Daily Juice
We are now on a countdown to the Enterprise Challenge deadline
Herconomy Community News
7 Days Left to Apply for the Herconomy Enterprise Challenge
There are only seven days left till the deadline for the Herconomy Enterprise Challenge.
You can still apply here and stand the chance to win up to N1.5 million naira amongst other things. Do you know any woman with an SME who will benefit from this Grant? Don’t frget to share this with them.
Local Stories
APC govs clash over direct primaries, Bello, Sule exchange words
Governors, who are members of the All Progressives Congress, have been unable to agree on a common position on the direct mode of primaries imposed on political parties by the National Assembly, The PUNCH learnt on Monday. Read more…
Toll gate fees are not the same as taxes – Babatunde Fashola
The launch of the online portal of the National Housing Scheme seems to have garnered a lot of interest from Nigerians, as the federal government hopes to close the housing deficit gap across the country. Read more…
WAEC increases examination fees by 29%, releases 2021 WASSCE results,
The West African Examination Council (WAEC) has announced the release of the 2021 West African Senior School Certificate Examinations for school candidates with an increase in registration fees from N13,950 to N18,000 with effect from 2022. Read more…
NRC announces receipt of 24 bids for Lagos/Ibadan, Warri/Itakpe e-ticketing solutions
The Nigerian Railway Corporation has announced that it has received a total of 24 bids on open requests for the Lagos/Ibadan and Warri/Itakpe e-ticketing solutions for standards gauge railway operations under its Public/Private/Partnership (PPP) arrangement. Read more…
International Stories
Wisconsin: Parade incident driver to be charged with homicide
Wisconsin officials will seek to charge a driver who ploughed into a Christmas parade on Sunday with five counts of intentional homicide. Read more…
Bodies pile up outside hospital morgue as Romania struggles with fourth wave of Covid
"It's relentless -- relentless," sighed nurse Claudiu Ionita, standing in front of a line of gurneys in Bucharest University Hospital's morgue. On each gurney lay a body inside a black plastic bag. Read more…
Bulgaria bus crash: Children among at least 45 killed
At least 45 people, including 12 children, have died after a bus crashed and caught fire in western Bulgaria, officials say. Read more…
Groveland Four: US judge clears men wrongly accused of rape after 72 years
Four black men who were wrongly accused of raping a white teenager in the US have been cleared of the charge more than 70 years later. Read more…
Lobsters and crabs are sentient beings and shouldn't be boiled alive, UK report says
Octopuses, crabs and lobsters are capable of experiencing pain or suffering, according to a review commissioned by the UK government, Read more…
Tech Updates
GoDaddy says security breach exposed 1.2 million WordPress users’ data
GoDaddy, a web hosting company, stated on Monday that an unauthorized third-party access had exposed the email addresses of up to 1.2 million current and inactive Managed WordPress customers. Read more…
Nigerian Mobility Startup, Treepz raises $1.6 million seed extension, acquires Ugandan bus company, Ugabus
Nigeria-based Mobility-as-a-Service platform Treepz (formerly Plentywaka) has raised $1.6 million seed extension. This deal is coming few months after raising $1.2 million seed round bringing its total raise to $2.8 million. Read more…
Business Matters
Capital inflow crashes by 80%, foreign investors shun Nigerian market
Capital inflow to Nigeria has crashed by 80 per cent in two years, the Central Bank of Nigeria reports have indicated. Specifically, capital inflow to Nigeria fell from $17.1bn in July 2019 to $3.4bn in July 2021. The central bank reports showed that Nigeria recorded $17.1bn capital inflow between January and July, 2019. Read more…
SEC leverages NGX digital closing gong ceremony to commemorate World Investor Week
The Securities and Exchange Commission (SEC) rang the bell for financial literacy on the Nigerian Exchange Group’s digital closing gong platform on 22 November 2021 in commemoration of World Investor Week (WIW) 2021. Read more…
Court directs meeting to consider transfer of Access Bank into a holding company
The recent efforts by Access Bank to transform into a holding company received yet another boost, as the Federal High Court of Nigeria in an order dated November 19, 2021, directed that a meeting of the holders of the fully paid ordinary shares of the Bank be convened... Read more…
Senate faults ‘smuggled’ N16bn vote into environment ministry’s budget
The Chairman, Senate Committee on the Environment, Senator Ike Ekweremadu, on Monday, drew the attention of the Appropriation Committee of the red chamber to the sum of N16bn allegedly smuggled into the 2022 budget of the Ministry of Environment. Read more…
Naira loses steam, slides to 555/dollar in parallel market
The naira lost steam at the parallel market on Monday, sliding to 555 per dollar. The local currency had crashed to 540/dollar on Friday, after trading at 535/dollar on Thursday. Read more…
‘835,161 SMEs have received N56.84bn survival fund’
The Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Dr Evelyn Ngige, said on Monday that the ministry had disbursed N56.84bn of the N75m Micro Small and Medium Enterprises Survival Fund to 835,161 beneficiaries. Read more…
Okowa faults rising cost of gas, FG plans 10 million cylinders’ purchase
Governor Ifeanyi Okowa of Delta State on Monday called on the Federal Government and relevant policy makers to initiate steps towards reducing the rising cost of Liquefied Petroleum Gas in the country. Read more…
Metro
Married man abandons girlfriend in Lagos hotel room, rapes receptionist
A Lagos resident, identified only as Fuad, has been arrested for allegedly raping a receptionist in a toilet in the Mutab Hotel and Suites on Abeokuta Street, in the Ebute Metta area of Lagos State. Read more…
2Face Idibia and baby mama Pero call out troll who sent disturbing message to their son
Pero vows to deal with the troll. Read more…
'Black Panther' star Letitia Wright's injuries more severe than originally reported - Marvel
The anticipated sequel's production has officially been put on hold as Wright recovers. Read more…
Quote of the Day
“Money and success don’t change people; they merely amplify what is already there.”
Will Smith