Herconomy Updates
Our Event is Tomorrow! Who’s Your FAVE?
We are ready for all our guests tomorrow!
Guys, just check out our partner brands who will be treating you tomorrow! It really is going to be a fantastic time tomorrow! Can’t wait.
Shout out to all those who have come to pick up their tickets, we can’t wait to see you again tomorrow and to those who plan to dazzle us tomorrow with the Futuristic Glam, bring it on!
Local Stories
FG bans direct farmers, foreigners trade, demands agents
The Federal Government on Wednesday in Abuja banned any direct purchase of farm produce involving indigenous farmers and foreign nationals. Read more…
Electoral bill: Malami, Amaechi barred from primaries, Senate rejects Buhari’s request
The Attorney-General of the Federation, Abubakar Malami; the Minister of Transportation, Rotimi Amaechi; the Minister of Labour and Employment, Chris Ngige; read more…
International Stories
Ukraine war: No progress on ceasefire after Kyiv-Moscow talks
A first round of talks between the foreign ministers of Russia and Ukraine has failed to yield progress on a ceasefire, Ukraine says. Read more…
Ukraine war: Roman Abramovich sanctioned by UK
Chelsea FC owner Roman Abramovich has been sanctioned by the UK government as part of its response to Russia's invasion of Ukraine.
He is one of seven oligarchs to be hit with fresh sanctions, including asset freezes and travel bans. Read more…
Tech Updates
These women are building Africa’s neobank for the supply chain industry
When Nkiru Amadi-Emina and Ijeoma Akwiwu met at a birthday party in Abuja, Nigeria, they knew they’d make good friends; what they didn’t know was, they would make good co-founders as well. Read more…
Business Matters
Again, LIRS reaffirms March 31 deadline for filing annual tax returns
The LIRS has urged all individual taxpayers under the PAYE Scheme to file their Annual Tax Returns on or before 31st March 2022. Read more…
Companies can now submit their Corporate Governance code reports virtually
With effect from April, the Council will neither accept physical hard copies nor emails for the NCCG Compliance Report. Read more…
Naira maintains stability across FX markets despite fear of devaluation
The exchange rate between the naira and the US dollar closed at N416.5/$1 at the official Investors and Exporters (I&E) window. Read more…
Aviation fuel: Airfare hikes loom as marketers predict N700/litre
BARELY 24 hours after the price of aviation fuel rose by 35 per cent from N430/litre to N580/litre, oil marketers on Wednesday predicted that the price of the product might hit N700/litre by next week if the global crude oil price continued to fluctuate. Read more…
IOCs’ exit stalls Nigeria’s ability to meet OPEC quota – FG
The Federal Government on Wednesday said its inability to meet the oil production quota allocated to Nigeria by the Organisation of Petroleum Exporting Countries was due to the lack of investments in the oil and gas sector of the economy. Read more…
5G: Telcos mull phased rollout, fear consumers’ weak purchasing power
TELECOMMUNICATION companies may delay the commercial rollout of fifth-generation technology due to the weak purchasing power of their customers as a result of inflation. Read more…
Oil posts largest daily decline in 2 years as major benchmarks lose over 10%
The prices of the black liquid declined after the UAE stated that it supported pumping more oil into the market as prices rose to multiyear highs. Read more…
Diesel prices hit N630 per litre as filling stations hoard product
The average cost of diesel has risen to about N625 per litre in some of the filling stations that are willing to sell in Lagos State. Read more…
Metro
Come Party With Your Faves!
Come Party with Fave, Bovi, Taymesan, Anto Lecky, Nicole Chikwe, Chioma Ikokwu (Chioma Good Hair), Tricia Biz, Bunmi George, and the queen of entrepreneurship; Naija Brand Chick.
So excited!
Quote of the Day
"The soul’s joy lies in doing.”
—Percy Bysshe Shelley