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
Amotekun combs South-West forests for fleeing North-West terrorists
South-West states on Thursday said they had put the regional security outfit, Amotekun, on the alert following renewed attacks by killer herdsmen and terrorists in Ondo State. Read more…
NDLEA grills socialite, Obi Cubana, for alleged drug links
The National Drug Law Enforcement Agency on Thursday grilled socialite, Obi Iyiegbu, popularly known as Obi Cubana, for his alleged link to the illegal narcotic business, read more…
International Stories
Novak Djokovic: Australia cancels tennis star's visa
Australia has revoked tennis star Novak Djokovic's visa for a second time in a row over his right to remain in the country unvaccinated. Read more…
Prince Andrew loses military titles and use of HRH
The Duke of York's military titles and royal patronages have been returned to the Queen, Buckingham Palace has said. Read more…
Former child prodigy Ruth Slenczynska will release a new album at the age of 97
Former child prodigy Ruth Slenczynska is to release a new album at the age of 97, after signing a deal with the Decca record label. Read more…
Tech Updates
Kenyan BNPL startup Lipa Later raises $12m to expand across Africa
Lipa Later, a Kenyan buy-now-pay-later (BNPL) company, has raised $12 million pre-series A to expand across Africa. This brings the company’s total funding to about $16 million to date. Read more…
Business Matters
IMF advises Nigeria, others to allow currency depreciation
In reaction to tighter financial conditions and an impending policy tightening by the Federal Reserve Bank of the United States, the International Monetary Fund has encouraged emerging economies, including Nigeria, to allow their currencies to depreciate. Read more…
Diesel hits N350/litre, surges by 56% in one year
The price of Automotive Gas Oil, also known as diesel, has increased further to N350 per litre in some filling stations in Lagos. Read more…
Google will spend £730m to 'reinvigorate' its UK offices
Google is backing a return to the office with an investment that will expand its UK capacity by 50% and "reinvigorate" the work environment. Read more…
US dollar posts highest weekly loss since May 2021
As of Friday morning in London, the dollar was down, settling for its biggest weekly loss in eight months. Read more…
NLNG suspends cooking gas export, channels 100% to domestic market
The Nigeria LNG Limited announced on Thursday that its board of directors had approved the supply of 100 per cent of the Liquefied Petroleum Gas (butane and propane) produced by the company to the Nigerian market. Read more…
Tether freezes over $160 million worth of USDT on Ethereum blockchain
Tether, the issuer of the most capitalized stablecoin with a market capitalization of $78.4 billion, has added three Ethereum addresses, holding more $160 million worth of the USDT stablecoin between them, to its blacklist. Read more…
World’s richest billionaire, Elon Musk loses $18 billion in a day on Cybertruck delay
Tesla shares fell on Thursday, and the world’s richest man, Elon Musk, lost $17.7 billion in just one day. Read more…
GDP: Financial Services industry to grow 8.32% in 2022 – Rewane
Nigeria’s Financial Service sector is expected to continue its 2021 progress and grow by 8.32%. Read more…
Qatar Airways expands operations to Kano, Port Harcourt routes
Qatar Airways has expanded its services in Nigeria with the launch of four weekly flights to Kano (KAN) and three weekly flights to Port Harcourt (PHC). Read more…
Metro
American actor Jason Momoa and Lisa Bonet split
They couple started dating in 2005 and got married in 2017. Read more…
Man allegedly rapes salesgirl for over four hours in Abuja
The Federal Capital Territory Police Command has arrested a man, Patrick Odey, for allegedly raping a 21-year-old salesgirl. Read more…
Kylie Jenner becomes 1st woman with 300 million Instagram followers
She is closely followed by Ariana Grande and Selena Gomez with 289 million followers each. Read more…
Gospel singer Muyiwa Olarewaju awarded OBE by Queen Elizabeth II
The music star joins the list of several Nigerians who have been honoured with the prestigious award. Read more…
Quote of the Day
“Keep your face always toward the sunshine, and shadows will fall behind you.”
— Walt Whitman