Daily Juice

No resumption without meeting our demands, ASUU tells FG

Herconomy Update

How Confident Are You in Your Investments?

March was quite an intense month for us, as women’s history month, it was packed full of activities and we had to take a break from our Lightbox Sessions. Now we are back and hitting the road running as we will be having a gbas gbos session with Florence Warikam.

Florence will be speaking to us on what is needed for a robust Investment Portfolio.

Florence Warikam is a Fund/Portfolio Manager at FSDH Asset Management Limited with over 10 years of progressive experience. She is a Chartered Accountant (ACA) and has an MBA from the University of Lagos.

Florence is passionate about Investments and educating the public on investment decisions to grow their financial portfolios.

In her spare time, she loves good movies and volunteers in the theatre department and finance professionals community group of her local Church.

Don’t hesitate to set your calendar for the 14th of April by 8 pm.

Register here

Share Your Stories With Us!

Dear subscriber, thank you for sticking with us through the years and reading all the news stories we have been sharing with you,

But for any community to thrive, we need to know more about you and share your stories.

We are starting a new segment called Community Spotlight and we should love to highlight all your wins and stories.

Kindly send us a DM on social media platforms or send an email to tolu@herconomy.com to share your stories!

We can’t wait to celebrate with you!

Local Stories

National grid collapsed twice to 10MW, 33MW last week – FG report

The collapse of Nigeria’s electricity grid actually occurred twice – on Friday and Saturday last week despite concerted efforts to stabilise the power system, a Federal Government report seen in Abuja on Monday showed. Read more…

2023 Presidency: ‘I will hand Nigeria back to the people,’ says PDP aspirant

An aspirant seeking the presidential ticket of the Peoples Democratic Party, Cosmos Ndukwe, Monday in Abuja said he would take Nigeria and hand it back to the people if elected president in the 2023 election. Read more….

We’ve identified the source of the attack on Miyetti Allah’s chairman, say police

The Federal Capital Territory said it had investigated and discovered the source of the attack on the members of the Miyetti Allah Cattle Breeders’ Association in Gwagwalada Area Council. Read more….

No resumption without meeting our demands, ASUU tells FG

The Academic Staff Union of Universities, Abuja zone says there will be no resumption in public universities until the renegotiated 2009 agreement is signed, and implemented and the University Transparency and Accountability Solution deployed. Read more….

International Stories

Extreme populists rise again in the US and Europe as Putin assaults the world order

A fresh tide of extreme populism -- feeding on the economic strain, hostility to immigrants and cultural warfare -- is challenging key democracies from the inside at the same time Russia escalates the most brutal assault on the liberal Western order in decades. Read more….

Pressure builds as Shanghai, a city of 25 million, remains locked inside

The distant echo of a megaphone blares most mornings from the narrow laneway where I live in Shanghai, summoning me and my neighbours from our homes for our mandatory Covid test. Read more…

At least 25 dead in landslides, floods after tropical storm Megi hits the Philippines

Philippine authorities said on Monday at least 25 people had died in landslides and floods caused by tropical storm Megi as it hit the eastern and southern coasts of the Southeast Asian country. Read more…

Indonesia passes landmark sexual violence bill, overcoming conservative opposition

Indonesia's parliament passed on Tuesday a long-awaited bill to tackle sexual violence, aimed at providing a legal framework for victims to secure justice in a country where sexual abuse has often been regarded as a private matter. Read more…

Business Matters

Imported vehicles: Customs slam 15% levy, clearing agents plan strike

CLEARING agents operating in the nation’s maritime sector may withdraw their services following the reintroduction of a 15 per cent National Automotive Council levy on imported used vehicles by the Nigeria Customs Service. Read more…

Oil theft affecting govt finances, naira stability –MPC member

The Central Bank of Nigeria disclosed this in a report by a member of the Monetary Policy Committee, Prof. Mike Obadan, who dealt with the topic ‘Is deregulation the solution to the forex/exchange rate problem?’ Read more…

DLM gets CBN’s nod on MfBs acquisition

DLM Capital, a development investment bank, has received the final approval of the Central Bank of Nigeria for its acquisition of Links Microfinance Bank. Read more…

Stanbic IBTC launches life insurance campaign

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has launched a life insurance campaign with the theme ‘The good life. Read more….

Tech Updates

MTN receives final PSB approval to kick-start an exciting era for Nigerian fintech

Nigeria’s largest telecommunications provider, MTN, has received final approval from the Central Bank of Nigeria to operate a payment service bank. This comes four months after an approval-in-principle was granted to the company in November 2021. Read more…

This Indian startup is building credit profiles for Africans using mobile money data

Financial institutions in Africa have historically relied on credit bureau scores, or the financial footprints of customers, to make lending decisions. In the absence of these, social demographics—such as gender, employment status, income level, etc—are considered before granting loans. Read more…

Metro

Osinachi: Police transfer case, minister, CAN youths demand justice

The Federal Capital Territory Police Command has transferred the case of the late Dunamis Church lead singer, Osinachi Nwachukwu, to the State Criminal Investigation and Intelligence Department. Read more….

Divorce: UI lecturer asks court to jail husband over children’s school fees

A University of Ibadan lecturer, Dr Bilikis Babarinde, has filed an application for committal against her husband, Prof. Sikiru Babarinde, for alleged disobedience to a court order asking him to pay his children’s school fees. Read more….

Lagos youth kills girlfriend, sleeps with the corpse for six days

A man, Ifeanyi Njoku, has been arrested for allegedly killing his girlfriend, Precious Okeke, 24, in an estate at Badore, in the Ajah area of Lagos State. Read more….

US singer Britney Spears pregnant with her third child

Britney Spears on Monday announced she is pregnant with her third child, six months after an LA judge ended the controversial guardianship the pop icon said barred her from having more children. Read more…

Quote of the Day

"Self-control means wanting to be effective at some random point in the infinite radiations of my spiritual existence."
—Franz Kafka