Herconomy Updates
Happy Good Friday!
Greater love hath no man,than to lay down His life for His friends.
God has given us the perfect example of love,selflessness and sacrifice,so let us try to follow in His example and genuinely love one another.
Out of Office Notice!
This is to notify you that we will be out of office on Friday 15th of April and Monday 18th of April and won’t be able to answer all requests.
We will resume back to the office on the 19th of April and be available to sort out any official requests.
Thank you for your understanding and do have a wonderful holiday.
Don’t forget to come have fun with Herconomy on Easter Monday!
Yay!! Our Very First Ludo Tournament
How well can you play Ludo?
Here’s your chance to show your skills and become the first Herconomy Ludo Champion!
Join us on Easter a Monday for a day of max fun and games on a backdrop of sunshine, sand and water.
Entrance is absolutely free!
But bring stipends for food and drinks! To be sent the venue
Start Saving with Herconomy Today and Enjoy 10% P.A and Free Withdrawals!
It’s time guys!
10% P.A Interest
An Accountability savings buddy
Flexible withdrawal periods while still enjoying interest
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!
Local Stories
Yemi Osinbajo in a duel with history
FOR seven years Professor Yemi Osinbajo has occupied the position of Vice President to the President and Commander in Chief of the Nigerian Armed Forces, Major General Muhammadu Buhari (retd.). Read more….
Autopsy begins on Osinachi’s body, Senate demands justice
The Federal Capital Territory Police Command on Thursday said an autopsy test was being conducted on the remains of late Dunamis International Church lead singer, Osinachi Nwachukwu. Read more…
Insecurity: the US approves $1bn attack helicopters, others for Nigeria, Buhari meets service chiefs
The United States State Department has cleared the sale of 12 AH-1Z Cobra attack helicopters to Nigeria worth nearly $1bn, apparently after US lawmakers lifted objections over human rights concerns. Read more…
FG pardons ex-Govs Dariye, Nyame convicted for stealing N2.7bn
THE Council of State led by the President, Major General Muhammadu Buhari (retd.), has approved the pardon of 159 convicts including a former Governor of Plateau State, Senator Joshua Dariye; and ex-Governor Jolly Nyame of Taraba State, who were both imprisoned for stealing N1.16bn and N1.6bn respectively. Read more….
2023: Wike visits Edo, shuns Obaseki, party secretariat
There are strong indications that the political difference/rivalry between Governor Nyesom Wike of Rivers State and his Edo State counterpart, Godwin Obaseki, may not have abated as the former shunned the Edo State Government House while in the state, on Thursday, to fan his presidential ambition. Read more…
International Stories
Russian warship: Moskva sinks in the Black Sea
A Russian warship that was damaged by an explosion on Wednesday has sunk, Russia's defence ministry has said. Read more….
China's Covid controls risk sparking a crisis for the country -- and its leader Xi Jinping
Across China, cities are locking down their residents, supply lines are rupturing, and officials are scrambling to secure the movement of basic goods -- as its largest ever recorded outbreak of Covid-19 threatens to spiral into a national crisis of the government's own making. Read more…
Russia seeks Brazil's help to prevent expulsion from IMF, World Bank
Russia has asked Brazil for support from the International Monetary Fund, the World Bank and the G20 group of top economies to help it counter crippling sanctions imposed by the West since it invaded Ukraine, according to a letter seen by Reuters. Read more…
Business Matters
NNPC to deliver $2.6bn gas pipeline Q1 2023
The Nigerian National Petroleum Company Limited and its contractor handling the bulk of the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, Oilserv Limited, on Thursday stated that natural gas would be transported through the AKK pipeline in the first quarter of 2023. Read more…
Naira exchanges 590 to dollar ahead of Easter
The naira slumped further and exchanged to the dollar at 590 on Thursday at the parallel market ahead of the Easter festive period. Read more…
Russia/Ukraine: World Bank foresees higher inflation in Nigeria, others
The World Bank has predicted that Nigeria and other African countries will experience higher inflation due to Russia’s invasion of Ukraine, which has triggered supply disruptions. Read more…
IMF launches $45bn trusts for Nigeria, others May
The International Monetary Fund has said its Resilience and Sustainability Trust for low-income and vulnerable middle-income countries will come into effect on May 1, 2022. Read more…
CBN to pay 150 exporters N3.5bn rebate
The Governor of the Central Bank of Nigeria, Godwin Emefiele has ordered the immediate release of N3.5bn as a rebate to 150 exporters who participated in the Race To $200bn scheme. Read more…
Tech Updates
Elon Musk 'not sure' his takeover bid for Twitter will be successful
Tesla boss Elon Musk has admitted he is "not sure" his takeover bid for social media firm Twitter will be successful. Read more….
North Korean hackers target gamers in $615m crypto heist - US
The US has linked North Korea-backed hackers to a massive cryptocurrency heist worth $615m (£469m) from players of the popular online game Axie Infinity in March. Read more….
Nokia and Ericsson halt new business in Russia.
Nokia has announced its exit from Russia, while rival Ericsson is putting its business there on hold indefinitely, throwing into doubt the country's ability to build super-fast 5G networks. Read more….
Metro
Prince Harry, Meghan Markle visit Queen Elizabeth first time in two years
Prince Harry and his wife, Megan Markle have reunited with the Queen of England, two years after stepping down as working members of the British Royal Family. Read more…
Lagos accountant allegedly sets wife, brother-in-law ablaze, calls for help
The Lagos State Police Command, on Thursday, paraded a chartered accountant, identified as Benjamin, for allegedly setting his wife, Chinyere, and brother-in-law, Ifeanyi, ablaze in the Abule Ado area of the state. Read more….
Teenage robbers nicknamed Anini, Oyenusi list mothers as loot beneficiaries
The Ondo State Security Network Agency, also known as Amotekun Corps, has arrested 19 suspected criminals in different parts of the state. Read more…
Lagos girl detained for false rape, kidnap alarm on Twitter
A girl, Toyosi Adesegun, has been detained by men of the Lagos State Police Command for raising a false alarm on Twitter on being kidnapped and raped. Read more…
Quote of the Day
"Dare to dream, but even more importantly, dare to put action behind your dreams."
—Josh Hinds