Herconomy Updates
The Herconomy Enterprise Challenge is coming with a twist!
The Herconomy Enterprise challenge is still on, all the way into January 2022. We have an amazing twist to this year’s Challenge.
Have you applied yet? Click here to apply now!
If you have any questions or concerns, please send an email to info@herconomy.com, reach out to us on Instagram or reply to this email.
Local Stories
2023: Electronic transmission of results doubtful, 301 LGs lack Internet facilities
The Independent National Electoral Commission’s plan to transmit election results electronically in 2023 is currently doubtful as the Federal Government has revealed that only 473 out of 774 local government areas in the country have Internet access. Read more…
International Stories
Covid: US reports record infections as Europe's Omicron cases also soar
The US and several European countries have reported their highest daily rises in Covid cases since the pandemic began, as the Omicron variant spreads. Read more…
South Africa court blocks Shell's oil exploration
A South African court has halted oil giant Shell's seismic testing for oil and gas along the country's eastern coastline, pending a final ruling. Read more…
Tech Updates
GetEquity is changing startup investment in Africa. But how?
GetEquity, a Nigeria-based investment platform, came into the market with the mantra of “challenging the status quo of startup financing and venture capital” in Africa. Read more…
Business Matters
Deal: Titan bank to acquire majority shares in Union Bank Plc
Union Bank Nigeria Plc announced it has reached an agreement to sell a majority stake to Titan Trust Bank Ltd. Read more…
FG set to close 2020 marginal oilfield bid round
The Nigerian Upstream Petroleum Regulatory Commission on Tuesday said it was set to close out the 2020 marginal field bid round programme. Read more…
Discos suffer load reduction as power generation sheds 571.5MW
There was a reduction in electricity load allocation to some distribution companies on Tuesday as power generation on the grip dropped by 571.5 megawatts when compared to what was generated the preceding day. Read more…
PoS transactions hit N13.67tn in three years, cheque usage drops
Nigerians have continued to abandon cheque transactions as Point of Sale transactions rise to N13.67tn in three years, according to data obtained from the Nigeria Inter-Bank Settlement System Plc portal. Read more…
Metro
Dr Dre to pay to ex-wife Nicole Young N57B in divorce settlement
Nicole gets to keep four of their ten cars. Read more…
You gave up fame to make us a home, RMD hails wife on 21st anniversary
Veteran Nollywood star, Richard Mofe-Damijo, has hailed his wife, Jumobi, for giving up her fame for their marriage. Read more…
Quote of the Day
“You’re only human. You live once and life is wonderful, so eat the damned red velvet cupcake.” – Emma Stone