Daily Juice
A million unused COVID-19 Vaccines have expired in Nigeria, even as Federal Government gets stricter on COVID19 restrictions
Herconomy Updates
More Time to Apply!
The Herconomy Enterprise Challenge deadline has now been shifted till the 17th of December to allow even more female-owned businesses to apply for the grant.
So it’s time, give your pitch your very best shot, go all out and come Wow the team and judges during the finale.
We Are Waiting!
Local Stories
Confusion as Buhari sacks AEDC management over workers’ strike
There was confusion among power sector operators on Tuesday after the President, Major General Muhammadu Buhari (retd.), fired the management of the Abuja Electricity Distribution Company as a result of the strike embarked upon by the AEDC workers the preceding day. Read more…
FG MDAs bar unvaccinated visitors, Lagos to demand jab cards at parties
Federal and Lagos State governments on Tuesday got tougher with the enforcement of their directives on compulsory COVID-19 vaccination. Read more…
Mob vandalises vehicles as truck crushes 10 Lagos students, police declare two dead
There was pandemonium on Tuesday when a truck driver reportedly crushed no fewer than 10 students on Ogunnusi Road, Grammar School Bus-Stop, Lagos State. Read more…
Dowen College: Police arrest two students, Reps want IGP to take over case
The Lagos State Commissioner of Police, Hakeem Odumosu, on Tuesday, said two of the students allegedly named by a deceased student of Dowen College, Lekki, Lagos State, Sylvester Oromoni (Junior), have been arrested. Odumosu noted that another student and three house masters were also assisting the police with investigation. Read more…
Covid-19: Lagos State says it may deport foreigners who flout new guidelines
The Lagos State Government has revealed that foreigners flouting Covid-19 guidelines may be deported and also warned that Nigerian residents flouting new travel protocols will be prosecuted. Read more…
COVID-19: FG to fine airlines $3500 per passenger for flouting Revised Travel Protocols
The Federal Government has warned that any airline that flouts the newly revised COVID-19 Provisional Quarantine protocols will pay a fine of $3,500 per passenger. Read more…
1 million Covid-19 vaccines wasted in Nigeria last month
In what could be regarded as the biggest vaccines loss in Africa, one million COVID-19 vaccines are said to have expired in Nigeria last month without being used. Read more…
International Stories
Germany's Olaf Scholz takes over from Merkel as chancellor
Olaf Scholz has been confirmed as Germany's new chancellor, leading a three-party government that takes over from Angela Merkel after 16 years in office. Read more…
Covid: Vaccines should work against Omicron variant, WHO says
Existing vaccines should still protect people who contract the Omicron variant from severe Covid cases, a World Health Organization (WHO) official says. Read more…
Afghanistan: Girls' despair as Taliban confirm secondary school ban
Teenage schoolgirls in Afghanistan have told the BBC of their growing desperation as they continue to be excluded from school more than three months after the Taliban takeover. Read more…
Tech Updates
US-based Equinix to acquire Nigeria’s MainOne for $320m
US-based Internet connectivity and Internet data company, Equinix, is currently in the process of acquiring West African connectivity giant, MainOne for $320 million. Read more…
Business Matter
Amid Bitcoin plunge, whale ‘buys the dip’ with $137 million
Bitcoin (BTC) crash from it’s all time highs has prompted one of the largest wallets to purchase an additional $137 million worth of BTC, cummulating to a total of $6 billion worth of BTC holding. Read more…
Access Bank, FBN lead as Nigerian banks rake in N200 billion from e-business in 9M 2021
Access Bank, FBN, and UBA led the list of banks in Nigeria with highest electronic business income in the 9-month period of 2021. Read more…
Oil well: Senate threatens arrest, firm sues lawmakers, demands N10bn
The Senate Committee on Ethics, Privileges and Public Petitions has therefore threatened to issue an arrest warrant to compel the management of HEPL to appear before it based on the petition against it authored by Hardy Oil Nigeria Limited. Read more…
Akeredolu opens seventh Ondo cocoa factory, firm projects 17,000 jobs
A new cocoa processing industry, in Akure, the Ondo State capital, Johnvents Industries Limited, has said the firm will generate a lot of direct and indirect jobs for the people of the state. Read more…
Stallion Group acquires British automaker’s franchise
Stallion Group has been appointed by the British automaker, MG Motor, as the exclusive distributor of its automobile brands in Nigeria. Read more…
Omicron: NCAA lists new boarding rules, airlines risk ban
The Nigeria Civil Aviation Authority says international airlines will be made to pay $3500 fine on each passenger flown into the country not complying with the Federal Government’s Revised COVID-19 Provisional Quarantine protocol. Read more…
IFC, others back Nigeria transport firm with $110m
A subsidiary of the World Bank Group, the International Finance Corporation, and seven other venture capital firms have provided about $110m financing to Nigeria and United States based firm focusing on Nigeria’s retail supply chain. Read more…
Bill Gates now worth $137 billion, bets against COVID-19
In spite of Omicron Covid-19 variant, Bill Gates, the 66-year-old American billionaire with a net worth of $137 billion believes the acute phase of the pandemic will end in 2022. Read more…
Naira depreciates at official market as external reserves continues slump
The exchange rate between the naira and the US dollar closed at N415.07/$1 at the official Investors and Exporters (I&E) window. Read more…
Metro
Nick Cannon announces passing away of his youngest son
The actor's son died after battling brain cancer. Read more…
A new 'The Matrix Resurrections' trailer has got fans buzzing
The new trailer unveils Jonathan Groff will play the reborn Agent Smith. Read more…
Quote of the Day
“There are no mistakes, only opportunities.” —Tina Fey