Daily Juice
The reality of hunger in Nigeria; "High food prices’ll continue in Nigeria, others till 2023"–IMF.
Herconomy Updates
Herconomy Conversations!
It is important that we learn to balance out every aspect of our life.
With Herconomy conversations, we want to address the well being of women in our community.
Olawunmi is a certified sex therapist and psychotherapist who will be giving us an hour of her time to answer our deepest and most pressing questions.
Make it a date with us this evening by 5 pm on our IG LIVE!!
Her- Spaces!!
Are you tired of SCAM investments? Are you tired of investing wrongly?
Then join us on Twitter on the 27th of April by 8 pm as we break down all the issues and discuss on how to build a healthy investment portfolio.
Don’t forget to set your reminders!
Are you ready for your business to expand?
This month is all about finance and investments!
Our next Lightbox session is all about business owners and entrepreneurs.
How can you prepare your business for investments?
Our speaker and coach for next week is breaking down all you need to know.
Eniola Fashina is a skilled investment associate at The Chrysalis Co which houses The Chrysalis Capital, an emerging market-focused tech fund.
She has diverse industry experience in the technology industry, ranging across Fintech, Healthtech, Edtech, and Agtech.
So far, she has provided transaction advisory services to technology companies that have collectively raised over $450m.
Eniola is data-driven and keen on helping businesses unlock value.
Join us next Thursday as we get all the tea on how to make your business ready for investments.
Click on the link below and set the date!
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Share Your Stories With Us!
Dear subscriber, thank you for sticking with us through the years and reading all the news stories we have been sharing with you,
But for any community to thrive, we need to know more about you and share your stories.
We are starting a new segment called Community Spotlight and we should love to highlight all your wins and stories.
Kindly send us a DM on social media platforms or send an email to tolu@herconomy.com to share your stories!
We can’t wait to celebrate with you!
Partner Content
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Local Stories
2023: INEC budgets N239bn for poll materials, presidential run-off
The Independent National Electoral Commission will spend not less than N239.2bn on procuring voting materials and vehicles that will be used in the 2023 general election. Read more…
Confusion as LAWMA, LAGESC demolish approved property in Lagos
A businessman, Oladele Soneye, has accused officials of the Lagos State Environment Sanitation Corps and the Lagos Waste Management Authority of demolishing his car wash along the Lagos-Abeokuta Expressway, in the Abule Egba area of the state. Read more…
2023: Northern groups back southern presidency, endorse Udom Emmanuel
A coalition of political groups drawn from the 19 Northern states and Abuja, on Thursday, made a case for Southern presidency in 2023. Read more…
Easter advert: Sterling Bank’s penalty serves as a deterrent to others – APCON
THE Advertising Practitioners Council of Nigeria has said that it is currently reviewing relevant laws with a view to dispensing the stipulated punishment to Sterling Bank over its provocative and insensitive Easter Celebration advert. Read more…
2023: Abia businessmen to buy presidential forms for Lawan, Kalu
Two Abia businessmen are set to issue a N200m cheque for the Senate President, Ahmad Lawan, and the Chief Whip of the Senate, Orji Uzor Kalu, to purchase their APC presidential expression of interest forms. Read more…
Petrol tanker crashes, explodes, Lagos houses, property destroyed
A tanker said to be loaded with petrol has crashed and exploded at Ajegunle Bus-Stop, Alagbado, on the Lagos-Abeokuta Expressway. Read more…
Hajj: Pilgrims may pay N2.5m as Bayelsa, Imo, Rivers get zero allocation
The National Hajj Commission of Nigeria on Thursday said it had projected that Nigerian pilgrims may pay as much as N2.5 million to participate in the 2022 pilgrimage exercise. Read more…
International Stories
Google marks Earth Day with doodle
As a way of celebrating the day dedicated to environmental protection, Google Doodle icon for April 2, 2022 addressed climate change. Read more…
Russian troops use rape as 'an instrument of war' in Ukraine, rights groups allege
When Russian troops invaded Ukraine and began closing in on its capital, Kyiv, Andrii Dereko begged his 22-year-old stepdaughter Karina Yershova to leave the suburb where she lived. Read more…
A vitriolic election campaign marked by anti-Islam narratives has left many French Muslims feeling marginalized
Hiba Latreche took a last gulp of water and reached for a date, her eyes flitting between the plates of food before her and her phone screen as it blinked toward 5:42 a.m., the beginning of her fast. Read more….
Shanghai escalates Covid lockdown restrictions
Authorities in Shanghai have said they will tighten the enforcement of lockdown measures, as a Covid surge continues in China's financial capital. Read more…
Business Matters
Exchange rate falls big at I&E window as dollar supply slides by 17%
The exchange rate between the naira and the US dollar closed at N419.5/$1 at the official Investors and Exporters (I&E)... READ MORE
Gov. Sanwo-Olu says Google’s Equiano cable will add $10 billion to Nigeria’s GDP by 2025
The new Equiano cable system will deliver twenty times as much network capacity as any of the existing systems serving Nigeria. Read more…
Cooking gas price jumps by 83% in one year –NBS report
THE average retail price for cooking gas increased by 83.62 per cent from N2057.71 in March 2021, according to a new report by the National Bureau of Statistics. Read more…
Binance recovers $5.8 million linked to Axie Infinity hack
Binance has recovered $5.8 million worth of stolen funds originating from last month’s hack against Axie Infinity bridge, the Ronin Network. Read more…
Top bidders who want to purchase Abramovich’s Chelsea football club
Chelsea football club has been put up for sale after the UK government took over the club from its owner, Russian billionaire, Roman Abramovich. Read more…
High food prices’ll continue in Nigeria, others till 2023–IMF
The International Monetary Fund says the impact of the war in Ukraine is likely to sustain pressure on commodity prices, read more…
Oil price rises as OPEC projects steady demand growth
Brent, the global benchmark for crude oil, rose marginally in price on Thursday, as the Organisation of Petroleum Exporting Countries projected that the demand growth for oil would continue this year. Read more…
Tech Updates
Tofino Capital reaches first close of $10M fund to back startups in frontier markets
Tofino Capital, a venture capital firm targeting early-stage startups in emerging markets, has launched its $10 million fund. It is announcing the first close of this fund at $5 million and hopes t... Read more…
Metro
Elsa Majimbo, Little Simz, Obongjayar, and other Africans are set to premiere their short Documentaries at Tribecca Film Festival
Tribeca Film festival has recently unveiled its lineup of 150 features, short films, and documentaries. Read more…
Netflix announces plans to introduce cheaper ad-supported plans
The streamer’s latest move comes amid stiffer competition from rival platforms. Read more…
Snoop Dogg says his latest album made $21 million in the metaverse on the first day, and 34,000 downloads in the real world
In the same month, Music Business Worldwide reported that Snoop Dogg had sold $44 million worth of NFT stash box in five days. Read more…
Quote of the Day
“You can’t always outsmart your competition but you certainly can outwork them.”
– Pejman Ghadimi