Daily Juice
Join us tonight, as we take it all the way back to 2020, our Enterprise challenge finalists rehash their experience with us.
Herconomy Community News
Herconomy Enterprise Challenge 2021 is Here!
Our Annual Enterprise Challenge is back!
Winner: N1.5 million Grant, Mentorship, Work Space
1st Runner Up: N1 million Grant, Mentorship & Workspace
2nd Runner Up: N500,000, Workspace
Click the link to apply!
Steps to participate:
1. Repost the flier on your page and tag your friends to also apply.
1. Follow @herconomy.
2. Fill out the application form here.
3. Use the Hashtags #herconomy2021
The deadline for application is the 30th of November 2021
Terms and Conditions Apply.
Come Chat with our Finalists
It's almost a year since we shortlisted last year's finalists for the 2020 Enterprise Challenge.
These wonderful women, @mashbabyfood, @natures_sleek1, @bqsafewash, @lesliejane, will be sharing their experiences with us tonight by 8pm.
This session will be open to everyone. We promise it's going to be so much fun and enlightening listening to them. Click here to register for the ZOOM session.
Local Stories
FG raises power tariff December, begins free meters purchase
Power consumers nationwide may start to pay more for electricity, following plans by the Federal Government to carry out a review of power tariff, The PUNCH has learnt. Read more…
Eight killed, vehicles burnt as speeding tanker, truck collide in Ogun
Eight people were killed and 15 others sustained varying degrees of injury on Wednesday in two different crashes in Ogun State. Read more…
Passengers lament as railway workers begin strike, ground services
About 11,000 workers of the Nigerian Railway Corporation have commenced a three-day warning strike, grounding operations at all rail stations across the country. Read more…
Senate knocks SEC for spending earnings on salaries, emoluments
The Senate has carpeted the Securities and Exchange Commission for spending most of the revenues it generated on salaries and emoluments of staff. Read more…
Nigeria risks US arms embargo over alleged protesters’ killings by soldiers
Amid rising insecurity in Nigeria, the country now risks an arms embargo following the indictment of the Nigerian Army and the Nigeria Police Force by the Lagos State Judicial Panel of Inquiry on Restitution for Victims of SARS Related Abuses and other matters, read more…
Insecurity: Imo State to launch security outfit on November 30
The Imo State government has announced the state plans to launch a new security outfit to deal with insecurity in the state. Read more…
US removes Nigeria from religious violators’ list
The United States Government has excluded Nigeria from its list of religious violators just as it has blacklisted China, Russia, Saudi Arabia and 7 other nations as countries of particular concern for engaging in or tolerating systemic, Read more…
International Stories
Americans are overdosing on a drug they don't know they're taking
Fueled by the coronavirus pandemic and an increase in fentanyl use, the US drug epidemic exploded while Americans were locked down. Read more…
Alec Baldwin: Rust script didn't call for gun to be fired, lawsuit alleges
A lawsuit against Alec Baldwin alleges that a film script did not require him to fire a gun when he fatally shot cinematographer Halyna Hutchins. Read more…
House votes to censure and remove Gosar from committees over violent video targeting AOC and Biden
The House of Representatives voted Wednesday to approve a resolution that censures Rep. Paul Gosar and strips him of his two committee assignments, read more…
Peng Shuai: Doubt cast on email from Chinese tennis star
The head of the Women's Tennis Association (WTA) has cast doubt on an email released by Chinese state media attributed to tennis player Peng Shuai. Read more…
Malcolm X's 1965 assassination: Convictions of two men to be quashed
Two men convicted of the murder in 1965 of the US civil rights leader Malcolm X are to have their convictions quashed. Read more…
Mumbai: India baby girl found in drain recovering
A five-day-old baby girl, who was rescued from a drain where she was left to die in the Indian city of Mumbai, is recovering in a local hospital. Read more…
Tech Updates
Jumia records all-time high quarterly orders and unveils its fintech ambition
Yesterday, African e-commerce giant, Jumia, released its earnings report for the third quarter of 2021. Read more…
With 2 million trips and a $1.6 million raise, Shuttlers is driving past Lagos
Shuttlers, a logistics startup out of Lagos, Nigeria, has raised $1.6 million in seed funding to expand into African countries. Read more…
Business Matters
Inflation may push 91 million Nigerians below poverty line – W’Bank
The World Bank says the general increase in food prices which occurred between June 2020 and June 2021 may have increased the percentage of Nigerians living below the national poverty line from 40.1 per cent to 42.8 per cent. Read more…
Nigeria’s pension fund assets tops N13 trillion in September 2021
The Nigerian pension fund industry hit another milestone in September as its total asset value hit and surpassed the N13 trillion mark for the first time. Read more…
FAAC: FG, states and local governments share N671.9 billion in September, Excess Crude Account at $60 million
The Federal Government, States and Local Government Councils (LGCs) shared the sum of N671.910 billion as Federation Accounts Allocation Committee (FAAC) for the month of October, as Excess Crude Account (ECA) stands at $60.860 million dollars. Read more…
FG to pay consultants for N27bn Rivers road construction N895m
The Federal Executive Council, presided over by the President, Major General Muhammadu Buhari (retd.), on Wednesday approved contracts worth N27.4bn for projects in the Ministry of Works and Housing, and the Federal Capital Territory. Read more…
Binance lost 3% of its customers due to KYC requirements – Changpeng Zhao
In a Bloomberg interview with CZ, which is the nickname of Binance CEO, Changpeng Zhao, discussing Binance’s newly released ‘10 fundamental rights for crypto users,’ he admitted that his exchange, Read more…
Metro
HBO Max confirms 'Harry Potter' 20th anniversary special
The HBO special titled 'Return to Hogwarts' will premiere in January 2022. Read more…
'It's our birthday' - Peter and Paul Okoye celebrate each other on 40th birthday
This is the first time the brothers will be celebrating each other on their birthday for years. Read more…
Marvel announces 'Spiderman: No way home'
The latest instalment of the Marvel franchise movie was announced with a trailer release. Read more…
Young Dolph: Rapper fatally shot in Memphis bakery
US rapper Young Dolph has been killed in a drive-by shooting in Memphis, officials have confirmed. Read more…
Quote of the Day
“Curiosity about life in all of its aspects, I think, is still the secret of great creative people.”
Leo Burnett