Herconmy Daily Juice
Apparently, pure water prices might be shooting up this Christmas, makes you wonder, what next?
Herconomy Community News
Herconomy Enterprise Challenge 2021 is Here!
Our Annual Enterprise Challenge is back!
Winner: N1.5 million Grant, Mentorship, Work Space
1st Runner Up: N1 million Grant, Mentorship & Workspace
2nd Runner Up: N500,000, Workspace
Click the link to apply! (You can also apply from our link tree in bio)
Steps to participate:
1. Repost the flier on your page and tag your friends to also apply.
1. Follow @herconomy.
2. Fill out the application form here.
3. Use the Hashtags #herconomy2021
The deadline for application is the 30th of November 2021
Terms and Conditions Apply.
Bought those Christmas tickets yet?
Do not miss the mouthwatering Herconomy discounts from Qatar Airways for every member of the tribe.
It’s time to book your end of year vacation flights, and as always, you can count on us to bring you at discounted rates.
Send your emails and other requests to rewards@herconomy.com to get started.
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Main Forum’s Award “Achievements 2019” in the nomination Science & Education, by the International “Achievements Forum 2019. London Summit of Leaders”.
Recognized by THE European Federation of National Engineering Associations (FEANI).
Member of the International Studies Association
Member of the academic association for contemporary European Studies (UACES).
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Local Stories
#EndSARS: Nine confirmed dead at Lekki tollgate, says Lagos panel
The Lagos State Judicial Panel of Inquiry on Restitution for Victims of SARS Related Abuses and other matters says at least nine persons were confirmed dead at the Lekki toll plaza on the night soldiers stormed there to disperse #EndSARS protesters on October 20, 2020. Read more…
Nigerian judicial panel condemns 2020 Lekki toll gate shooting as 'a massacre'
Lethal violence committed by Nigeria's military on the night of October 20, 2020 could be considered a "massacre," a government-appointed panel concluded Monday -- contradicting previous official accounts of the incident. Read more…
Price of pure water could increase from N20 to N50, producers warn
Water Producers Association of Nigeria (WAPAN) has stated that the price of ‘pure water’ could rise from the present N20 to about N50 per sachet if the federal government implements the proposed Excise Duty on carbonated beverages. Read more…
Ikoyi building: Engineers unveil preliminary report, suspect structural distress, others
The Nigerian Institute of Structural Engineers has stated that lack of quality control, quality assurance, and structural inadequacy may have led to the recent collapse of the 21-storey building in Ikoyi. Read more…
Why ISWAP targeted, killed Brig Gen Zirkusu in Borno attack – Ndume
The Senator representing, Borno South Senatorial District, Ali Ndume, has disclosed the reason the Islamic State West Africa Province killed Brigadier General Zirkusu in Saturday’s attack. Read more…
Poverty rate in most North-East states is 70% – World Bank
The World Bank has put poverty rate in most states of the North-East at 70 per cent, adding that the region suffers from severe climate crisis and conflict which are diminishing its development. Read more…
Civil servants collected N8bn, political appointees N787m July, August – Bayelsa
The Bayelsa State Government has said it spent a total of N8.1bn for the payment of civil servants’ salaries in July and August this year. Read more…
COVID: 3,252,067 Nigerians fully vaccinated – NPHCDA
The Nigerian Primary Healthcare Development Agency, NPHCDA, revealed that 2.9% of Nigeria’s population has been fully vaccinated, representing 3,252,067 persons. Read more…
International Stories
Kampala blasts: Explosions hit Ugandan capital
Two explosions have hit the centre of the Ugandan capital Kampala.
One blast took place near parliament, with the other going off close to the city's police headquarters. Read more…
Girl, 16, says she was raped by hundreds of men in western India’
At least seven men have been arrested in western India after a 16-year-old girl claimed she was raped hundreds of times by hundreds of men in the latest horrifying case to highlight the country's rampant sexual violence problem. Read more…
Biden-Xi talks: China warns US about 'playing with fire' on Taiwan
Chinese President Xi Jinping has used a virtual summit with US counterpart Joe Biden to warn that encouraging Taiwanese independence would be "playing with fire". Read more…
Australian women to sue Qatar over forced invasive examinations at Doha airport
A group of seven Australian women, some of whom were subjected to invasive medical examinations after authorities found an abandoned baby at Doha international airport, are planning on suing the Qatar government, their lawyer confirmed Tuesday. Read more…
Tech Updates
With T40, Folarin Olulana is improving intercity travel experience for Nigerians
Road transportation in Nigeria is currently fraught with many significant problems that make inter-state travel unbearable for the average passenger. Read more…
Business Matters
Four banks borrow $6.21bn from foreign market amid dollar shortage
In a bid to support their balance sheets with foreign exchange, four banks in the country raised $6.21bn from foreign creditors between January and October 2021. Read more…
NUPENG threatens nationwide strike, fuel scarcity looms
Nigeria may experience fuel scarcity in the coming days following the threat issued on Monday by the Nigerian Union of Petroleum and Natural Gas. Read more…
Exchange rate closes flat as forex liquidity improves significantly
The exchange rate between the naira and the US dollar closed at N415.1/$1, at the Investors and Exporters window, where forex is traded officially. Naira started the week flat against the US dollar at N415.1/$1 on Monday 15th November 2021, the same as recorded in the previous trading session. Read more…
Crypto cyclone hits investors, over $300 billion wiped off as Bitcoin loses $5k
On Tuesday, bitcoin dropped by thousands of dollars in a matter of hours, along with the price of many altcoins including ethereum, down more than 10%. Due to record selling pressure, over $300 billion worth of crypto was lost. Read more…
Metro
We are passionate about working with Nigerian content creators - Amazon Prime Video
In an exclusive chat with Pulse, Amazon studios' executives James Farrell and Ukonwa Kuzi-Orizu Ojo discuss partnership with local content creators. Read more…
Wizkid named Best African Act at 2021 MTV Europe Music Awards
When nominations were announced, Justin Bieber led with eight. Read more…
Whitemoney to start reality TV show – BBNaija organisers
Big Brother Naija Shine Ya Eye winner, Whitemoney, will soon start his own reality TV show. This was announced by the BBNaija organisers, Multichoice, on Monday, through the GOtv Instagram page. Read more…