Herconomy Updates
Are You Looking Forward to Day 3?
The HerconomyXAmazon Recruitment Week has been going well so far, and today was even more insightful. Shout out to the over 500 people who joined us on ZOOM.
We all had our notes open all through as the Amazon recruiters Sakina Fazal and Marie-Laure Valmain broke down the interview requirements and expectations. Have you registered yet? Or do you want to miss the next session?
Simply attend via the ZOOM Link below.
Local Stories
SANs reject immunity for CJN, others as National Assembly votes today
Some Senior Advocates of Nigeria on Monday rejected the proposed immunity clause for the Chief Justice of Nigeria, the Speaker of the House of Representatives and the Senate President just as voting on the amendment to the 1999 Constitution begins on Tuesday (today). Read more…
Fuel scarcity: NEITI blames subsidy, ex-depot price hits N180/litre
The Nigeria Extractive Industries Transparency Initiatives, an agency of the Federal Government, on Monday, blamed the over three-week scarcity of Premium Motor Spirit, popularly called petrol, on the continued subsidy on PMS. Read more…
Ukraine-Russia war: FG to airlift 2,000 Nigerians, evacuation begins Wednesday
The Federal Government will from Wednesday begin the evacuation of about 2,000 Nigerians who have fled the war in Ukraine to neighbouring countries. Read more…
International Stories
Prove that you are on our side, Zelensky tells EU
Updates from BBC correspondents in Ukraine and the region: Orla Guerin, Lyse Doucet and James Waterhouse in Kyiv, Sarah Rainsford in Dnipro, Fergal Keane in Lviv, Steve Rosenberg in Moscow and Mark Lowen on the Polish border. Read more…
Nigeria emerges second most corrupt country in West Africa in 2021
A recent study ranks the country as the second most corrupt in West Africa (#154) out of 180 countries evaluated globally. Read more…
Ukraine: Russia doubles interest rates as ruble falls
Following the 30 per cent fall of the ruble amid Western sanctions, the Bank of Russia said, on Monday, that it raised key interest rate to 20 per cent from 9.5 per cent to help cushion the impact of the ruble’s slide. Read more…
Tech Updates
Trove Finance truly goes global with new app launch
In a virtual launch greeted with pomp and pageantry, Trove finance unveiled its new app Trove 2.0 and its new website. Read more…
Instagram to shutdown IGTV ads as it intensifies on helping creators make money
Instagram has said it is looking to back out in its support for in-stream video ads, previously known as IGTV ads. Read more…
Business Matters
Court orders CBN to pay N82 billion belonging to Mobil, NNPC as judgement debt to oil communities in Akwa Ibom
A court has ordered CBN to pay the sum of N82 billion judgement debt to oil-producing communities of Ibeno LGA of Akwa-Ibom State. Read more…
Naira falls to N580/$1 at black market as demand for FX surges
The exchange rate between the naira and the US dollar closed at N416.67/$1 at the official Investors and Exporters (I&E) window. Read more…
Oil-producing states in Nigeria receive N448 billion in 2021 as 13% oil derivatives
Oil-producing states in Nigeria received a sum of N448.67 billion as part of their 13% oil derivatives for the year... READ MORE
NNPC confirms IOCs exit, insists on gas development
The Nigerian National Petroleum Company Limited on Monday insisted that it would continue to develop Nigeria’s gas resources despite the exit of International Oil Companies from the country, read more…
Nigeria’s N993.38bn imports from Russia at risk over war
The value of Russia’s imports to Nigeria over 12 months period is estimated at N993.38bn, data from the National Bureau of Statistics have shown. Read more…
Metro
Morgan Freeman announces Davido's upcoming show at London's 02 arena
Morgan Freeman is Davido's voice-over artiste. Read more…
Comedian Lasisi Elenu loses mum
The popular skit maker described his mother as his number one fan. Read more…
Major movie studios halt Russia film releases
The moves come as major corporations cut business links with Russia after its invasion of Ukraine. Read more…
Quote of the Day
“Being honest may not get you a lot of friends but it’ll always get you the right ones.”
—John Lennon