Herconomy Updates
Happy Children’s Day
How do you cultivate a Prosperity mindset in children? Start by teaching them great habits such as SAVINGS!
Here are some tips for teaching your child about money:
Help them define a savings goal.
Once a goal has been set, it’s time to start saving and dashboard.herconomy.com is a great place to start.
Keep them Motivated.
What better way to encourage your children than to motivate them?
With Herconomy interests available at the end of every month, you can show them how much they have made every month from their 10% or 8% interest per annum.
Herconomy in Abuja!!!
We are so excited!
Our very first Herconomy Open House in Abuja is today and we can’t wait to meet our Abuja community members. Come party with us today at the Lagos Bistro Abuja by 5 pm!
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.
Conference Report
Did you miss out on our Herconomy Conference and Gala night??
Check out some of the event highlights from the link below.
Partner Content
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Meet Our New Affinity Partner
Where are you taking the kids today?
Enjoy 15% off all meals and a special Children’s day menu with our newest Affinity partner; Choplife Restaurant. Premium seafood, pasta and lobsters are on the menu.
Visit their Instagram page here to make your orders.
Local Stories
Senator Aishatu Binani emerges first female guber flag bearer of major political party to win primaries
Senator Aishatu Binani has emerged winner of the Adamawa APC Governorship primaries held in the state... Read more…
FG says borehole drilling caused gas leak fire in Emene, Enugu State
The Federal Government has stated that the gas leak which caused a fire in the Emene area of Enugu state was caused by borehole drilling activities. Read more…
Abba Kyari again prays the court to grant him bail over death threats in prison
Abba Kyari, the suspended Deputy Commissioner of Police has for the second time, asked an Abuja division of the Federal High court to grant him bail. Read more…
APC primary: Court decides Jonathan’s fate today, ex-President gets waiver
A Federal High Court in Yenagoa, Bayelsa State, will on Friday (today) rule on the eligibility of former President Goodluck Jonathan to contest the presidential election even as The PUNCH learnt on Thursday that the Presidency cabal led by the President’s influential nephew, Mamman Daura, had thrown its weight behind Jonathan. Read more…
Osinachi: FG slams homicide charges against husband
The Federal Government has filed 23-count charges against Peter Nwachukwu, husband of late popular gospel artist, Osinachi, who died on April 8 after he allegedly assaulted her. Read more…
Governorship primaries: Fresh crisis hits APC, factions boycott polls, threaten suits
The All Progressives Congress governorship primaries held on Thursday deepened the crises in the party’s state chapters as some factions held parallel congresses while others boycotted the polls entirely. Read more…
JAMB withholds 69 UTME results, screens 27,105 again
The Joint Admissions and Matriculations Board on Thursday said it would further screen 27,105 results of candidates who wrote the 2022 Unified Tertiary Matriculation Examination. The board also noted that it had withheld 69 results so far. Read more…
Court strikes out case against five property company employees
An Ebute Metta Magistrate’s Court has struck out a case of conspiracy, forgery, and stealing brought against five employees of UACN Property Development Company Plc. Read more…
Gunmen kill three in Kogi, abduct govt official
A board member of the Hydroelectric Power Producing Areas Development Commission, Alhaji Isah Salami, has been kidnapped in Kogi State. Read more…
International Stories
The US hits Twitter with $150 mn fine over privacy breach
Twitter agreed to pay $150 million to settle allegations the platform gave advertisers some user information that was supposed to be employed to strengthen account security, US authorities said Wednesday. Read more…
Ketanji Brown, Oprah, Zendaya and Mia Mottley Make TIME 100 Mst influential List
Check out the highly anticipated list of Time's most influential people of the year 2022. No Nigerian made the list this year, unlike the past couple of years where the likes of Dr Ngozi Okonjo-Iweala and Davido have been featured. Read more…
China and Russia veto new UN sanctions on North Korea for the first time since 2006
Russia and China on Thursday vetoed a US-drafted United Nations Security Council resolution to strengthen sanctions on North Korea in a vote the US ambassador to the UN called dangerous, disappointing and likely to fuel Pyongyang's program to develop nuclear-capable missile systems. Read more…
Soldiers arrested on drug and money-laundering offences
Six soldiers and a veteran have been arrested on suspicion of drug, money-lending and money-laundering offences, the Ministry of Defence has said. Read more…
Brazilian man allegedly gassed to death in police car boot
The death of a black man who was forced into a police car boot where a gas grenade was set off has sparked outrage in Brazil. Read more…
Business Matters
Manufacturing trade deficit hits N2.6tn despite forex shortage
The value of the manufactured goods trade deficit was N2.6tn in the fourth quarter of 2021, according to data from the National Bureau of Statistics. Read more…
Mineral titles rise to 7200, mining agency makes N1.63bn
The Director-General of the Nigerian Mining Cadastre Office, Obadiah Nkom, has said the number of valid mineral titles in Nigeria is currently about 7,200. Read more…
Rural Electrification: GEF, UNDP kick-start $2.9m off-grid lighting project
THE Rural Electrification Agency with funding support from the Global Environment Facility and the United Nations Development Programme has kicked off a five-year rural electrification project. Read more…
Customs gives companies a 14-day ultimatum to register for payment of excise duty
The Nigerian Customs Service says that companies have a 14-day grace period with effect from May 27 to register for payment of excise duty or face sanctions. Read more…
CBN’s foreign reserve plunges further as exchange rate weakens across FX markets
The exchange rate between the naira and the US dollar closed at N418.88/$1 at the Investors and Exporters (I&E) window. Read more…
Electricity update: Power generation in Nigeria rise by 2.1% to 85.78GWh
Nigeria generated a total of 86.78GWh on Thursday, representing a 2.3% increase compared to 84.84GWh generated in the previous day. Read more…
Tech Updates
Crypto tsunami liquidates over 137K investors as market value drops to $1.2 trillion
A significant number of investors saw their crypto accounts liquidated amid selling pressures observed in the early hours of Saturday. Read more…
Twitter shareholders sue Elon Musk for manipulating the stock price
The shareholders of Twitter have sued billionaire Elon Musk for manipulating the price of the company’s shares downward through his comments after the $44 billion deal agreement. The shareholders in the lawsuit accused Musk of deliberately passing negative comments about Twitter to drag down its price on the stock market. Read more…
Metro
Goodfellas star Ray Liotta dies at 67
Goodfellas actor Ray Liotta has died. The famed actor reportedly passed on in his sleep in the Dominican Republic at the age of 67. Read more…
Quote of the Day
“The key to life is accepting challenges. Once someone stops doing this, he’s dead.”
—Bette Davis