Daily Juice

"An event canceled is better than a life canceled"

Herconomy Updates

The Herconomy Enterprise Challenge is coming with a twist!

The Herconomy Enterprise challenge is still on, all the way into January 2022. We have an amazing twist to this year’s Challenge.

Have you applied yet? Click here to apply now!

If you have any questions or concerns, please send an email to info@herconomy.com, reach out to us on Instagram or reply to this email.

Local Stories

Electoral Act Amendment: Buhari returns bill to NASS, faults direct primaries, cites insecurity

The President, Major General Muhammadu Buhari (retd.), has asked the National Assembly to remove the clause that has to do with direct primaries from the Electoral Act Amendment Bill. Read more…

We don’t have resources to meet ASUU demands at once – FG

The Minister of State for Education, Chukwuemeka Nwajiuba, on Monday, said resources were not enough to meet all the demands of the Academic Staff Union of Universities at once. Read more…

20 Nasarawa farmers, herdsman killed, 8,175 Kaduna bandits, others arrested

The pan-Northern socio-political organisation, Arewa Consultative Forum,  has accused the President, Major General Muhammadu Buhari (retd.), and northern governors of creating impression that lives of those who are being killed in the North by bandits do not matter. Read more…

CSOs accuse National Assembly top officials of record falsification

A coalition of Civil Society Organisations on Monday accused three senior officers of the National Assembly of falsifying their official records. Read more…

International Stories

'An event canceled is better than a life canceled,' WHO chief warns ahead of holiday season

It might be time to rethink your festive plans, the World Health Organization has warned amid a rising number of cases of the coronavirus caused by the Omicron variant. Read more…

Gabon youth coach arrested after male rape claims which he denies

The former Under-17 coach accused of raping and sexually abusing minors in Gabon has been arrested just outside the capital Libreville. Read more…

Christians fear attacks or jail over conversions

Christians in Karnataka state say attacks against them have grown ahead of a new anti-conversion law. Read more…

How children were used in a 48-hour deadly rampage for gold

The men were shot as they slept outside, having spent their days underground, choking in the Sahel dust, digging and panning for gold. Read more…

Tech Updates

MAX, Africa’s largest vehicle subscription platform, raises $31 million in series B

Metro Africa Xpress MAX, Africa’s largest vehicle subscription platform for low-to-zero emission automobiles, has announced the first closing of its Series B investment, raising $31 million. MAX previously raised over $40 million in institutional debt for driver financing. Read more…

Business Matters

Naira gains at official window as forex liquidity surges by 139%

The exchange rate between the naira and the US dollar closed at N414.8/$1 at the official Investors and Exporters (I&E) window. Read more…

Lagos issues N137bn bond for Lekki road projects, healthcare, others

The Lagos State Government has said all statutory instruments that will facilitate the raising of N137.328bn from the capital market to deliver key infrastructure in critical sectors of the economy have been met. Read more…

States rake in N751.17bn from road tax, others in three years

The 36 states of the federation earned N751.17bn from road tax, direct assessment, and other taxes in three years, according to data collated from the National Bureau of Statistics. Read more…

Nine hydropower projects to add 2,672MW to national grid – FG

The Federal Government has outlined nine completed and ongoing hydropower projects being prepared to add 2,672 megawatts of electricity to the national grid. Read more…

6.3 million customers still unmetered despite mass meter deployment – NERC report

The Nigerian Electricity Regulatory Commission has put the number of unmetered power users across the country at about 6.3 million, despite the mass deployment of meters by the Federal Government. Read more…

ICPC clears former CEO of NIPC, Yewande Sadiku of all corruption allegations

Former Chief Executive Officer of the Nigerian Investment Promotion Commission, Yewande Sadiku has been cleared by the Independent Corrupt Practices and Other Related Offences Commission of all allegations of corruption and fraud. Read more…

Metro

Comedian Maraji is pregnant

Congratulations Maraji. Read more…

Anxious patient’s relative attacks LASUTH workers, nurse breaks neck, others injured

The Lagos State Police Command has arrested the relative of a patient at the Lagos State University Teaching Hospital, Ikeja, for allegedly attacking medical workers at the hospital. Read more…

Quote of the Day

“Life is not a problem to be solved, but a reality to be experienced.”– Soren Kierkegaard