Herconomy Updates
Join Ife Durosinmi-Etti on News Central Africa by 11am
As we work towards our Enterprise Challenge, creating growth opportunities for Nigerian women in business, our founder, Ife Durosinmi-Etti will be live on NewCentral Africa Business Edge, talking about “Unlocking the Potential of African Women in Business.”
You can watch Live here at 11am.
The Herconomy Enterprise Challenge is coming with a twist!
The Herconomy Enterprise challenge is still on, all the way into January 2022. We have an amazing twist to this year’s Challenge.
Have you applied yet? Click here to apply now!
If you have any questions or concerns, please send an email to info@herconomy.com, reach out to us on Instagram or reply to this email.
Local Stories
AGF writes Buhari, says mandatory direct primaries will cause confusion
The Attorney-General of the Federation, Abubakar Malami (SAN), has written a letter to the President, Major General Muhammadu Buhari (retd.), read more…
Buhari snubs calls to visit North, jets out to Turkey with wife, seven ministers
The President, Major General Muhammadu Buhari (retd.), has snubbed calls to visit northern Nigeria amid the rising insecurity in the region. Read more…
FAAN suspends workers as car confronts landing plane on Lagos runway
A major air mishap was averted on Wednesday as a Max Air jet, which landed on runway 18L of the Lagos airport, almost rammed into a malfunctioning car that was being tested on the runway. Read more…
FG warns Nigerians as COVID-19 cases rise by 630% in 10 days
The Federal Government on Thursday warned Nigerians to take responsibility for their health as COVID-19 cases continued to rise in the country. Read more…
Reps demand dismantling of Lagos-South-East, Abuja route checkpoints
The House of Representatives has called on the Nigeria Police Force and other security agencies to remove the multiple checkpoints from the roads linking the South-East geopolitical zone with Lagos and Abuja “forthwith.” Read more…
International Stories
FG officially asks UN to recover, return looted assets to Nigeria
Nigeria has submitted a draft resolution to the United Nations Convention Against Corruption on the Use of Beneficial Ownership Information and Data Disclosure to identify, track, recover and return assets looted or stolen from developing countries. Read more…
Japan: At least 27 feared dead in Osaka building fire
At least 27 people are feared to have died after a fire broke out in a building in downtown Osaka, Japan. Read more…
The pandemic forced Kim Jong Un into retreat. The world should brace for his resurgence
Ten years ago, the world watched as a young Kim Jong Un solemnly walked beside his father's hearse on a snowy morning in Pyongyang as distraught North Koreans wailed in grief. Read more…
Tech Updates
Google announces investment in SafeBoda through its Africa investment fund
Google announced today that it has made the first investment from its Africa Investment Fund in the Ugandan super app, SafeBoda. The Africa Investment Fund is part of a broader plan by Google to support digital transformation in Africa. Read more…
Former Twitter CEO, Jack Dorsey appoints three Nigerians to lead Bitcoin trust fund
Former Twitter CEO, Jack Dorsey has appointed three Nigerians to the board of the Bitcoin trust fund (BTrust). Read more…
Business Matters
Amazon Prime Video inks worldwide exclusive licensing agreement with Inkblot studios
Amazon Prime Video, the global streaming service, has closed a multi-year licensing agreement with Inkblot Studios, a leading production company out of Africa. Read more…
Ride-hailing: House of Reps to probe Bolt, Uber over tax compliance
The Nigerian Federal House of Representatives has announced that it will set up a committee to investigate tax compliance of Information and Communication Technology-aided transport tech and ride-hailing companies operating in Nigeria. Read more…
World Bank rolls out N329.53bn cash transfer programme in Nigeria
The World Bank is rolling out an $800m (N329.53bn at official exchange rate) facility designed to fund a large-scale Conditional Cash Transfer programme in Nigeria, Read more…
Naira falls at official market despite 86% improvement in dollar supply
The exchange rate between the naira and the US dollar closed at N415.05/$1 at the official Investors and Exporters (I&E) window. Read more…
World Bank approves $700m credit for Nigeria
The World Bank has approved a $700m credit from the International Development Association for the Nigeria Agro-Climatic Resilience in Semi-Arid Landscapes Project. Read more…
Over 42 million Nigerian rural adults lack banking services – World Bank experts
Two World Bank experts have disclosed that more than 42 million adults who live in rural areas in Nigeria lack basic banking services. Read more…
Governors vow to review FG’s proposed privatisation of 10 power plants
State governors on Thursday declared that they would review the Federal Government’s proposed privatisation of 10 power generating plants under the National Integrated Power Projects. Read more…
Otedola acquires additional 200,000 units of FBN Holdings Plc shares
Mr. Otedola Olufemi has recently acquired additional 200,000 volumes of shares at an aggregate price of N11.52 per share. Read more…
Shiba Inu’s listing on Bitstamp postponed until 2022
Shiba Inu is once again in the spotlight, after Bitstamp, European top crypto exchange published an update on the coin’s listing. Read more…
Metro
Watching porn from age 11 destroyed my brain, says Grammy-winning singer
Grammy award-winning singer, Billie Eilish, has disclosed that she started watching porn at the age of 11. Read more…
The first look of 'Jurassic World: Dominion' unveils big twist for the franchise
The sixth entry into the Jurassic World franchise sees the cages of the park extinct. Read more…
Megan Thee Stallion signs exclusive first-look deal with Netflix
The exclusive deal will see the rapper produce series and other projects for Netflix. Read more…
Robert Downey Jr. Emily Blunt and Cilian Murphy to star in Christopher Nolan's upcoming thriller 'Oppenheimer'
In the Universal picture, Cillian Murphy portrays the American physicist who was an integral part of the Manhattan Project. Read more…
Quote of the Day
“Your image isn’t your character. Character is what you are as a person.” — Derek Jeter