Daily Juice
Nigeria- Egypt trade is now $141 million a year as Trade Conference begins today
Herconomy Updates
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Herconomy IG Special Live
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Tech Updates
Here are non-tech careers in the tech space that you can consider
The 21st century saw a boom in tech start-ups as technology became more accessible around the world. Since the 2010s, tech companies became one of the coolest places to work and they are often ranked at the top list of the best places to work worldwide. Read more…
Strategies for increasing Nigerian Ed Tech Unicorns
Nigeria – Africa’s most populous nation and by extension largest market has a huge demand for Ed Techs which greatly service this gargantuan appetite for various modes of knowledge acquisition. Read more…
Business Matters
Best performing manufacturing firms in Nigeria judging by their numbers – H1 2022
A review of the performance of quoted manufacturing companies in Nigeria showed that sixteen firms operating in the consumer and industrial goods sector raked in a sum of N2.28 trillion as revenue in the first half of the year. Read more…
Nigeria- Egypt trade is now $141 million a year as Trade Conference begins today
The current annual trade volume between Nigeria and Egypt has risen to $141 million. Both countries are set to host the maiden edition of the Nigeria–Egypt Trade Conference and Exhibition (NETCE) on Monday in Cairo. Read more…
Budget 2023: FG to spend N500.4 million on the acquisition of NigComSat-2
The federal government is to spend N500.4 million on acquiring a second satellite for the country. According to the 2023 Appropriation Bill presented by President Buhari last week, the NigComSat-2, an ongoing project, constitutes the major project for the Nigeria Satellite Company next year. Read more…
SWOOTs capitalization is down by N768 billion
The combined market capitalization of stocks worth over one trillion (SWOOTs) depreciated by 3.93% to close at N18.76 trillion from N19.53 trillion the previous week, reflecting a loss of N768.91 billion. Read more…
FG plans N854.8bn for pensions in 2023
The Federal Government plans to spend N854.8bn on pensions, gratuities and retirees’ benefits in the 2023 budget. The President, Major General Muhammadu Buhari (retd.), disclosed this while presenting the 2023 appropriation bill to a joint session of the National Assembly in Abuja on Friday. Read more…
Forex scarcity hits gas suppliers, price hike imminent
There are indications that gas prices will further rise and Nigerians may pay more as marketers have hinted that the high exchange rate of dollar to naira is having a negative impact on importation. Read more…
The insurance industry’s six-month claims hit N174bn
The gross claims paid by the insurance companies in the country to clients rose by 0.2 per cent in the first half of 2022. The National Insurance Commission revealed this in its ‘Bulletin of the insurance market performance report for the first half of the 2022 financial period. Read more…
CBN loans to FG hit N22tn, analysts kick
The Federal Government borrowed N1.46tn from the Central Bank of Nigeria through Ways and Means Advances in August 2022. The total FG’s borrowing from CBN rose from N20.61tn in July 2022 to N22.07tn in August 2022. Read more…
Quote of the Day
"Ambition is the path to success. Persistence is the vehicle you arrive in."
—Bill Bradley