Daily Juice
Kim Kardashian passes the Baby Bar exams after 3 tries, and we are expecting an Ed Sheeran and FireBoy collaboration.
Herconomy Updates
Enterprise Challenge extended till January
The Enterprise Challenge deadline has now been extended to January.
The finale will now be held later in January. Details will be made public soon.
Local Stories
3,125 killed, 2,703 abducted in 11 months, VIPs knock FG
No fewer than 3,125 innocent persons were killed and 2,703 abducted by bandits in northern Nigeria in the last 11 months, a tally by The PUNCH has shown. Read more…
Senators, Reps get N52m, N32m yearly office running allowance – Lawan
The President of the Senate, Ahmad Lawan, on Monday, revealed the salaries and emoluments of members of the National Assembly to the public in Abuja. Read more…
Kanu sues AGF, DSS, alleges poor treatment, seeks prison custody
The leader of the Indigenous People of Biafra, Nnamdi Kanu, on Monday slammed a fresh suit against the Federal Government at a Federal High Court in Abuja over alleged infringement on his fundamental human rights. Read more…
FG may extend NIN-SIM linkage deadline again, records 35% enrolment target
The Minister of Communications and Digital Economy, Dr Isa Pantami, has disclosed that as of December 10, 2021, over 70 million unique national identity number enrolments have been recorded. Read more…
One cop killed as Abia command beats back invading gunmen
The Abia State Police Command has confirmed the killing of an inspector during an attack on its headquarters in Umuahia, the state capital. Read more…
International Stories
Nigerians sent-off Ethiopian Airline flight to Dubai
All Nigerians onboard Ethiopian Airlines to Dubai have been sent off the aircraft. This was confirmed by some of the passengers, who shared their experiences, on Monday. Read more…
Amazon criticised over safety at tornado-hit warehouse
Amazon is facing questions over health and safety policies at a warehouse in the US state of Illinois after six workers died when the building was destroyed by a tornado. Read more…
China detects first case of Omicron coronavirus variant on the mainland
China has detected its first case of the Omicron coronavirus variant on the mainland, posing a fresh challenge to the country's zero-Covid strategy in the lead-up to the Beijing Winter Olympics. Read more…
Tech Updates
How African startups can build multi-million dollar partnerships and acquisitions
The year 2021 has set many new standards for Africa’s tech ecosystem. As reporter Alexander Onwukwue states, “It’s the year African startups normalised $100 million rounds.” Read more…
Business Matters
MTNN trades for over N180 per share as NGX grows by N275 billion
MTN Nig shares traded today as high as N186.80 per share, almost N20 more than the price of shares on offer. The communication company has enjoyed rally by investors in the secondary market for three consecutive trading days as the deadline for the MTN Nigeria shares on offer draws near. Read more…
After 11 bidding rounds, MTN, Mafab acquire 5G spectrum for $547m
The Nigerian Communications Commission auction for its two available lots of 100 MHz TDD slots of 3.5 GHz band for the deployment of fifth-generation network in the country has been won by MTN Nigeria and Mafab Nigeria Communications Limited in a live auction held in Abuja on Monday. Read more…
Banks record N1.3tn non-performing loans, still above benchmark – CBN
Banks recorded non-performing loans of N1.3tn as of November which is still currently above the industry benchmark, according to the Central Bank of Nigeria. Read more…
NNPC to halt rising cooking gas price, increases supply
The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Monday announced that NNPC was currently increasing the supply of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to force down its price. Read more…
Nigerian banks earn N88.9 billion from account maintenance in 9 months 2021
Banks listed on the floor of the Nigerian Exchange scooped a sum of N88.9 billion from account maintenance charges in the 9-month period of 2021 (January – September). Read more…
Naira appreciates at official market as dollar supply improves by 44%
The exchange rate between the naira and the US dollar closed at N414.06/$1 at the official Investors and Exporters (I&E) window. Read more…
Aliko Dangote gains N43 billion in a single session on NGX
The chairman of the Dangote Group, Aliko Dangote gained a whopping N43 billion from his Dangote Cement Plc stake in a single session on the Nigerian Exchange Limited, as local investors rallied up the cement producer shares after recording a price decline the previous trading day. Read more…
He killed some of Coke's most beloved brands. And he'd do it all over again
Coca-Cola CEO James Quincey, a 25-year veteran of the company, has been hearing it from disgruntled niche beverage fans.
"I got a lot of emails about Tab," Quincey told CNN Business. Read more…
Metro
'Parasite' star Park So Dam diagnosed with thyroid cancer
South Korean actress Park So Dam, who shot to fame at home and abroad thanks to her role in the Oscar-winning movie "Parasite," has been diagnosed with papillary thyroid cancer. Read more…
New F1 world champion Max Verstappen 'not disappointed at all' with controversial way he won title
The season finale to the Formula One season has gotten a lot of people talking. Read more…
Marvel debunks Letitia Wright's 'Black Panther' exit & calls to recast T'Challa
Production will reportedly resume in January with Wright on set months after near fatal accident. Read more…
Ed Sheeran set to feature Fireboy's 'Peru (Remix)'
Sheeran and Burna Boy featured together on Stormzy's 'Own It' together in 2019. Read more…
Kim Kardashian finally passes the bar exam after 3 failed attempts
The reality TV star recounts all the hurdles she faced while trying to pass the exam. Read more…
Quote of the Day
“Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor.” – Sholom Aleichem