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Do you live in Lagos? Get ready for some traffic in the coming weeks

Herconomy
Jan 17, 2022
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Herconomy Updates

Teenage Vision Boarding

When did you start getting conscious about the future?

While there is no timetable for achievements, we all know that the world is evolving and allowing younger people to achieve more.

It’s never too early to teach your kids about the importance of clear goals. Setting your goals, putting them to paper and in front of the eyes is the first step towards completion.

Register for your wards and children here.

Local Stories

Lagos State to partially close Marina bridge for repairs till April 2

The Lagos State Government has announced that it will partially close the Marina bridge from Monday 17th of January to Saturday, 2nd of April, 2022 for emergency repair works on the infrastructure. Read more…

2023: Women group urges AfDB President Adesina to contest presidency

A group of women activists, under the aegis of Women for Secured Nation, have urged the president of the African Development Bank, Dr Akinwumi Adesina, to run for the office of Nigerian President in 2023. Read more…

Eagles pocket $10,000 each for Egypt, Sudan wins

Super Eagles players will receive $10,000 each for the victories over Egypt and Sudan at the ongoing Africa Cup of Nations in Cameroon, our correspondent has learnt. Read more…

Super Eagles to introduce new players against Guinea Bissau

Super Eagles Interim Coach, Austin Eguavoen, has revealed that he will introduce some of the players that have not featured in the ongoing Africa Cup of Nations in Nigeria’s line up for the last Group D match against Guinea Bissau on Wednesday.  Read more…

Lagos to divert traffic on Dopemu Road for three months

The Lagos State government has said it will divert traffic on Dopemu Road in Agege area of the state for a duration of three months. Read more…

FG distributes 80 laptops to female farmers, empowers widows

The Federal Government has distributed 80 laptops to female farmers trained in Information and Communication Technology and modern agricultural practices as well as empowered widows and the vulnerable in the South-South region. Read more…

International Stories

Texas synagogue siege: Teens held in UK as Briton named as hostage-taker

Two teenagers have been arrested in England as part of the investigation into a hostage-taking incident at a synagogue in Texas on Saturday. Read more…

Tonga tsunami: Major damage reported amid communications black out

Significant damage has been reported after a tsunami hit the Pacific island nation of Tonga, but communications problems are making getting the full picture difficult. Read more…

Amid repeated economic shocks, China’s economy grew by 8.1% in 2021

Despite a series of economic shocks in the second part of last year, such as; power outages, defaults as a result of a slow-moving housing and property crisis, and Covid-19 outbreaks, in 2021, China’s economy grew by 8.1%. Read more…

Tech Updates

Fintech Farm nabs $7.4M to launch neobanks in Nigeria and other emerging markets

Fintech Farm, a newly launched fintech startup based in the U.K. that creates digital banks in emerging markets, confirmed to TechCrunch today that it has raised $7.4 million in seed funding. The c... read more

Ghanaian fintech Float raises $17M seed to power cash flow for commerce in Africa

Cash flow is a major pain point for small businesses in Africa. Long payment cycles, which can take 30-90 days after services or products have been rendered, and little or no capital, of which rese... Read more…

Business Matters

Foreign inflows fall by 32%, UK, South Africa, others slash Nigeria investments

The Central Bank of Nigeria has disclosed that capital importation into the country fell by 32 per cent to $500m in October 2021, from $660m recorded in September. Read more…

Fuel subsidy crisis: States kick as NNPC continues deductions, FAAC meets Wed

There are strong indications that state and federal governments are again on a collision course as the Federation Account Allocation Committee holds its first meeting in 2022 on Wednesday. Read more…

Nigeria’s debt stock hits N39.6tn in 11 months

The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021, The PUNCH has learnt. Read more…

NNPC to shed some toxic liabilities, to become largest, most capitalized company in Africa – GMD

The Group Managing Director/Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, read more…

Metro

Fireboy and Ed Sheeran hit No. 1 in the UK with 'Peru'

Its video currently has 19m views on YouTube. Read more…

Kanye West says Kim Kardashian prevented him from attending daughter's birthday

Kim and Kanye's second daughter, Chicago, turned four on Saturday, Jan 15, 2022. Read more…

Paramount Pictures will produce Tomi Adeyemi's 'Children Of Blood And Bone'

Paramount Pictures has acquired the Rights to Tomi Adeyemi's Best-Selling YA Book Series 'Children Of Blood And Bone.' Read more…

Mo Abudu responds to criticism of 'Chief Daddy 2'

The media mogul says 'she has heard the voices of the critics loud and clear.' Read more…

Quote of the Day

“You are never too old to set another goal or to dream a new dream.”
— Malala Yousafzai

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