Daily Juice
Customs impound 10,865 kegs of petrol at Seme
Herconomy Updates
Her-Spaces
Have you ever wondered how Nigerian women have been surviving high inflation rates?
Join us on Twitter today by 8 pm and share your experience with us.
Don’t forget to set a reminder and share it on your timeline as well.
We’ve Got an Amazing New Investment Opportunity for You!
Herconomy Heights is an ultra-modern estate development consisting of 14 two-bedroom maisonettes.
Our goal is to ensure more women gain access to affordable real estate opportunities globally and this is our first step to fulfilling that mission.
For more enquiries; send an email to info@herconomy.com.
Do You Have Your PVC?
2023 is another election year, and we are barely 6 months away!
While online voter registration has closed, you can still register in person at the closest registration booth to you.
Visit the INEC portal here to check your registration status and other details.
DO NOT CARRY OUT DOUBLE REGISTRATION!!! If you are already registered, you might only be required to update your profile.
Local Stories
FG declares Monday a public holiday to mark Democracy Day
The Federal Government has declared Monday, June 13, a public holiday in commemoration of Nigeria’s Democracy Day which comes up on June 12. Read more…
Atiku’s running mate: PDP raises panel as Wike, Okowa lobby for VP slot
On Thursday, the All Progressives Congress and the Peoples Democratic Party stepped up moves to choose running mates for their presidential candidates. Read more…
Tinubu pays surprise visit to Osinbajo
Thursday, the presidential candidate of the All Progressives Congress, Asiwaju Bola Tinubu, visited the Vice President, Prof. Yemi Osinbajo. Read more…
Buhari says APC primaries most peaceful in the history of Nigeria’s democracy
The office of President Muhammadu Buhari stated that the just concluded presidential primary of the All Progressives Congress (APC) is one the most competitive and peaceful in the history of Nigeria’s democracy. Read more…
Customs impound 10,865 kegs of petrol at Seme
The Nigeria Customs Service, Seme Command, said it impounded 10,865 jerrycans of Premium Motor Spirit with a Duty Paid Value of N65.6 million from January 2022 to date. Read more…
FG to initiate legislation on climate change, says minister
The Federal Government says it is working with the National Assembly to initiate legislation that will adequately address deforestation, industrial pollution and other climate change-related activities. Read more…
ASUU strike: Bola Tinubu promises 25% budgetary allocation to education
The Presidential candidate of the All Progressives Congress, APC, Asiwaju Bola Tinubu has rolled out his Nigeria Economic Agenda which could address the persistent strike embarked on by the Academic Staff Union of Universities, ASUU, as he has promised to allot 25% of the budget to education. Read more…
Uproar as hoodlums attack Igbo traders who shut down shops to register for PVC in Lagos
There was a mild drama on Thursday at Alaba International Market, Ojo, Lagos after Igbo traders who had shut down their shops to register for PVC were attacked by hoodlums. Read more…
International Stories
January 6 hearing: Trump accused of an attempted coup
Former US President Donald Trump orchestrated last year's Capitol riot in an "attempted coup", a congressional inquiry has been heard as a hearing opened into the raid. Read more…
The UK warns of major cholera outbreak in Mariupol
There's a shortage of fresh water and medical facilities in Mariupol and the city is at risk of a major cholera outbreak, the UK's Ministry of Defence says. Read more…
Panic buying in Shanghai as mass testing notices spark fears of new lockdown
Shanghai will carry out Covid-19 testing on more than half of its 25 million residents this weekend, fueling fears of a return to more stringent restrictions just days after the financial hub emerged from two months of painful lockdown. Read more…
Torrential rains kill dozens in southern China as climate change amplifies flood seasons
Torrential rains in southern China have killed at least 32 people, impacted millions of residents and caused billions of yuan in economic losses, as the country grapples with increasingly devastating flood seasons fueled by climate change. Read more…
US and Chinese defence ministers begin meeting in Singapore
US Defense Secretary Lloyd Austin and Chinese Minister of National Defense Gen. Wei Fenghe have begun meeting at a major defence summit in Singapore. Read more…
NASA is assembling a team to gather data on unidentifiable events in the sky
NASA is putting a team together to study unidentified aerial phenomena, popularly known as UFOs, the US space agency said Thursday. Read more…
Business Matters
Tier-1 Nigerian banks lose a combined market value of N28 billion in one day
As the local bourse, the Nigerian Exchange Group (NGX), closes negative for the second consecutive trading day, quoted Tier-1 banks lost a combined market value of N28.35 billion in a day, weighing down the stock market’s overall performance. Read more…
Airlines recorded a 116% increase in traffic in April 2022
Air Peace and other airlines’ traffic across Africa increased by 116.2% in April 2022 compared to a year ago in March 2021. Read more…
Investors trade N687bn fixed-income assets on NGX
Investors traded N6877.1bn worth of fixed income assets on the Nigerian Exchange Limited in May when its market capitalisation increased to N22.44tn from N21.75tn reported in April. Read more…
NNPC makes N1.7tn from crude sales in 12 months
Revenue made by the Nigerian National Petroleum Corporation from crude oil sales in one year has been put at N1.7trn. Read more…
Nigerians beat CBN restrictions, trade N78bn Bitcoin in three months
Nigerians traded at least N77.75bn ($185m) worth of Bitcoin in the first three months of the year despite the Central Bank of Nigeria’s restrictions on cryptocurrency transactions in the country. Read more…
Tech Updates
Microsoft to Disclose Pay Ranges for All U.S. Job Postings
Microsoft Corp. has said it would publicly disclose salary ranges for all job postings in the U.S., becoming one of the first major employers to take such a step amid new requirements from some local officials for pay transparency. Read more…
Metro
Jack Dorsey and Jay-Z partner to launch Bitcoin educational program
Legendary rapper and inducted Rock & Roll Hall of Famer, Jay-Z, joins forces with the founder of Twitter and Cash App, Jack Dorsey, to launch “The Bitcoin Academy,” an educational program advocating for the democratic vision that “education is power.” Read more…
Quote of the Day
"Success is not final, failure is not fatal: it is the courage to continue that counts."
—Winston Churchill