Embattled US Steel has argued that it needs the Nippon deal to ensure sufficient investment in its Mon Valley plants in Pennsylvania. Photo: Philip FONG / AFPSource: AFP US President-elect Donald Trump on Monday said he would “block” a planned takeover of US Steel by Japanese company Nippon Steel, a deal worth $14.9 billion including … Read more
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Dangote Cement Plc is now the largest capitalised listed company, surpassing Airtel Africa Plc and eleven other trillionaire businessesDue to investor interest, Dangote Cement’s market capitalisation increased to N8.16 trillion in November 2024Since President Bola Tinubu’s new administration took office, Dangote Cement and other businesses have experienced growth Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering … Read more
Rangers technical adviser, Fidelis Ilechukwu, has praised Enyimba as a standout team in the Nigeria Premier Football League (NPFL) as they prepare for their highly anticipated Oriental derby clash on Tuesday. The Flying Antelopes are set to face off with Enyimba in a matchday 15 fixture in Aba. Ahead of the clash, Ilechukwu expressed confidence … Read more
The president of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, has called for greater transparency and accountability in the operations of the National Pension Commission (PENCOM). Speaking at the 20th NLC Harmattan School, 2024, themed, “Trade Unions and the Quest for a New Social Contract,” Ajaero called for an inclusive approach to governance and … Read more
Truong My Lan was found guilty of embezzling billions of dollars. Photo: STRINGER / AFPSource: AFP A Vietnamese property tycoon sentenced to death for a multi-billion-dollar fraud will learn Tuesday whether her life will be spared, as an appeal court reaches its verdict on one of the biggest corruption cases in history. Property developer Truong … Read more
The Chairman of Obio/Akpor Local Government Area of Rivers State, Chijioke Ihunwo, has accused the Minister of Federal Capital Territory (FCT), Nyesom Wike, of using police to destabilize markets in the state. Chijioke Ihunwo alleged that Wike allegedly used the Anti-Cult Police Unit to attack market women and other traders at Oginigba market. In a … Read more
The Federal University of Health Sciences, Otukpo (FUHSO), has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate Professor Innocent Achanya Otobo Ujah, the institution’s former vice-chancellor, over allegations of conspiracy, criminal misappropriation, forgery, and abuse of office. In a letter dated November 19, 2024, signed by the university’s legal representatives, Anene Chamba Legal … Read more
NNPC has set a new price for Premium Motor Spirit (PMS) for marketers looking to buy from its refineryThe new price will lead to filling stations reducing their pump prices accordingly ahead of the festive seasonHowever, NNPC will need to do more, as the new price announced to marketers is still higher than the petrol … Read more
The presidency on Monday, shed more light on the tax reform bills proposed by President Bola Tinubu, with the proposal currently before the National Assembly. A statement from the presidency explained that Tinubu proposed the reforms due to a need to streamline tax administration in Nigeria and make the operating environment conducive for businesses. The … Read more