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
New Year celebrations: Experts project high infection rate as Nigerians shun protocols at fun spots
Medical experts have warned that Nigeria risks a further surge in COVID-19 cases following complete disregard for safety protocols at crowded fun spots, including beaches, during the New Year celebrations. Read more…
Sustain bombings, force terrorists to surrender, ACF tells military
The pan-Northern socio-political organisation, Arewa Consultative Forum, has hailed the military onslaught which led to the death of two bandits, Alhaji Auta and Kachalla Luga, in Zamfara State. Read more…
Sanwo-Olu says Opebi-Mende link bridge, 4th mainland bridge projects to commence 2022
The Lagos State Governor, Babajide Sanwo-Olu, has reiterated the plan by the state government to commence the construction on the Opebi-Mende link bridge and the 38-kilometre 4th mainland bridge. Read more…
International Stories
Theranos founder Elizabeth Holmes has been convicted of defrauding investors after a months-long landmark trial in California.
Prosecutors said Holmes knowingly lied about technology she said could detect diseases with a few drops of blood. Read more…
Prince Andrew accuser Virginia Roberts Giuffre's 2009 settlement with Jeffrey Epstein released
A 2009 settlement agreement between sex offender Jeffrey Epstein and Virginia Roberts Giuffre -- the woman who accused him of sexual abuse and of trafficking her to Prince Andrew and other men -- was unsealed Monday. Read more…
South Africa parliament fire flares up again
A devastating fire which swept through South Africa's parliament in Cape Town reignited just hours after it was said to be under control. Read more…
Concern over teacher shortages as new term starts
Millions of pupils in England and Northern Ireland are back to school today - but there are concerns Omicron may cause staff shortages. Read more…
Business Updates
Elon Musk worth over $300 billion, gains $34 billion in a day as Tesla shares explode by 14%
The Bloomberg Billionaires Index has shown that Elon Musk, by far the world’s richest billionaire, increased his wealth by $33.8 billion to $304.2 billion on Monday. On the list, Jeff Bezos is ranked second with a fortune of $196 billion. Read more…
Customs, Immigration, 13 others fail to remit N127.1bn – Audit report
The Office of the Auditor General of the Federation has disclosed that 15 Ministries, Departments, and Agencies failed to remit N127.13bn revenue to the Consolidated Revenue Fund between 2017 and 2019. Read more…
Nigeria’s debt vulnerable, costly, alerts World Bank
The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. Read more…
N188.64bn generated at Onne Port in 2021, say Customs
The Area ll Command of the Nigeria Customs Service in Onne Port has said it collected N188.64bn from January to December 2021 in revenues, compared to the N69.68bn it generated in 2020. Read more…
Ishaku pledges to support new works, housing junior minister
The Taraba State Governor, Darius Ishaku, on Monday, pledged to support the new Minister of State for Works and Housing, Mu’azu Sambo, to enable him to succeed in his assignment in the interest of the state and the nation. Read more…
Tesla posts record electric vehicle sales
Tesla bucked the industry-wide trend of reduced sales due to the shortage of computer chips and other parts, posting record sales in the fourth quarter, up 71 per cent from a year earlier. Read more…
Apple becomes first company to hit $3 trillion market cap
Apple has become the first company to reach a market capitalization of $3 trillion, rising $1 trillion in less than 16 months as the coronavirus pandemic turbocharged big techs. Read more…
Metro
Police debunk reports of attempted kidnap of singer, Teni in Rivers State
Sporadic gunshots cut short the music star's performance during a show in Rivers State. Read more…
Quote of the Day
“You choose the life you live. If you don’t like it, it’s on you to change it because no one else is going to do it for you.” – Kim Kiyosaki