Business

All the recent business news in Nigeria, economy and industry updates.

Policies to boost industrialisation, tackle unemployment developed – Minister

The Minister of Innovation, Science and Technology, Dr Uche Nnaji, has said policies and programmes that will harness innovation and tackle challenges

LASCOPA recovers N145m from banks, discos over consumers’ rights

The Lagos State Consumer Protection Agency (LASCOPA) has recovered over N145m from different commercial banks and electricity distribution companies t

Transcorp Power declares N23bn dividend

Transcorp Power Plc, a subsidiary of Transnational Corporation Plc. (Transcorp Group), has declared a dividend of N23.46 billion at 3.13kobo per share

Reps threaten to block agencies accounts over revenue profile, non-remittance

The House of Representatives Committee on Finance has threatened to order the Accountant General of the Federation to block the accounts of government

NGX market cap gains on first trading day

After a bearish performance in the previous week, the local bourse yesterday opened on a positive trend with the market eking out 5 basis points (bps)