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Do you have electricity at your end?

Herconomy
Mar 16, 2022
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Herconomy Updates

Something Is Coming!!!

Local Stories

Power grid collapses again, stakeholders’ meeting enters the second day

NIGERIA’s electricity grid collapsed around 5 pm on Tuesday, which was less barely 48 hours after it collapsed on Monday, a development that caused widespread darkness across the country. Read more…

Google celebrates Nigerian potter, Ladi Kwali, with doodle

Kwali was an educator, ceramicist, glassworker, and potter, who helped introduce the international community to the beauty of Nigerian art through intricately decorated earthenware designs. Read more…

Reps go after 77 oil firms over unremitted N2.6tn revenue

The House of Representatives, on Tuesday, commenced investigative hearing on the N2.6tn owed the Federal Government by 77 oil companies operating in Nigeria. Read more…

Lagos police, protesters clash as truck crushes Okada rider, passenger

There was pandemonium on Tuesday at the Second Lekki Toll Gate, Chevron Ajah, on the Lekki-Epe Expressway, Lagos State, after a truck crushed a motorcycle rider and his passenger to death. Read more…

International Stories

Ukraine not joining NATO soon – British PM Johnson

British Prime Minister, Boris Johnson, has said that Ukraine is not joining NATO “any time soon,” following President Volodymyr Zelensky’s acknowledgement that Ukraine would not become part of the Western military alliance, the Associated Press reports. Read more…

Tech Updates

6 African women CEOs discuss how they raised more than $1M in 2021

Women-founded companies in the U.S. raised more money from venture capitalists in 2021 than ever.... Read more…

Business Matters

FG’ll tap $2.2bn Eurobond for fuel subsidy funding– Minister

The Federal Government is planning to tap €2bn ($2.2bn) by this month or next of the money it raised in a Eurobond sale last year and targets more local borrowing in 2022 to help fund subsidy on Premium Motor Spirit, Read more…

Despite continuous CBN interventions, Nigeria spends N1.9 trillion on agric import in 2021

Nigeria imported agric products valued at N1.97 trillion in 2021, surging by 42% year-on-year compared to N1.19 trillion recorded in... READ MORE

FCCPC orders defaulting money lending banks to stop interest, loan collections as Nigerians react

FCCPC has ordered online money lending banks to stop compounding interest and loan collection practices that are presently undergoing investigations. Read more…

Metro

Kylie Jenner says she’s struggling after giving birth

Jenner says its been difficult mentally, physically and spiritually. Read more…

2Face Idibia builds multimillion music studio for OAU

The management of the institution thanked the music star for the kind gesture. Read more…

'Nigerians should really stop disrespecting me' - Toke Makinwa cries out

Makinwa says she has struggled too much to create a brand for herself to tolerate any false narrative from anyone. Read more…

Quote of the Day

The greatest reward in becoming a millionaire is not the amount of money that you earn. It is the kind of person that you have to become to become a millionaire in the first place. – Jim Rohn

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