Daily Juice
This weekend has given us quite a lot to talk about... from OSCAR Punches to groping, Monday is hot!
Herconomy Updates
Something is coming…
We’ve got an amazing announcement coming up this week, Specially for women owned businesses!
Can you guess?
Local Stories
State govts sink deeper as NNPC plans N328bn deduction in April
The amount spent by the Federal Government through the Nigerian National Petroleum Company Limited as subsidy on Premium Motor Spirit, popularly called petrol, in January and February this year is N430.165bn. Read more…
Ede Poly: Students’ Union election suspended over violence
The management of the Federal Polytechnic, Ede, Osun State, has suspended until further notice the Students’ Union election over violence that broke out between two groups. Read more…
New National Working Committee: APC inaugurates appeal panel Tues, PDP says Adamu has fraud charges
The All Progressives Congress will tomorrow (Tuesday) inaugurate an appeals committee to address any disagreements arising from its national convention. Read more…
Gas tanker explodes near First Bank building at Mowe
A gas tanker exploded at the Mowe area of Ogun State on Sunday. Read more…
International News
Israeli PM tests positive for COVID-19
Israeli Prime Minister, Naftali Bennett, has tested positive for COVID-19, barely 24 hours after his meeting with the US Secretary of State, Antony Blinken in Jerusalem. Read more…
Russia/Ukraine: Human rights organisation to list names of abducted civilians
ZMINA demand for the list of the abductees to be released alongside their faces. Read more…
Will Smith hits Chris Rock on stage, then wins an Oscar
Actor Will Smith walked onstage and hit comedian Chris Rock after he made a joke about Jada Pinkett Smith. Moments later, he won an Oscar. Read more…
Shanghai Covid: Oil prices fall after city starts lockdown
Global oil prices have fallen as China starts to implement a city-wide lockdown in Shanghai, an important financial and manufacturing hub. Read more…
Tech Updates
Nigeria’s Kwik gets $2M to add financial services to its last-mile delivery offerings
Kwik, a Nigeria and French-based startup that provides logistics services to B2B merchants, from social vendors to e-commerce platforms, has raised $2 million in Series A funding. The financing rou... Read more…
NFT created from Mandela’s arrest warrant raises $130,000 in auction
Nelson Mandela’s original arrest warrant Non-fungible token (NFT) has raised $130,000 in an auction aimed to fund a heritage site. Read more…
Business Matters
116.46 million litres fuel lost in 2021, say NNPC reports
A total of 116.46 million litres of Premium Motor Spirit, popularly called petrol, valued at N18.88bn was stolen in 2021, data from different reports obtained from the Nigerian National Petroleum Company Limited showed. Read more…
Stock investors lose N172bn as 44 firms suffer decline
Investors lost N172bn at the end of trading on the floor of the Nigerian Exchange Limited. Read more…
Bread prices may go up, bakers blame forex, energy crises
Bakers under the aegis of the Premium Bread-Makers Association of Nigeria have said a harsh business environment triggered by rising energy costs and increasing forex rates has caused some of its members across the country to shut down their business operations. Read more…
Nigerians spend $39.66bn on foreign education, medical tourism – CBN report
NIGERIANS spent a total of $39.66bn on foreign education and healthcare-related services between 2010 and 2020, according to the Central Bank of Nigeria data. Read more…
Take advantage of Personal Income Tax, IMF tells Nigeria, others
THE International Monetary Fund has advised Nigeria and other developing countries to explore the revenue potential of personal income tax. Read more…
Nigerians spend $39.66bn on foreign education, medical tourism – CBN report
NIGERIANS spent a total of $39.66bn on foreign education and healthcare-related services between 2010 and 2020, according to the Central Bank of Nigeria data. Read more…
Metro
Spotify revealed it paid 130 artists more than $5m last year
Spotify has revealed it paid $7bn to music industry rights holders last year, accounting for almost 25% of the industrys total revenues. Read more…
Ruger Angrily Storms Off Stage After ‘Crazy’ Fan Grabs Him
Following the incident, a visibly shocked and angry Ruger stood staring at the fan before deciding to walk away and end his performance. Read more…
Quote of the Day
"Emotional self-control is the result of hard work, not an inherent skill."
—Travis Bradberry