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Rising food prices fuelling inflation in Nigeria, others – IMF

Herconomy
Dec 7, 2021
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Herconomy Updates

More Time to Apply!

The Herconomy Enterprise Challenge deadline has now been shifted till the 17th of December to allow even more female-owned businesses to apply for the grant.

So it’s time, give your pitch your very best shot, go all out and come Wow the team and judges during the finale.

We Are Waiting!

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Business Matters

Nigeria records N8.9tn trade deficit in nine months, expert blames insecurity

Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown. Read more…

Naira falls at official market despite a 119% improvement in forex supply

The exchange rate between the naira and the US dollar closed at N415/$1 at the official Investors and Exporters (I&E) window. Read more…

IPOB: Anger as sit-at-home order grounds commercial activities in Onitsha

Residents of Onitsha in Anambra State on Monday lamented the effect of the sit-at-home order imposed by the proscribed Indigenous People of Biafra in the South East. Read more…

South-East traders petition CBN, allege illegal, spurious bank deductions

The South-East Amalgamated Markets Traders Association has decried what it described as “multiple and indiscriminate charges and deductions on customers” by commercial banks. Read more…

Rising food prices fuelling inflation in Nigeria, others – IMF

The International Monetary Fund says rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries. Read more…

Microsoft pushes for hybrid workspaces

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Nigeria’s Internet subscriptions fall by 12.59 million in one year

The total number of Internet subscriptions in Nigeria has dropped by 12.59 million in one year, according to data obtained from the Nigerian Communications Commission. Read more…

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Foreign airlines to cut Nigeria flights as sales crash

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Renewable Energy: Korea to invest $12.3 million for solar mini-grid construction in Nigeria

The South Korean Government has announced that it will invest the sum of $12.4 million for the construction of solar mini-grids in Nigeria. Read more…

Metro

Soldier, lover arrested over 90 rounds of ammunition in Borno

The Borno State Police Command has paraded a woman, Anita Yohanna, who was allegedly arrested with live ammunition while boarding a car to Yola from Askira town, in the Askira Uba Local Government Area of Borno State. Read more…

Quote of the Day

 “You must expect great things of yourself before you can do them.”

Michael Jordan

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