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Herconomy Lightbox Session
How do you negotiate your finances during a period of unending inflation?
From rising business operations cost to salary earners barely being able to meet their needs; inflation has been biting hard all around the world.
Inemesit Dike Esq. will be taking us through some of the ‘Dos and Don'ts’ of navigating inflation for both business owners and salary earners.
As an authority in Corporate Governance, Labour Law and Human Resources Management; Inemesit will be walking us through some of the Negotiables and Non-negotiables that you can work on to make the best of your finances during this period.
Join us by 8 pm Tomorrow and come get some tips from a professional on the non-negotiables you should never compromise during inflation.
Click on the link below to pre-register.
Her-Spaces
Have you ever wondered how Nigerian women have been surviving high inflation rates?
Join us on twitter this Friday by 8 pm and share your experience with us.
Don’t forget to set a reminder and share on your timeline as well.
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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
Tinubu wins APC presidential ticket
The former Lagos State Governor, Bola Tinubu has been announced the winner of the All Progressives Congress, APC, primary elections. Read more…
Consensus fails, 14 aspirants on the ballot for APC presidential ticket
The big moment for the governing All Progressives Congress (APC) came last night. Read more…
Troops kill over 10 terrorists, seize three gun trucks in Borno
The Theatre Commander, Operation Hadin Kai (OPHK), Maj-Gen. Christopher Musa has said that over a dozen Boko Haram terrorists were killed in the Lawan Minari axis, Konduga Local Council along Maiduguri/Damaturu road in Borno State. Read more…
IPOB raises the alarm over the alleged plan to seize guns in South East
Indigenous People of Biafra (IPOB) has raised the alarm over the alleged plan by the Nigerian Army to commence confiscation of local guns in the South East. Read more…
Talks with FG panel over strike fruitless – SSANU
The Joint Action Committee of the Senior Staff Association of Nigerian Universities and Non-Academic Staff Union of Educational and Associated Institutions has said no tangible achievement was recorded at the Federal Government Renegotiation Panel. Read more…
24 arrested in Nasarawa as IGP sets up electoral crime desk
Twenty-four political thugs have been arrested by officers of the Nigeria Police Force in a hotel, Minki Suites, along Keffi-Akwanga road, Nasarawa State, acting on credible intelligence. Read more…
EFCC storms venue of APC special convention and presidential primaries
There are reports that no fewer than 20 operatives of the Economic and Financial Crimes Commission (EFCC) have stormed the Eagle Square, the venue of the ongoing Special Convention and Presidential Primary of the ruling All Progressive Congress (APC), taking strategic positions in the process. Read more…
Senator Gaya says Tinubu, and Osinbajo are now the only APC presidential aspirants, as others allegedly step down
Senator Kabiru Gaya, the Director-General, of the Yemi Osinbajo Campaign Organisation has said that the list of presidential aspirants in the All Progressives Congress (APC) has been reduced to two, Bola Tinubu and Vice President Yemi Osinbajo. Read more…
Police arrest 8 suspects for allegedly trying to defraud FG of $2 billion
Eight suspects who attempted to defraud the Federal Government of Nigeria for $2 billion have been arrested by the Nigerian police force. Read more…
Ondo Governor says 22 persons confirmed dead from St. Francis Catholic Church attack
The Governor of Ondo State, Rotimi Akeredolu has stated that there were 80 victims from the terrorist attack on St. Francis Catholic Church, Owo, Ondo State, revealing that 56 are on admission, two discharged, while the death toll is 22. Read more…
#APCPrimary: I will fight terrorism, and insecurity to end Tinubu
The National Leader of the All Progressives Congress (APC), Bola Tinubu, has promised to fight terror to the very end if elected as the 16th President of the Federal Republic of Nigeria. Read more…
International Stories
World Bank announces nearly $1.5 billion in additional funds for Ukraine
The World Bank has approved $1.49 billion of additional financing for Ukraine, the institution said in a statement Tuesday. Read more…
Ukraine war: Angela Merkel defends her record on Putin
Former German Chancellor Angela Merkel has defended her record on handling Vladimir Putin in her first major interview since leaving office. Read more…
World Bank warns of recession risk due to Ukraine war
Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank has warned. Read more…
Breakthrough for cancer treatment as US drug trial records ‘success’
A United States, US, drug trial involving cancer patients has reportedly recorded 100 per cent success. Read more…
Binance CEO, Changpeng Zhao, respond’s to Reuters money laundering allegations
Binance, the world’s largest crypto exchange by volume, has reacted to allegations of money laundering made by Reuters. Read more…
Business Matters
Metaverse tokens are still up 400% year-on-year
Despite the market downturn that we have experienced in the first five months of 2022, we are still seeing the metaverse space being the best performer in terms of price appreciation. Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by approximately 400% year on year. Read more…
Naira falls to N420/$1 at the I&E window despite moderations at the parallel market
The exchange rate between the naira and the US dollar closed at N420.75/$1 at the Investors and Exporters (I&E) window. Read more…
Insecurity: Foreign investment in agric sector tumbles by 99%
Capital importation into Nigeria’s agriculture sector tumbled by 99.23 per cent from $237.83m in the fourth quarter of 2021 to $1.76m in the first quarter of 2022. Read more…
Nigeria’s public debt climbs by N2.04tn in Q1
The Debt Management Office said on Tuesday that Nigeria’s total public debt stock increased to N41.60tn in the first quarter of 2022 from N39.56tn as of December 2021. Read more…
Nigeria’s imports from China rose by 183.91%, and debts hit $3.67bn
Nigeria’s imports from China rose by 183.91 per cent from N530.98bn in the first quarter of 2018 to N1.51tn in Q1 2022. Read more…
Tech Updates
EU Parliament to force Apple to use USB-C charger for iPhones by 2024
European lawmakers have agreed on a new rule that will force all smartphones, tablets, and headphones, including Apple’s iPhones to use USB-C for wired charging. The EU Parliament says this is to ensure that consumers will no longer need a different charging device and cable every time they purchase a new device and can use one charger for all small and medium-sized portable electronic devices. Read more…
African-owned startups, Chipper Cash and Esusu make Forbes Fintech 50 list of 2022
Two African-owned startups, Chipper Cash and Esusu have been listed on the Fintech 50 list of 2022 by Forbes. Read more…
Metro
Nigeria’s box office rakes in N653m revenue for May
The Cinema Exhibitors Association of Nigeria (CEAN) on Tuesday said that it generated N653 million from tickets sold across the country in May. Read more…
Social media comedienne, Madam Social, is dead
The social media comedienne, Madam Social, is dead. She died on Tuesday, 7th of June, 2022. Read more…
Quote of the Day
"Clarity precedes success."
—Robin Sharma