Herconomy Updates
How Confident Are You in Your Investments?
This week, Lightbox is back and we will be having a gbas gbos session with Florence Warikam.
Florence will be speaking to us on the basic requirements for a robust Investment Portfolio.
Florence Warikam is a Fund/Portfolio Manager at FSDH Asset Management Limited with over 10 years of progressive experience. She is a Chartered Accountant (ACA) and has an MBA from the University of Lagos.
Florence is passionate about Investments and educating the public on investment decisions to grow their financial portfolios.
In her spare time, she loves good movies and volunteers in the theatre department and finance professionals community group of her local Church.
Join us tomorrow; the 14th of April by 8 pm.
Register to be a part of the ZOOM session here and get to ask all your pressing questions here.
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
Rejection of UTAS will elongate strike, says ASUU
The Academic Staff Union of Universities, Lagos Zone, has warned that the rejection of the University Transparency and Accountability Solution by the National Information Technology Development Agency will continue to elongate the strike action. Read more…
2023: APC excos dissociate self from Oshiomhole’s endorsement
Some executives of the All Progressives Congress in Edo North Senatorial District of Edo State have disassociated themselves from the purported endorsement of the former governor of the state, Adams Oshiomhole for senate. Read more…
FG to introduce an online tracking system for passport application
THE Federal Government will in May introduce a system online for the tracking and monitoring of passport applications. Read more….
PDP heads for court as APC sweeps Katsina LG poll
The Katsina State Independent Electoral Commission has declared the All Progressives Congress winner of Monday’s Katsina local government election. Read more…
Train attack: Terrorists lied they don’t want money –Kaduna
The Kaduna State Commissioner for Internal Security and Home Affairs, Samuel Aruwan, on Tuesday, disclosed that terrorists who attacked the Kaduna-Abuja train are demanding hundreds of millions of naira from families as ransom. Read more…
International Stories
China accuses the US of 'weaponizing' extended Shanghai lockdown
China has lashed out at the United States for ordering its consulate staff to leave the locked-down city of Shanghai, accusing officials of "weaponizing" the financial hub's failing attempt to contain the spread of Covid-19. Read more…
Putin's bullying backfires as Finland and Sweden edge closer to joining NATO
When Vladimir Putin launched his invasion of Ukraine, his goals were clear. He wanted to bring his neighbour to heel, assert Russian authority in Eastern Europe and make the West think twice about expanding militarily and politically toward Russia's borders. Read more…
Twitter users are exposing pro-Russian sentiment in China, and Beijing is not happy
Anonymous Twitter users are exposing the extreme nationalism and pro-Russian sentiment circulating online in China -- and Beijing is not happy about it. Read more…
Business Matters
Nigeria’s debt-to-revenue ratio worrisome, LCCI warns FG
THE Lagos Chamber of Commerce and Industry has warned the Federal Government that staying within the current debt-to-GDP threshold is an unreliable means of calibrating Nigeria’s current debt burden. Read more…
Nine banks made N554bn fees, the commission in 2021 –Reports
NINE major Deposit Money Banks in Nigeria raked in the sum of N554.23bn from fees and commissions in 2021. Read more…
Port Harcourt refinery to produce 60,000 barrels/day early 2023 – FG
THE Minister of State for Petroleum Resources, Chief Timipre Sylva, on Tuesday, said the April 2023 completion date for the rehabilitation of the Port Harcourt refinery was feasible and that the plant would refine 60,000 barrels of crude by early next year. Read more…
No equity in revenue formula, Bayelsa tells RMAFC, FIRS
THE Bayelsa State Government has called on the Revenue Mobilization, Allocation and Fiscal Commission and the Federal Inland Revenue Service to recalibrate the extant formula for sharing revenue in respect of oil and gas production in the country. Read more….
Tech Updates
Kenya has launched a 10-year digital masterplan
ICT CS Joe Mucheru has today launched Kenya’s Digital Masterplan 2022-2032 at the ongoing Connected Summit 2022 in Diani, Kwale County. Read more….
Flutterwave: The African Unicorn Built On Quicksand
On the night of Sunday, March 20, 2022, a particular WhatsApp group wouldn’t stop buzzing. Read more….
Metro
Rihanna & Her Growing Baby Bump Cover the Latest Issue of Vogue Magazine
In this issue, Rihanna opens up to Chioma Nnadi about fashion, romance, and what it’s like to carry the bump seen around the world. Plus, a small update on that long-awaited record. Read more…
266 domestic violence cases reported in Kano in 2022 – Rights commission
The Kano State office of the National Human Rights Commission has received 266 cases of domestic violence in the state from January to March 2022. Read more…
Osinachi: Suspect says wife ill before death, police visit house
Police officers from the Federal Capital Territory Command on Tuesday visited the residence of late gospel singer, Osinachi Nwachukwu, in the Lugbe area of Abuja. Read more…
Gunmen kidnap eight travellers, police begin a rescue operation
A commercial bus with eight passengers travelling along the Buguma/Degema/Abonema axis of the East-West Road, Rivers State, has been hijacked by gunmen. Read more…
Abuja security expert accuses DSS of torture, attempt on life, demands N1.5bn
A security expert, Mr Afolabi Solanke, has accused men of the Department of State Services in Apo, Abuja, of attempting to kill him. Read more…
Quote of the Day
You can have anything you want if you want it badly enough. You can be anything you want to be, do anything you set out to accomplish if you hold to that desire with singleness of purpose.
—Abraham Lincoln