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SME Mall and Herconomy Lightbox Presents
Were you part of our Lightbox session last week? It was quite educational for business owners.
Here is a recap of the previous session.
Muyiwa Femi Pearce will be back this week with the concluding part of the session and it’s going to be gbas gbos!
If you have any plans of running a business enterprise in Nigeria, you absolutely shouldn’t miss it!!!
Click on the link here to pre-register!
Herconomy is coming to Abuja with a bang!!!
Yaay!!! We finally have a date and you will be seeing us in Abuja!
Two of our Herconomy men will be coming to Abuja to share some of the insights on how we have been able to build and maintain our community.
Godwin and Charles will be giving tips and tricks and we will also be starting our Abuja forum.
Are you ready to party with Herconomy?
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!
Partner Content
Local Stories
President Buhari appoints Anamekwe Nwabuoku to oversee the office of Accountant-General of the Federation
Nwabuoku is expected to oversee the office of the OAGF pending the outcome of EFCC's investigation of the suspended AGF, Ahmed Idris. Read more…
FG makes health insurance compulsory for employers
The Federal Government has mandated all employers and employees in public, private, and informal sectors to access health insurance. Read more…
Lagos Arewa community supports the ban, prosecution of Okada riders
The Arewa community in Lagos State has said it supports the state government’s ban on Okada, urging its members to comply with the directive. Read more…
Delta police kill 10 suspected kidnappers, recover five rifles
The Delta State Police Command has killed 10 suspected kidnappers and armed robbers in a fierce gun battle around the Kwale axis in the Ndokwa West Local Government Area of the state Read more…
Ex-convict returning from Brazilian prison arrested for importing cocaine
Operatives of the National Drug Law Enforcement Agency have intercepted 24 parcels of cocaine concealed in 12 tyres of lawnmowers imported into the country through the Port Harcourt International Airport. Read more…
Dagogo drags PDP, INEC to court over exclusion
The embattled Rivers State governorship aspirant of the Peoples’ Democratic Party, Honourable Farah Dagogo has dragged his party and the Independent National Electoral Commission to court over his alleged exclusion from the list of governors aspirants in the State. Read more…
Crises rock Rivers, Oyo, Benue APC over gov primaries
The All Progressives Congress chapters in states including Rivers, Benue, Oyo and Sokoto are currently facing crises arising from last week’s election of delegates for governorship primaries holding on Thursday. Read more…
Reps summon water resources minister as agency auctions N2bn assets for N13.6m
The Office of the Auditor-General for the Federation has queried the management of the Ogun-Osun River Basin Development Authority for selling off a government plant, property and equipment valued at over N2bn at a paltry sum of N13.618m. Read more…
Nigerians spend $221m on foreign education in three months –CBN report
An analysis of data obtained from the Central Bank of Nigeria showed that Nigerians spent at least $220.86 million on foreign education between December 2021 and February 2022. Read more…
International Stories
Biden says the US is willing to respond 'militarily' in event of Chinese attack on Taiwan
President Joe Biden said Monday that the United States would respond militarily if China intervenes in Taiwan by force, telling reporters in Tokyo, "That's the commitment we made." Read more…
5 dead after severe thunderstorms in Ontario and Quebec; hundreds of thousands without power
Five people are reported dead after severe thunderstorms raced through parts of Canada on Saturday, according to Environment Canada. Read more…
World faces big challenges over Covid, monkeypox and wars - WHO
The world is facing "formidable" challenges, including Covid, the war in Ukraine and monkeypox, the head of the World Health Organization has warned. Read more…
Business Matters
AfDB to lend $500 million to women in 2022, to raise $5 billion for women businesses in Africa
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, says that the financial institution would lend $500 million to women in 2022. Read more...
Nigeria’s GDP grows by 3.11% in Q1 2022
Nigeria’s Gross Domestic Product (GDP) grew by 3.11% (year-on-year) in real terms in the first quarter of 2022... READ MORE
Russia’s imminent oil ban puts Nigeria’s low output on the spot
Nigeria has, more than ever before, been exposed as a country that is unable to meet its OPEC quota of 1.772 million. Read more…
Sterling Bank signs MoU with optometrists on funding
Sterling Bank Plc has signed a Memorandum of Understanding with the Nigerian Optometric Association to automate operations, enhance capacity and provide funding at competitive interest rates for members of the association. Read more…
Tech Updates
Nigeria to generate over ₦90 billion annually from new phone call tax
The Nigerian government has created a new tax on phone calls in the bid to fund free healthcare for Nigerian citizens who cannot afford healthcare—the vulnerable group. Read more…
Users of AVAST, AVG antivirus prone to cyber attacks, NCC warns
The NCC has warned that users of AVAST and AVG antivirus are now prone to cyber attacks due to vulnerability in the system used by the two protective solutions. Read more…
Metro
Progress wins Nigerian Idol season 7, bags N100m prize
Progress has emerged as the winner of the Nigerian Idol Season 7. This was announced at the Grand Finale which was broadcasted across Africa Magic stations on Sunday. Read more…
Ondo Amotekun nabs 4,000 suspects, says crime reducing
The Ondo State Security Network Agency, also known as Amotekun Corps, has arrested over 4,000 suspected criminals across the 18 local government areas of the state in five months. Read more…
Quote of the Day
"Success is not final, failure is not fatal: it is the courage to continue that counts."
—Winston Churchill