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Join the Herconomy Vision Boarding Session on the 23rd

Herconomy
Jan 6, 2022
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Herconomy Updates

Join the Herconomy Vision Boarding Session

Let’s get our Vision for 2022 down together!

Local Stories

PDP, others kick as Buhari dismisses state police, insists on grazing routes

The President, Major General Muhammadu Buhari (retd.), on Wednesday restated his opposition to state police, saying it was not an option for addressing  insecurity in the country. Read more…

Soldiers invade Ogun community, kill two, label victims Boko Haram terrorists

Two men, Sale Abacha and Malummodu Ibrahim, have been shot dead by soldiers in the Adigbe area of Abeokuta, Ogun State. Read more…

International Stories

Novak Djokovic: Australia cancels top tennis player's visa

World number one tennis player Novak Djokovic has had his visa to enter Australia dramatically revoked on his arrival in Melbourne, amid a huge backlash over a vaccine exemption. Read more…

Kazakhstan unrest: Dozens killed in crackdown

Security forces in the Central Asian state of Kazakhstan say they have killed dozens of anti-government rioters in the main city, Almaty. Read more…

Tech Updates

Google to improve ‘Android to Windows PC’ integration

Google has announced it is investing in more helpful ways to make android and windows PC devices work better. The... Read more…

Business Matters

New tax on carbonated drinks’ll worsen economy – MAN, experts

The Federal Government has introduced an excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened beverages. Read more…

FOREX inflow into Nigeria surges by 64% to $30 billion in Q3 2021

The amount of foreign exchange that came into Nigeria in Q3 2021, skyrocketed by 64% to $30.18 billion compared to... READ MORE

Amid CBN probe of FX defaulters, sales of FX to banks fall to $1.65 billion in August 2021

The Central Bank of Nigeria's total foreign exchange sales to authorised dealers (deposit money banks) declined to $1.65 billion in... Read more…

Federal Government introduces 6% tax on digital non-resident companies

The federal government has disclosed that it would be charging 6% tax on turnover on e-commerce businesses provided by non-resident... Read more

Debt servicing gulps 76% of revenue, experts, Buhari disagree on borrowings

The Federal Government on Wednesday disclosed that it spent N4.2tn on debt servicing between January and November 2021. Read more…

Osinbajo panel to meet NLC over subsidy removal, transport palliative

The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the Federal Government is determined to remove subsidy on Premium Motor Spirit, commonly known as petrol. Read more…

Discos’ revenue targets based on electricity consumption – ANED

Revenue targets by power distribution companies are set based on the electricity consumption of consumers, the Association of Nigerian Electricity Distributors has said. Read more…

Larry Page and Sergey Brin lose $10 billion in a day as Google dips by 5%

As Google stocks depreciated in Wednesday's Nasdaq trading sessions, the wealth of Google co-founders Larry Page and Sergey Brin plummeted, read more....

Metro

Actress Iyabo Oko comes back to life 3 hours after being declared dead

The actress had been confirmed dead by her family members on Wednesday night. Read more…

Jason Derulo handcuffed after ‘attacking’ men who called him Usher

The music star attacked the men at exit point of a casino in Las Vegas. Read more…

Jim Iyke says fight with Uche Maduagwu was planned, reveals he was paid handsomely

The movie star says stunt with Maduagwu created more awareness than the N25M spent on promoting his movie. Read more…

Quote of the Day

“Don’t allow your past or present condition to control you. It’s just a process that you’re going through to get you to the next level.” – T.D. Jakes

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