Daily Juice

Its the end of the year and we are already seeing some nice roundoffs, "Nigerian startups that raised above $100 million in 2021"

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

15 states conducting contact tracing, 1,986 travellers test positive – NCDC

The Nigeria Centre for Disease Control on  Monday said contact tracing of those who were exposed to COVID-19  infections were being conducted in 15 states. Read more…

1.5 million Nigerians in Italy unable to get Nigerian passport – NIDOE

The Nigerians in Diaspora Organisation, Europe (NIDO-Europe), Italy Chapter, have revealed that about 1.5 million out of its 3 million registered members in Italy are affected by the scarcity of Nigerian passports. Read more…

NNPC debunks conducting survey, recruiting exercise

THE Nigerian National Petroleum Company Limited, NNPC, has stated that it is currently not conducting recruitment exercises nor celebrating any anniversary event. Read more…

International Stories

Snow buries north and west Japan

Snow has pummelled the north and west of Japan, causing travel chaos and warnings to stay indoors. The snowfall, which started on Christmas Day, is forecast to continue. Read more…

Austria's Innsbruck airport denies 110 Britons entry over new Covid rules

Innsbruck airport refused to allow 110 British tourists entry into Austria because they had not followed updated Covid restrictions, it has emerged. Read more…

Covid: US halves isolation time for asymptomatic infection

US health officials have halved the recommended isolation time for people with asymptomatic Covid-19 from 10 to five days, amid a surge in cases. Read more…

Tech Updates

Nigerian startups that raised above $100 million in 2021

For African startups, this year has been a massive success. Not only have some startups received more than $100 million, but Africa has also garnered investment from well-known investors such as Softbank, a Japanese firm that has invested in Alibaba, Uber, and other well-known companies. Read more…

Nigerian startup, Identitypass, joins Y combinators winter 2022 batch

Identitypass, a startup that makes it possible for digital businesses in Africa to easily verify their customers within seconds has been accepted into Y combinator’s winter 2022 batch. Read more…

Nigerian edtech startup, Teesas raises $1.6 million in a pre-seed funding round

Nigerian edtech startup, Teesas launched less than two months ago has raised $1.6 million in a pre-seed funding round. Read more…

Business Matters

FG plans N12tn fresh borrowing, public debt to hit N50tn by 2023

The Federal Government hopes to push its public debt stock to N50.22tn by 2023, with domestic debt at N28.75tn and external debt at N21.47tn. Read more…

Electricity tops 2021 consumer complaints chart as aviation, telecoms follow

The Federal Competition and Consumer Protection Commission (FCCPC) says the electricity sector has again topped its 2021 consumer-related complaints chart just like in 2020. Read more…

Telecom experts support FG social media tax plan

Experts in the telecommunication industry have said the move by the Federal Government to tax social media companies is right because the companies generate commercial revenues from the nation. Read more…

Metering: IRL installs 33,000 prepaid meters to customers in Lagos, Ibadan, Kaduna

The Integrated Resources Limited, IRL, a leading metering company, weekend, disclosed that it has provided prepaid meters to over 33,000 customers in Lagos, Ibadan and Kaduna since its inception. Read more…

Christmas week trades add $77.89bn to bitcoin market cap

The market capitalisation of Bitcoin increased by $77.89bn during the week leading up to Christmas. Read more…

Naira falls at official and P2P forex market despite boost in dollar turnover

The exchange rate between the naira and the US dollar closed at N415.1/$1 at the Investors and Exporters (I&E) window, where forex is traded officially. Read more…

Metro

Kanye West buys $4.5 million house across the street from estranged wife Kim Kardashian

Kanye West wants to keep up with the Kardashians. Read more…

'Spider-Man: No Way Home' crosses 1bn mark at global box office

The Marvel film is officially the first film to hit the record post-pandemic outbreak. 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