Daily Juice

A Lagos driver set himself ablaze in protest, a very sad and scary event.

Herconomy Updates

Is Your Business Ready for a Successful Year?

Anurika Azubuike is a leading expert in Marketplace Alchemy, an experienced business leader with two decades’ worth of expertise in creating systems that attract and ‘keep’ paying clients, helping businesses sell more of their products.

Anurika is also a Marketing Communications professional providing strategic visibility to companies and institutions, which she has done for the likes of Google, P&G, CNN, Coca Cola, and Unilever.

Join us this Thursday and tap into the abundance of Anurika’s expertise that she will be sharing with us on the Lightbox platform.

Are you ready to position your business properly for a successful 2022 or would you rather just continue on as usual?

An alumnus of Quadrant MSL, and a serving member of the IFC Africa Regional Team, Anurika is going to give us some gbas gbos, and we are ready for it.

Are you?

Make sure to register for the session beforehand and get reminders in your email if you’re a Herconomy Gold or Silver member. If you aren’t, what are you waiting for exactly?

Local Story

Fuel subsidy: FG, states set for showdown over planned N950bn FAAC deductions

The Federal Government and the 36 states are set for a showdown over the planned deduction of N950bn from the allocation due to the states in 2022. Read more…

Protesting Lagos driver sets self ablaze, dies over impounded bus

A yet-to-be-identified commercial bus driver on Tuesday set himself ablaze in the Ajao Estate area of Lagos State. Read more…

Abba Kyari’s brother received N279m from Hushpuppi, others – Police report

POLICE investigations have revealed how members of a syndicate led by international scammer, Ramon Abass, popularly known as Hushpuppi paid N235, 120, 000 to a younger brother of a former Commander, Intelligence Response Team, Abba Kyari. Read more…

Man bags seven years for forex fraud

The Economic and Financial Crimes Commission, Kano State chapter, has secured the conviction of one Muallayidi Mohammed Sani. Read more…

Court orders final forfeiture of N10.9 billion worth of properties seized from military officer

A Federal High Court has ordered the final forfeiture of 24 properties worth N10. 9 billion belonging to a top military officer. Read more…

NNPC kicks off distribution of 1billion litres of petrol across Nigeria to ease fuel crisis

The NNPC has said that it has commenced the distribution of one billion litres of safe petrol to fuel stations across the country. Read more…

Lagos introduces new residents’ card, used for payment services, loan applications, others

The Lagos State Government has announced the introduction of a new resident card with multipurpose functions for residents. Read more…

Buhari sends 2022 supplementary budget to NASS, to spend N2.557 trillion on fuel subsidy

President Muhammadu Buhari has transmitted the 2022 Appropriation Act (Amendment) bill to the National Assembly. Read more…

International Story

Elon Musk donates $5.7 billion worth of Tesla shares to charity

According to a filing with the SEC, billionaire Elon Musk gave out $5.7 billion worth of Tesla shares to charity in November 2021. Read more…

Andrew settles civil case but questions over payout

No details of the Duke of York's payout to Virginia Giuffre have been made public. Read more…

Ottawa police chief resigns amid protests

Canada's capital city has been paralysed by more than two weeks of anti-vaccine mandate protests. Read more…

Baldwin named in Rust film wrongful death lawsuit

Halyna Hutchins died on the set of Rust after a gun actor Alec Baldwin was holding discharged. Read more…

Telegram: Why won't you take my naked photos down?

A BBC investigation has found that women’s intimate photos are being shared in large groups on Telegram. Read more…

Tech Updates

CrowdForce raises $3.6M to increase access to cash for underserved communities in Nigeria

Nigeria has an average of 4.8 bank branches and 19 ATMs per 100,000 adults, compared to the world average of 13 bank branches and 40 ATMs. Reports also say that less than one-third of Nigerian adul... Read more…

African fintech Flutterwave triples valuation to over $3B after $250M Series D

African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. In March 2021, the San Francisco-headquartered... Read more…

Business Matters

Binance.US is reportedly under investigation by the SEC

The United States SEC has reportedly begun an investigation into Binance U.S. over the firm's connection to 2 other trading firms. Read more…

SEC collaborates with NOA, others on crackdown of Ponzi schemes

The SEC will be collaborating with the NOA and other government agencies to combat the operations of illegal operators. Read more…

JPMorgan becomes first bank to open lounge in Decentraland’s metaverse

JPMorgan has become the first major bank to establish itself in the Metaverse by opening a lounge in Decentraland. Read more…

Metro

Sammie Okposo celebrates wife on anniversary weeks after apologising for cheating on her

Sammie and Ozioma are celebrating their twelfth wedding anniversary. Read more…

Davido fulfills promise, disburses N250M birthday largesse to 292 orphanages across the country

Davido raised N200M over 72 hours after he shared his account details on social media during his birthday in 2021. Read more…

Trey Songz sued $20M over anal sex rape

The music star is being accused of raping and assaulting a lady after consensual sex. Read more…

Netflix debuts first look trailer for 'Bridgerton' season 2

The hit series' second season debuts March 25. Read more…

Quote of the Day

"Only those who have learned the power of sincere and selfless contribution experience life's deepest joy: true fulfillment."
—Tony Robbins