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Herconomy Update
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Herconomy is coming to Abuja with a bang!!!
Yaay!!! We finally have a date and you will be seeing us in Abuja!
Two of our Herconomy men will be coming to Abuja to share with you some of the insights on how we have been able to build and maintain our community.
Godwin and Charles will be giving tips and tricks and we will also be starting our Abuja forum.
Are you ready to party with Herconomy?
Share Your Stories With Us!
Dear subscriber, thank you for sticking with us through the years and reading all the news stories we have been sharing with you,
But for any community to thrive, we need to know more about you and share your stories.
We are starting a new segment called Community Spotlight and we should love to highlight all your wins and stories.
Kindly send us a DM on social media platforms or send an email to tolu@herconomy.com to share your stories!
We can’t wait to celebrate with you!
Local Stories
Confusion trails ASUU, FG meeting over ongoing strike
ASUU claims it did not receive any notice of a meeting from the Ministry of Labour and Employment over its ongoing strike. Read more…
Emefiele heads for court as anger spreads over presidential ambition
The Central Bank of Nigeria Governor, Mr Godwin Emefiele’s alleged involvement in politics on Sunday attracted more strong condemnations, with senior lawyers and other eminent Nigerians calling for his immediate resignation. Read more…
ASUU, FG disagree over planned meeting
The Academic Staff Union of Universities, on Sunday, said it did not receive any notice of meeting from the Ministry of Labour and Employment over its ongoing strike. Read more…
Fuel queues resurface in Abuja, neighbouring states
Most filling stations in Abuja and neighbouring states of Nasarawa and Niger that dispensed Premium Motor Spirit, popularly called petrol, on Sunday were greeted with long queues. Read more…
International Stories
Business Matters
Customs, agents at war over 15% levy, imported car price set to soar
When the management of the Nigeria Customs Service, in April 2022, came up with the introduction of an additional 15 per cent cost on the already high cost of clearing imported vehicles; Read more…
FG’s ban on crypto, Twitter crippled Nigeria’s FDI – Report
A new report has stated that restrictions on cryptocurrency transactions and the ban of Twitter in Nigeria crippled foreign direct investment in the fin‑tech industry and adversely impacted millions of young Nigerians earning a living from the sector. Read more…
Nigeria loses N1.22tn to deficit oil production – Reports
Nigeria was unable to produce about 22.658 million barrels of crude oil valued at N1.22tn in the first quarter of this year due to its persistent inability to meet the crude oil production quota approved for the country by the Organisation of Petroleum Exporting Countries. Read more…
Crypto market sell-off continues as Bitcoin falls below $34,000
In just barely two weeks, Bitcoin has lost almost $7,000 or 11.81% from $40,269 to currently trade $33,512 as of the time of this writing... Read more…
Crypto investors run to US dollar for refuge amid record sell-offs
Bitcoin is declining towards levels previously seen in July 2021 as part of a larger retreat in almost all altcoins... Read more…
Tech Updates
Hadada announces pre-seed funding to power its data infrastructure solution
Hadada, an Open Finance Fintech Startup, today announced that it raised an undisclosed amount in pre-seed funding. Read more…
Metro
Lagos fraudster withdraws N75,000 from PoS operator, deposits sachet water
Joy, who was recently employed, handed N75,000 to a customer identified as Victor, who left behind a bag containing five sachets of water. Read more…
Nick Jonas and Priyanka Chopra bring baby home after 100 days in intensive care
American singer Nick Jonas and his wife Priyanka Chopra have taken their baby home after spending more than three months in the intensive care unit. Read more…
Quote of the Day
Keep pushing the boundaries of the possible so that eventually the impossible becomes reality – Pejman Ghadimi