Daily Juice
Herconomy Updates
Is Your Business Ready for a Successful Year?
Anurika Azubuike is a leading expert in Marketplace Alchemy, an experienced business leader with two decades’ worth of expertise in creating systems that attract and ‘keep’ paying clients, helping businesses sell more of their products.
Anurika is also a Marketing Communications professional providing strategic visibility to companies and institutions, which she has done for the likes of Google, P&G, CNN, Coca Cola, and Unilever.
Join us this Thursday and tap into the abundance of Anurika’s expertise that she will be sharing with us on the Lightbox platform.
Are you ready to position your business properly for a successful 2022 or would you rather just continue on as usual?
An alumnus of Quadrant MSL, and a serving member of the IFC Africa Regional Team, Anurika is going to give us some gbas gbos, and we are ready for it.
Are you?
Make sure to register for the session beforehand and get reminders in your email if you’re a Herconomy Gold or Silver member. If you aren’t, what are you waiting for exactly?
Local Stories
ASUU begins four-week rollover strike, govs oppose action in state varsities
The Academic Staff Union of Universities on Monday began a four-week strike following the Federal Government’s failure to meet its demands. Read more…
Drug business: Police tackle NDLEA, agency detains Abba Kyari, four others
The Nigeria Police Force, on Monday, accused some officials of the National Drug Law Enforcement Agency at the Akanu Ibiam Airport, Enugu, of being on the payroll of some international drug barons barely hours after the NDLEA declared the suspended Commander of the Police Intelligence Response Team, Abba Kyari, wanted for alleged drug trafficking. Read more…
Lagos robbers shoot bizwoman, hospital demands police report, victim dies
A businesswoman, Uduak Oluyede, has been shot dead by gunmen who robbed her bakery on Adetola Street, Aguda, in the Surulere area of Lagos State. Read more…
NANS threatens nationwide protest as ASUU declares fresh strike
The National Association of Nigerian Students on Monday condemned the strike embarked upon by the Academic Staff Union of Universities. Read more…
FCT loses N800bn annually to fraudulent estate developers – National Assembly
The House of Representatives’ ad hoc committee investigating the operations of real estate developers in the Federal Capital Territory has condemned the illegal activities of developers in Abuja, including scamming unsuspecting subscribers and cheating the government out of revenue. Read more…
Reps approve Customs’ N369bn budget, raises revenue target by N965bn
The House of Representatives Committee on Customs and Excise has approved a budget with estimates totalling N369.14bn for the Nigeria Customs Service in 2022. Read more…
International Stories
Russia pulls some troops back to base
Russia says some troops are returning from Ukraine border after a build-up prompted fears of an invasion. Read more…
Trudeau vows to freeze protesters' bank accounts
Canada's prime minister says police will also be given "more tools" to imprison or fine demonstrators. Read more…
Valieva blamed grandad's medicine for positive drugs test - IOC
Russian figure skater Kamila Valieva has argued her positive drugs test was due to contamination with her grandad's medicine, an Olympic official says. Read more…
Tech Updates
Egypt’s e-commerce platform Wasla nabs $9 million from retail finance provider Contact
Contact Financial Holding, Egypt’s non-bank consumer finance provider, has invested $9 million in the country’s ecommerce super-app Wasla, setting the stage for the rollout of new online shopping c... Read more…
Business Matters
EU pledges €44million to FG’s Jubilee Fellows scheme for young graduates
The EU has announced a pledge of €44 million for a youth empowerment partnership initiative between the FG and the UNDP. Read more…
Naira retracts as exchange rate falls at official and P2P markets
The exchange rate between the naira and the US dollar closed at N416.67/$1 at the Investors and Exporters (I&E) window. Read more…
Regulatory requirements: 27 firms forced to exit Nigerian stock exchange in five years
A total of 27 companies were forced to delist from the Nigerian Stock Exchange between 2016 and 2021, according to data from the Nigerian Exchange Limited. Read more…
Despite CBN interventions, rice records 92% price hike in six years
The price of a 50kg bag of locally produced rice rose by about 92 per cent between January 2016 and December 2021 despite the various measures taken by the Federal Government to drive down the cost of the staple, findings have shown. Read more…
FG gross debt to grow by 92%, hits N136tn in 2026, says IMF
The Federal Government’s gross debt profile is projected to grow by 92.11 per cent from N70.85tn in 2022 to N136.11tn in 2026, according to the International Monetary Fund. Read more…
Flour Mills, BUA disagree over alleged suspension of sugar sale
Flour Mills of Nigeria Plc said on Monday that it did not suspend sales of sugar as claimed by its rival BUA Foods Plc. Read more…
BREAKING: Nigeria’s inflation rate reverses direction, drops to 15.6% in January 2022
Nigeria’s inflation rate dropped marginally to 15.6% in January 2022, representing a reversal from the uptick recorded in the previous... Read more…
Metro
Kanye West delivers truckload of roses to Kim Kardashian on Valentine's Day
Today on 'Keeping Up With The Wests.' Read more…
Kim Kardashian allegedly worried ‘someone will hurt Pete’ because of Kanye
Kanye West has become notorious for calling Pete Davidson demeaning names. Read more…
The Tinder Swindler's Simon Leviev returns to IG on Valentine's day
The alleged con artist deactivated his Instagram account after the Netflix documentary premiered. Read more…
Quote of the Day
“Courage is the most important of all the virtues because, without courage, you can’t practice any other virtue consistently.”
—Maya Angelou