x

Dangote Industries Halts Steel Investment to Avoid Monopoly Allegations

By Milcah Tanimu

Aliko Dangote, chairman of Dangote Industries Limited, announced that the company will no longer proceed with its planned investment in Nigeria’s steel industry. Speaking at his Lagos refinery, Dangote cited concerns over potential accusations of monopolistic behavior as the reason behind the decision. He emphasized the company’s commitment to fair competition and encouraged other Nigerian investors to contribute to the sector’s growth for the benefit of the national economy.

Hot this week

Kogi Govt to Enforce Ban on Trailer Parks Over Security Concerns

By Noah Ocheni, LokojaThe Kogi State Government has announced...

EFCC Arraigns Company Accountant for Alleged N200m Theft in Lagos

Francis Wilfred‎The Lagos Zonal Directorate 2 of the...

Ododo Declares War on Bandits, Vows to End Insecurity in Yagba

**By Noah Ocheni, Lokoja**Kogi State Governor, Alhaji Ahmed Usman...

Gov Mutfwang’s Re-Election, Most Noble Ambition for Plateau – Commissioner

By Israel Adamu, JosThe Commissioner for Local Government and...

IHR Commends President Tinubu for Hajj Fare Reduction, Seeks ₦1,000/$1 Concessionary Exchange Rate

By Jabiru HassanIndependent Hajj Reporters (IHR) has commended President...

A’Ibom Police receive 255 new Recruits

By Ogenyi Ogenyi,UyoAkwa Ibom Commissioner of Police, Baba...

Residents decry rise in domestic violence after murder of Army Officer in A’ibom

By Ogenyi Ogenyi, UyoResidents of Uyo and other parts...

Gov Mutfwang’s Re-Election, Most Noble Ambition for Plateau – Commissioner

By Israel Adamu, JosThe Commissioner for Local Government and...

ITF Celebrates 54th Anniversary, Pledges More Training for Artisans

By Israel Adamu, JosThe Industrial Training Fund (ITF), Nigeria’s...

A’ibom shrine crisis; NGO seeks truce, appeals for discretion

By Ogenyi Ogenyi,UyoA Non Governmental Organisation, Open Forum for...

APC National Chairman, Prof. Nentawe, Empowers Traders with ₦50 Million Cash

By Israel Adamu, JosThe National Chairman of the All...

Related Articles

Popular Categories

spot_imgspot_img