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
Fashola restates 2nd Niger Bridge 2022 completion date, blames IPOB
The Federal Government, on Thursday, said the Second Niger Bridge (now named Muhammadu Buhari Bridge) and the Lagos-Ibadan Expressway would be completed before the end of 2022. Read more…
Cross River decries N34m federal allocation for March
The Cross River State Government received only about 15 per cent of its statutory allocation from the Federation Account in March. Read more…
International Stories
Ukrainian crew member who tried to sink a yacht linked to an oligarch: 'It was my first step for the war with Russia'
For 10 years, Taras Ostapchuk worked at what many might consider a dream job, as the chief engineer for the Lady Anastasia, a luxurious 156-foot yacht that cruised mostly from one upscale port to another across the sparkling Mediterranean Sea. Read more…
Tech Updates
Nigeria’s Kwik gets $2M to add financial services to its last-mile delivery offerings
Kwik, a Nigeria and French-based startup that provides logistics services to B2B merchants, from social vendors to e-commerce platforms, has raised $2 million in Series A funding. The financing rou... Read more…
Business Matters
Stallion rolls out 100,000th Bajaj Keke in Nigeria
IN less than eighteen months, Stallion Auto Keke Limited, a member of Stallion Group and Nigeria’s sole distributor of Bajaj three-wheelers and quadricycles, has rolled out 100,000 Bajaj Keke into the nation’s tricycle market. Read more…
Farmforte reacts to SEC seal of offices, says company is duly registered
Farmforte Agro-Allied Solutions Limited, the parent company of Agropartnerships Technology Ltd has reacted to its recently sealed office by the SEC. Read more…
Why 32 power projects were stalled across Nigeria- Gov. Yahaya
The projects account for an investment of $137 million that the Nigerian public is unable to realise value from due to these intractable issues. Read more…
Billionaire Elon Musk’s net worth increases to $257 billion
Billionaire businessman, Elon Musk’s net worth has increased from $232 billion to $257 billion. Read more…
Talks ongoing on funding national shipping carrier, says CLG
THE Chief Executive Officer of CLG Securities, Adeniran Aderogba, says discussions are ongoing on securing funding for a national shipping carrier for Nigeria. Read more…
Customs, CBN disagree over e-valuation of imports, exports
THE Nigerian Customs Service has refuted media reports which claimed that the service has adopted the e-evaluator and e-invoicing for importers and exporters introduced by the Central Bank of Nigeria. Read more…
IOCs fear collapse as FG says N1.36tn crude stolen in 14 months
The total value of Nigeria’s crude oil stolen between January 2021 and February 2022 is about $3.27bn (representing N1.361tn at the official exchange rate of N416.25 to the dollar), the Federal Government declared on Thursday. Read more…
Metro
Vict0ny reacts after being accused of using his wheelchair to gain fame
The music star has been on a wheelchair since the accident in April 2021. Read more…
Three siblings disappear from Abuja school, teachers, proprietor detained
There is panic among residents of Kabusa community in the Federal Capital Territory over the disappearance of three siblings. Read more…
Nollywood veteran filmmaker Ebere Moses passes on
The filmmaker was a famous editor in the 90s with projects including Living in Bondage and Nigerias longest TV series Ripples. Read more…
Quote of the Day
"Perseverance is the hard work you do after you get tired of doing the hard work you already did."
—Newt Gingrich