Herconomy Updates
Come hang out with us at the Herconomy Open House; BYOB
Herconomy Open House is back!!!
This is an exciting opportunity for us all to relax, unwind and grab a drink or two while meeting some amazing people and forging beautiful networks.
Our host this month is our partner, Zephans &Co., an OG RTW Brand that caters to lovers of quality and affordable clothing in Nigeria.
Don’t miss out on this opportunity to enjoy yourself and let go of your worries, and no entry fee is required! Just bring your own bottle.
Register HERE!
Local Stories
Just-in: Millions lost as fire razes popular Apongbon market in Lagos
A fire incident has struck the popular Apongbon Under Bridge Market in Lagos, razing shops and properties worth millions of nairas. Read more…
Kaduna attack: Police confirm 34 killed, 200 houses burnt, curfew stays
The Kaduna State Government says no fewer than 34 persons, including two military personnel, were killed in the Sunday night attack on Agban Kagoro in Kaura Local Government Area of the state by bandits. Read more…
Reps give NNPC two-week ultimatum to defend N3tn debt
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has given the Nigerian National Petroleum Corporation, now Nigerian National Petroleum Company Limited, read more…
Enforce use of coins, Reps urge CBN
The House of Representatives has urged the Central Bank of Nigeria to “reinforce the use of coins as a legal tender and ensure that banks comply with the use of coins to the fullest.” Read more…
Osinbajo inaugurates Toyota-certified service centre in Lagos
VICE-PRESIDENT Yemi Osinbajo has inaugurated a Toyota-certified service centre located at the Oshodi end of the Apapa-Oshodi Expressway Lagos. Read more…
International Stories
Afghanistan: Taliban backtrack on reopening high schools for girls
The Taliban have reversed a decision to allow Afghan girls to return to high schools, saying a decision is still to be made on the uniforms they must wear.
Schools were set to open nationwide after months of restrictions since the Taliban seized power in August. Read more…
Jeff Bezos’ ex-wife, Mackenzie Scott donates $438 million to charity
The billionaire philanthropist is valued at $54.4 billion. Read more…
Tech Updates
DEAL: BAYC creator, Yuga Labs raises $450 million after launching ApeCoin
Yuga Labs, the new owners of the CryptoPunks and Meebits brands, has reportedly completed the raise of a $450 million funding round. Read more…
Business Matters
Massive job cut looms as dollar hits N590, forex scarcity bites harder
The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590/$1, The PUNCH has learnt. Read more…
Dangote’s $2.5bn fertiliser plant’ll boost food production, export – Buhari
The President, Major General Muhammad Buhari, (Rtd) on Tuesday, inaugurated the $2.5bn Dangote Fertilizer plant in Lagos. Read more…
6.4 million applied for N-Power Batch-C programme –FG
The Federal Government received a total of 6.4 million applications for its N-Power Batch-C youth empowerment scheme, the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, announced on Tuesday. Read more…
Naira crashes at black market as demand for FX heightens
The exchange rate between the naira and the US dollar closed at N417/$1 at the official Investors and Exporters (I&E) window/ Read more…
Metro
2Face Idibia continues to celebrate Annie days after she broke down on reality TV show over his infidelity
The celebrity couple have been trending on social media since Annies meltdown during one of the episodes of the reality TV show. Read more…
Renowned Ukrainian actress Oksana Shvets killed in Russian rocket attack
The ongoing exchange of firepower between Russia and Ukraine continues to take the lives of notable names in the film industry. Read more…
Quote of the Day
“Adopt the pace of nature: her secret is patience."
—Ralph Waldo Emerson