema, the Chief Executive Officer (CEO) of Air Peace, cancellation of flights is what its customers face due to unforeseen circumstances. In an interview with This Day, where he explained why that happens sometimes, Onyema said Air...
VAT in Nigeria has been making news headlines in recent times. Unmask NG would recall that a Federal High Court sitting in Port Harcourt, on Monday, August 9, 2021, declared that the Rivers government and not the Federal Inland Revenue Service (FIRS) should collect VAT in the state. The ruling became pertinent as...
President Muhammadu Buhari has invited French investors to come and put their money to work in Nigeria, as he assured them of a safe business environment. During his keynote address in Paris, France, during the one-day Nigeria International Partnership Forum, Buhari, in spite of the alarming inflation rate and foreign...