Daily Juice
Daily Juice
Are you a small business owner? Do you have plans of running a business enterprise? Then you shouldn't miss out on our Lightbox session today
Herconomy Updates
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SME Mall and Herconomy Lightbox Presents
Do you have plans of running a business enterprise in Nigeria? then you absolutely shouldn’t miss out on our lightbox session tonight.
Muyiwa Femi-Pearse will be back today by 8 pm on zoom with his over 20years of experience and will be at your disposal this evening for one full hour, with the concluding part of our Lightbox Webinar on Creating Structures that Foster Business Growth, and it’s going to be gbas gbos!
Come prepared with your questions.
Click on the link here to pre-register!
Herconomy is coming to Abuja with a bang!!!
Abuja are you ready for open house tomorrow?
The amazing members of our community in Abuja will be getting the full Open House Experience with amazing food, games and safe, wholesome networking.
Godwin and Charles will be giving tips and tricks on community building and how we manage programs in house. We will also be starting our Abuja forum.
We cannot wait to meet our Abuja community members!
Are you excited to party with Herconomy? Register Below.
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Herconomy Heights is an ultra-modern estate development consisting of 14 two-bedroom maisonettes.
Our goal is to ensure more women gain access to affordable real estate opportunities globally and this is our first step to fulfilling that mission.
For more enquiries; send an email to info@herconomy.com.
Conference Report
Did you miss out on our Herconomy Conference and Gala night??
Check out some of the event highlights from the link below.
Local Stories
Peter Obi quits PDP, drops presidential ambition
Peter Obi, a presidential aspirant of the Peoples Democratic Party, has announced his decision to dump the party and withdraw from the presidential race. Read more…
EFCC says that seized Diezani assets will be disposed of for the benefit of FG
The Economic and Financial Crimes Commission has disclosed that the seized assets belonging to former Minister of Petroleum, Diezani Alison-Madueke would be disposed of and sold except for those being contested. Read more…
Spain donates 4.4m COVID-19 vaccines to Nigeria
The Spanish government has donated 4.4 million Johnson & Johnson vaccines to Nigeria. The donation, it said, was in line with its unconditional defence of fair, equitable, and universal access to vaccines against COVID-19. Read more…
Family cries out as EFCC fails to interrogate Okorocha 24 hours after
The family of a former Imo State Governor and All Progressives Congress presidential aspirant, Rochas Okorocha, has accused the Economic and Financial Crimes Commission of failing to interrogate him 24 hours after his arrest. Read more…
Zulum says 35 killed, six injured in Borno attack
Governor Babagana Zulum of Borno State has confirmed the killing of 35 youths by the Islamic State West African Province (ISWAP) terrorists in Kala/Balge Local Council. Read more…
EFCC declares Rivers Accountant-General, others wanted for N435bn fraud
The Economic and Financial Crimes Commission has declared the Rivers State Accountant-General, Fubara Siminayi, and 58 others wanted for N435 billion fraud. Read more…
International Stories
Beto O'Rourke heckles Texas Governor Greg Abbott over gun laws
During Texas governor Greg Abbott's news conference on Wednesday, a confrontation laid bare the deep political divide on gun legislation. Read more…
Ukraine war: World Bank director warns over a global recession
The head of the World Bank has warned that Russia's invasion of Ukraine could cause a global recession as the price of food, energy and fertiliser jump. Read more…
We don't want UK-EU trade war' - Irish PM says
A UK-EU trade war would be "shocking" and "unnecessary", the Irish Prime Minister Micheál Martin has said. He called on the UK government to "get into the tunnel and negotiate" over changes to the post-Brexit trade arrangements for Northern Ireland. Read more…
Business Matters
NCC says 107 million mobile lines have become inactive as of March 2022
The Nigerian Communications Commission (NCC) has revealed that a total of 107 million mobile lines connected to the networks of MTN, Globacom, Airtel, and 9mobile have become inactive as of March this year. Read more…
CBN denies Emefiele’s sacking
The Central Bank of Nigeria has denied the sack of its Governor, Mr Godwin Emefiele, describing the report as an unfounded rumour. Read more…
Cash-strapped banks borrow N338.4bn from CBN in one month
Cash-strapped banks borrowed N338.5bn from the Central Bank of Nigeria in January to bridge their funding gap, according to the banking data. Read more…
Electricity update: Nigeria’s power generation peaks at 3,687.3MW
Nigeria’s electricity generation peaked at 3,687.3MW on Wednesday, falling by 4.6% compared to 3,865.4MW recorded during the previous day. This is according to information from the Transmission Company of Nigeria (TCN). Read more…
CBN’s N143 billion treasury bills auction records 47% oversubscription
The Central Bank of Nigeria’s (CBN) Treasury Bills for a 1-year tenor worth N143.88 billion, which was auctioned on Wednesday, 25th of May 2022, accumulated a total subscription of N210.82 billion, representing 147% of the intended capital raise. Read more…
Tech Updates
Apple: World’s most valuable tech company is raising employees’ wages amid high inflation
iPhone maker, Apple Inc will raise starting pay for its U.S. employees, the company said on Wednesday, amid a tight labour market, a surge in unionization efforts and rising inflation. Read more…
Tech Leaders Say Facial-Recognition Clampdown Will Spur Innovation
Technology industry leaders and policy groups say a move this week by the U.K.’s data-privacy watchdog to levy a $10 million fine on facial-recognition company Clearview AI Inc. sets clearer ground rules for balancing software innovation with people’s right to privacy. Read more…
Metro
Igbo marginalisation may lead to Nigeria’s extinction – Singer Paul Play Dairo
Veteran Nigerian singer, Paul Play Dairo, has said that the marginalisation of Igbos in Nigeria may lead to the country’s extinction. Read more…
Quote of the Day
“A lack of clarity could put the brakes on any journey to success.”
—Steve Maraboli