Daily Juice
Please join us on a chat with some of last year's Enterprise Challenge finalists and the winner tomorrow.
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.
Come Join a Chat with our Finalists
It's almost a year since we shortlisted last year's finalists for the 2020 Enterprise Challenge.
These wonderful women will be sharing their experiences with us.
@mashbabyfood
@natures_sleek1
@bqsafewash
@lesliejane
This session will be open to everyone. We promise it's going to be so much fun and enlightening listening to these women. Click here to register for the ZOOM session
Local News
Lagos EndSARS report: FG lists loopholes, UN, US, others demand sanctions
The United States Government as well as several human rights groups, including Amnesty International, on Tuesday, called for action on the report of the Lagos State Judicial Panel of Inquiry on Restitution for Victims of SARS Related Abuses and other matters, which stated that at least nine persons were killed and 39 others injured at the Lekki toll plaza on October 20, 2020. Read more…
How we recovered looted billions from UK, others, by FG
The Federal Government has given insight into how preventive measures adopted to check corruption and manage recovered stolen assets had brought about the repatriation of some stolen funds stashed away overseas. Read more…
Disqualification suit: Soludo learns fate on Nov 30
A Federal High Court in Abuja on Tuesday slated for November 30 judgment in the suit challenging the qualification of Anambra State governor-elect, Prof. Charles Soludo; and Deputy governor-elect, Onyeka Ibezim, to contest the last governorship election in the state. Read more…
Minister backs ASUU on earned allowance’s sharing formula
The Minister of State for Education, Chukwuemeka Nwajiuba, has backed the Academic Staff Union of Universities over the proposed sharing formula for the N22.1 billion earned allowances for university workers. Read more…
We no longer depend on allocation to run govt – Kaduna
The Kaduna State Government has said it is working towards funding its budget with internally generated revenue in coming years. Read more…
UNICEF, Jumia plan Internet for Nigerian schools
The United Nations Children’s Fund and Jumia, an African e-commerce platform, have partnered in support of Giga’s work in Nigeria to connect every school to the Internet and every young person to information, opportunity, and choice. Read more…
Reps demand compensation for Virgin Atlantic passengers denied refreshment
The House of Representatives has begun moves to make a British mega airline, Virgin Atlantic Airways, to compensate its passengers for allegedly denying them refreshment onboard its Lagos-London flight on August 9, 2021. Read more…
International Stories
Deadly storm cuts transport links around Vancouver
A deadly storm described by officials as a once-in-a-century weather event has severed road and rail links around Vancouver, Canada. Read more…
Delhi smog: Schools and colleges shut as pollution worsens
Authorities in the Indian capital, Delhi, have shut all schools and colleges indefinitely amid the worsening levels of air pollution. Read more…
Heated protests outside court ahead of Rittenhouse verdict
Protesters gathered outside a Wisconsin courthouse where Kyle Rittenhouse is being tried. Read more…
Mexico's most wanted: Wife of cartel boss 'El Mencho' held
Mexican security forces have arrested the wife of "El Mencho", Mexico's most wanted man and the leader of the feared Jalisco New Generation Cartel (CJNG). Read more…
Tech Updates
Craydel is creating more higher education options for African students
In Africa, the path to making higher education choices is cumbersome and fraught with misinformation. Read more…
Africa Health Holdings to expand its tech-enabled medical services with $18m funding
This week, Africa Health Holdings, a healthcare startup that operates 40 medical facilities across three countries in Africa, said it has secured $18 million Series A funding. Read more…
Business Matters
Tesla stock rallies back above $1,000 despite Elon Musk’s sell-off
Tesla, America’s biggest electric car company saw its stock rally yesterday, after trading below the $1,000 trading zone, as a result of the recent sell-off of Tesla shares by CEO, Elon Musk. Read more…
Nestle loses N7.93 billion in market value as share price drops by N10
At the end of today’s trading session, Nestle Plc share price depreciated by 0.71% to close at N1390.00 per share, taking the market capitalization from N1.11 trillion to N1.10 trillion. Read more…
Fuel scarcity looms as NUPENG issues FG 14-day ultimatum, threatens nationwide strike
In what appears as looming fuel scarcity, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has issued a 14-day ultimatum to the Federal Government with a threat to embark on a nationwide strike due to the non-implementation of an earlier agreement. Read more…
Pfizer, BioNTech and Moderna make $65,000 per minute – PVA
The People’s Vaccine Alliance (PVA) has carried out an analysis on Pfizer, BioNTech and Moderna which suggests that the three drugmakers are making as much as $65,000 as combined profit every minute. Read more…
JPMorgan is suing Tesla over Elon Musk's tweets
JPMorgan Chase on Monday sued Tesla for $162.2 million, accusing Elon Musk's electric car company of "flagrantly" breaching a contract related to stock warrants after its share price soared. Read more…
Why Naira is gaining against US dollar at the black market
Naira strengthened against the US dollar last week to a 2-month high of N535/$1 at the black market, thereby reducing the gap between the parallel and the official rates; an uptick that was driven by a significant drop in demand for FX at the black market. Read more…
IMF warns that eNaira may reduce demand for deposits in commercial banks
The International Monetary Fund (IMF) has warned that the eNaira wallet may reduce “demand for deposits in commercial banks.” Read more…
Metro
Chris pratt will voice Garfield in a new feature film
In collaboration with Alcon entertainment, Sony Pictures are working on the reboot of the famous animated kids' movie. Read more…
Nigerian comedian Cute Abiola declared missing
The popular skit maker was last seen on Monday, November 15. Read more…
Mr Macaroni reacts to Lekki shooting panel report, says there will be a day of reckoning for those who supported this act
The comedian slams the government over the recently released report which indicted the army and police. Read more…
Chico Ejiro's son dies months after Nollywood director's death
The late movie director's son passes away after battling with cancer. Read more…
Quote of the Day
The big lesson in life, baby, is never be scared of anyone or anything.
Frank Sinatra