Daily Juice
What are your weekend plans? Setting out your 2022 Goals maybe?
Herconomy Updates
Yaay! Our First Vision Boarding Event is Finally Here
Will you be part of the 50+ people who will be doing their vision boarding this Sunday? We can’t wait to get started.
What legacy are you leaving your children?
For so many of us, we banter every day about how difficult adulting is, and we daydream about having a Dangote or an Otedola type of wealth from our parents. Unfortunately, a good number of new parents and millennials are making the same mistake our parents made, when they tried their absolute best, but mostly prepared us for a world that no longer exists.
We are so caught up in the hustle and bustle of survival in this ever-changing, fast-paced capitalist world, that we forget to look out for the kids and get them ready for the world they will have to adult in, sparing them the momentous mindset changes that we had to endure.
There are so many ways to go about this type of education and miseducation, particularly in a country where our education sector might not be keeping up to date with the current realities.
This is why we organised the Herconomy Teenage Vision-Boarding event for the young adults who we owe the responsibility of preparing for the realities they will be facing in a few years.
Sign up your children and wards for this event today by clicking the button below.
Local Stories
Stolen Art: Nigeria and US Government sign agreement
The Nigerian Government and the United States Government signed a Cultural Property Implementation Act (CPIA) Agreement with the aim of reducing the flow of stolen ancient Nigerian art to the west. Read more…
NFF may retain Eguavoen as Eagles coach
The Nigeria Football Federation may retain Austin Eguavoen as full-time coach of the Super Eagles after it was learnt that the body was yet to sign a contract with Portuguese coach José Peseiro, read more…
ICRC says 2 inland dry ports to take off before July 2022 to ease port congestion
The congestion at Nigeria’s ports especially in Lagos might be easing soon as the Infrastructure Concession Regulatory Commission (ICRC) has said that the Katsina Inland Dry Port and the Dala Inland Dry Port, Kano are expected to be ready and commence operations before July 2022. Read more…
Abdulsalami, workers warn FG as NEC decides subsidy removal June
The National Economic Council has said it will take a decision on petroleum subsidy removal in June when the six-month period for subsidy payment in the 2022 budget elapses. Read more…
LASTMA probes officer’s attack on commercial bus, female passenger’s eye injured
A Lagos-based wig maker, Udoh Rejoice, may undergo surgery after she was injured in the eye during an attack on a bus by an official of the Lagos State Traffic Management Authority. Read more…
24-year-old undergraduate jailed over N74m Internet fraud in Kwara
A 24-year-old undergraduate of Kwara state University, Malete, Alonge Toyyib, was on Thursday sentenced to one-year imprisonment by Kwara State High Court over offences bordering on cybercrime and possession of fraudulent funds. Read more…
Humanitarian worker lures Borno 14-year-old IDP, rapes girl, victims stabs self, dies
A member of an international non-governmental organisation, Hussarf Abdurauf, 35, has been accused of raping and killing a 14-year-old Internally Displaced Person, Aishatu Adamu, in the Kaleri area of Maiduguri, Borno State. Read more…
Court orders ICPC to pay N10 Million to a public servant over malicious prosecution.
An Abuja division of the Federal High court has ordered the Independent Corrupt Practices and Other Offences Related Commission (ICPC) to pay the sum of N10 million to Mr. Ibe Emmanuel Ibe, a public servant, over malicious prosecution. Read more…
New bill proposes 10-year prison sentence for operators of Ponzi and pyramid schemes
The House of Representatives has passed a bill for the second reading, recommending a 10-year prison sentence for operators of Ponzi and pyramid schemes such as MMM. Read more…
AFCON 2021: Billionaire, Femi Otedola pledges $250,000 to Super Eagles
Billionaire investor, Mr Femi Otedola has stated that he has $250,000 in the bank for the Nigerian national football team, the Super Eagles, if they should bring home the African Cup of Nation’s trophy. Read more…
International Stories
Alec Baldwin sued by family of fallen Marine for $25 million for defamation and other allegations
Actor Alec Baldwin is being sued for defamation and negligence by the family of a fallen Marine after comments he made about one family member's presence outside the US Capitol on January 6, 2021, according to a suit filed Monday in the US District Court for the District of Wyoming. Read more…
Trump campaign officials, led by Rudy Giuliani, oversaw fake electors plot in 7 states
Trump campaign officials, led by Rudy Giuliani, oversaw efforts in December 2020 to put forward illegitimate electors from seven states that Trump lost, according to three sources with direct knowledge of the scheme. Read more…
Tech Updates
Morocco’s Chari valued at $100M in bridge round as it looks to pilot BNPL services
Moroccan B2B e-commerce and retail startup Chari confirmed to TechCrunch that it has secured a bridge round at a $100 million valuation. The bridge round welcomed new investors Khwarizmi Ventures, read more...
Business Matters
FMDQ delays reporting official exchange rate denying Nigerians of vital information
The major source for tracking the official exchange rate in Nigeria, the FMDQ, has stopped publishing the official (I&E Window) exchange rates on its website at the close of business, denying the public very vital information used for transactions. Read more…
IMF proposes $50bn trust fund for Nigeria and others.
In an effort to build resilience to balance of payments shocks, The International Monetary Fund (IMF) has proposed a $50bn trust fund for Nigeria and other low-income and vulnerable middle-income countries. Read more…
Bloodbath: 185,450 crypto investors lose all their funds as Bitcoin drops to $38K
Bitcoin plummeted by more than 7% in the last 24 hours, and was trading at $38,5K in the early hours of Friday. Read more…
As eNaira strives, US explores the pros and cons of CBDC
Nigeria took a bold step to become the first country to launch a CBDC in Africa. Following this advancement, numerous countries have increased their efforts to explore the CBDC area, and the United States is not far behind. Read more…
Metro
Louis Vuitton unveils Virgil Abloh's final collection at Paris Fashion Week
Louis Vuitton has unveiled the final collection by its late artistic director of menswear, Virgil Abloh. Read more…
Tearful Adele announces postponement of Las Vegas residency due to Covid among crew and 'delays'
Singer Adele has announced the postponement of her Las Vegas residency, one day before it was set to kick off, saying Covid has rendered it impossible to move forward. Read more…
Quote of the Day
“Rest and be thankful.”
― William Wordsworth