Herconomy Updates
The Herconomy Enterprise Challenge is coming with a twist!
The Herconomy Enterprise challenge is still on, all the way into January 2022. We have an amazing twist to this year’s Challenge.
Have you applied yet? Click here to apply now!
If you have any questions or concerns, please send an email to info@herconomy.com, reach out to us on Instagram or reply to this email.
Local Stories
Verification: FG introduces digital token to replace 11-digit NIN
The Federal Government plans to introduce digital token comprising 16 alphabets and numbers to replace the current 11-digit National Identity Number effective January, 2022, it has been learnt. Read more…
Midnight fire guts Bauchi’s major foodstuff market, destroys goods worth millions of naira
Several structures and goods amounting to millions of naira have been destroyed by a midnight fire that gutted a section of the popular Muda Lawal foodstuff market in Bauchi. Read more…
Electoral Act amendment bill: Senate backs down on overriding Buhari, refers bill to constituents
THE Senate on Wednesday failed to override the veto of the President, Major General Muhammadu Buhari (retd.), on the Electoral Act Amendment bill. Read more…
Kaduna earmarks over N4b to uplift the poor
The Kaduna State Government will be launching a social investment programme with over N4 billion provided for the poor people across the 23 local government areas of the state, read more…
Pregnant women protest closure of ante-natal services in Edo hospital
Aggrieved pregnant women, yesterday, protested the closure of ante-natal care services at the Central Hospital, Benin City. Read more…
Nnamdi Kanu: Don’t treat treasonable cases with kid gloves – Gen Haruna tells Buhari
A former Nigerian Minister of Culture and Information during the military era, General Ibrahim Bata Malgwi Haruna, read more…
Police, bulldozers withdraw from Magodo estate as govt intervenes
THE gates of Phase 2, Magodo Estate, in Lagos, have been reopened after a siege laid by Police officers in a move to demolish some houses in the area. Read more…
International Stories
Pfizer’s Covid pill, Paxlovid, receives FDA’s authorization as first oral antiviral pill
The U.S Food and Drug Administration has given emergency authorization to Pfizer’s Covid treatment pill and could be available to patients as early as the weekend. Read more…
Pillar of Shame: Hong Kong's Tiananmen Square statue removed
A famous statue at the University of Hong Kong marking the Tiananmen Square massacre was removed late on Wednesday. The statue showed piled-up corpses to commemorate the hundreds - possibly thousands - of pro-democracy protesters killed by Chinese authorities in 1989. Read more…
Libya elections: Delay called for in presidential poll
Libya's election commission has called for the country's first presidential poll, due to take place on Friday, to be postponed for a month. Read more…
Tech Updates
Scorefam’s record-breaking campaign: The MVP launch that hit 67,192 users within 48 hours
Scorefam begins its private sale round (17th December - 31st December) Read more…
Business Matters
MTN Plc share price declines by 1.34%, takes market value down by N50.89 billion
At the end of today’s trading session, MTN Nigeria Plc share price depreciated by 1.34% to close at N183.50 per share, taking the market capitalization from N3.77 trillion to N3.74 trillion. Read more…
Petrol subsidy rises, hits N1.16tn in 11 months
The amount spent on subsidising Premium Motor Spirit, popularly called petrol, rose to N1.16tn between January and November this year, the latest data from the Nigerian National Petroleum Company Limited show. Read more…
FG rakes in N2.56tn from petrol, kerosene, diesel sales in 13 months
The Nigerian National Petroleum Company Limited on Wednesday announced that it earned N2.56tn revenue from the sale of white products (petrol, kerosene, diesel) in about 13 months. Read more…
NCAA shuts down Globacom Abuja base station over N5 billion debt
The Nigerian Civil Aviation Authority has shut down a base station owned by telecoms company, Globacom, in Wuse 2 Abuja over a debt to the tune of N5 billion. Read more…
Exchange rate closes flat at official window as oil price rebounds above $75
The exchange rate between the naira and the US dollar closed at N415.1/$1 at the official Investors and Exporters (I&E) window. Read more…
Metro
Oscars 2022: Academy unveils shortlist in 10 categories, African films fail to make IFF category
No African country made the shortlist for the Best International Feature Film category. Read more…
Cardi B gifts Offset $2 million for his birthday
Cardi B and her hubby are known for spoiling each other with expensive gifts. Read more…
One way: Lagos motorist demands N10m compensation for impounded car
A motorist, Adeolu Oyinlola, has demanded the sum of N10m as compensation from the Lagos State Government over the seizure of his vehicle by the Lagos State Environmental and Special Offences (Enforcement) Unit, aka task force. Read more…
Quote of the Day
“I believe every human has a finite number of heartbeats. I don’t intend to waste any of mine.” —Neil Armstrong