Herconomy Updates
Welcome to 2022!
We are super excited about all the amazing things we will be doing this year, and even more grateful for all we were able to achieve, with your help of course, throughout last year.
We look forward to an amazing year for every one of us, smashing our goals, breaking every barrier and living life to the fullest.
Have an amazing new year!
We Can’t Start the Year without thanking You!
Local Stories
Budget: National Assembly faults Buhari, insists on 6,576 extra projects
Members of the National Assembly have insisted on the amendments made to the 2022 Appropriation Bill, including the reduction of allocation to 10,733 projects and insertion of 6,576 new ones. Read more…
MKO Abiola’s challenger in 1993 election, Bashir Tofa, is dead
One of the leading candidates in the 1993 Presidential election, Alhaji Bashir Tofa, is dead.
He was 74 years old. Read more…
FG extends NIN-SIM verification to March 31 as NIN enrolments exceed 71 million
The Federal Government through the Minister of Communications and Digital Economy, Professor Isa Pantami, has approved a further extension of the deadline for the National Identification Number (NIN)-Subscriber Identity Module (SIM) data verification to March 31, 2022. Read more…
Buhari, eminent Nigerians mourn Olubadan, Balogun to mount throne
Oba Adetunji died on Sunday at the University College Hospital, Ibadan at the age of 93 and was buried at his palace located at Popoyemoja area of Ibadan later in the day. Read more…
Food crisis to worsen as bandits kill, kidnap 352 farmers in 12 months
At least 352 farmers have been killed and kidnapped in 12 months amid the rising insecurity in Nigeria, a tally by The PUNCH has shown. The 352 comprised 216 killed farmers and 136 kidnapped farmers. Read more…
FG owes five IOCs $1.15bn cash call arrears, clears $3.53bn debt
A total of $3.53bn has been paid by the Federal Government to five international oil companies as cash call arrears repayment to the IOCs, leaving an outstanding balance of $1.15bn. Read more…
Nigeria’s inflation rate may be among world’s highest in 2022 – World Bank
The World Bank has said Nigeria may have one of the highest inflation rates globally in 2022, with increasing prices diminishing the welfare of Nigerian households. Read more…
International Stories
Richard Leakey: Kenyan conservationist dies aged 77
Richard Leakey, a world-renowned Kenyan conservationist and fossil hunter has died aged 77. His groundbreaking work contributed to the recognition of Africa as the birthplace of humankind. Read more…
Sudan coup: Prime Minister Abdalla Hamdok resigns after mass protests
Sudan's Prime Minister Abdalla Hamdok has resigned after another day of mass protests rocked the capital Khartoum. Thousands marched against a recent deal he had done to share power with the army, who staged a coup in October. Read more…
South Africa parliament: Man arrested over massive fire
The suspect, who is not a parliamentary employee, will appear in court on Tuesday, facing charges of arson, housebreaking and theft, police said. Read more…
Tech Updates
Samsung plans to launch NFT feature for TVs
Samsung said that starting with its 2022 TV lineup, it would provide broad support for NFTs. Read more…
Business Matters
BDC operators urge the CBN to reconsider forex ban
The Association of Bureaux De Change Operators of Nigeria (ABCON), has urged the CBN to reconsider the ban to allow BDC operators receive diaspora remittances in 2022. Read more…
Global Islamic banking expected to hit $4.94 trillion by 2025 with Nigeria on the forefront
The global Islamic finance industry will continue to grow, with a total global asset value of $4.94 trillion expected by 2025, with Nigeria expected to play a major part in its growth. Read more…
Metro
Kanye West spotted on a date with actress Julia Fox
Kanye had previously hooked up with two models before hitting it off with Fox. Read more…
BBNaija's Omashola proposes to girlfriend underwater
Omashola is about to kiss bachelorhood goodbye. Read more…
Quote of the Day
“Happiness is like a butterfly; the more you chase it, the more it will elude you, but if you turn your attention to other things, it will come and sit softly on your shoulder.” — Henry David Thoreau