Herconomy Updates
We Successfully Had our First Vision Boarding Event!!!
Shout out to the 50plus people who turned up yesterday at our vision boarding event to set themselves up for success for the year 2022.
We can’t wait for the three upcoming Vision Boarding events. Will you be there with us? Register now for the Abuja Vision Boarding, Teenage Vision Boarding, and the Virtual Event.
Local Stories
Electoral Act amendment: Bill bars voters from contesting candidates’ certificates in court
A new amendment to the Electoral Act has precluded the possibility of voters challenging credentials submitted to the Independent National Electoral Commission by candidates, The PUNCH has learnt. Read more…
Lagos pays N81 million to sixteen deceased families
Sixteen families of deceased civil servants who died while in service between the years 2020 and 2021 have been paid the sum of N81.4 insurance benefits. Read more…
NAFDAC orders distributors to withdraw Lefin Pediatric Suspension drug with immediate effect
The National Agency for Food and Drug Administration and Control (NAFDAC) has warned drug importers and distributors to stop the sale and use of Lefin Pediatric Suspension drug and return remaining stock to NAFDAC warehouses over reports of substandard supplies in Nigeria.Read more…
International Stories
Thierry Mugler: French fashion designer dies aged 73
French fashion designer Thierry Mugler has died at the age of 73, his representatives have announced. Read more…
Ukraine: Boris Johnson warns Russian invasion would be disastrous
Prime Minister Boris Johnson has warned Russia that invading Ukraine would be "disastrous" and a "painful, violent and bloody business". Read more…
Hundreds of children held by IS in besieged prison in Syria
Fears are growing over the fate of hundreds of children believed to be held by jihadist extremists inside a besieged prison in north-east Syria. Read more…
Tech Updates
Breaking: OpenSea reportedly hacked for $780,000
OpenSea, the world’s largest NFT marketplace place has been reportedly hacked for 332 ETH. Read more…
Business Matters
Exchange rate gains at official market as forex turnover records boost
The exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window closed at N416/$1. Read more…
Christmas spending pushes POS transactions in Nigeria to all-time high of N6.4 trillion in 2021
Nigeria recorded a total of N6.43 trillion as POS transactions in 2021, hitting the highest levels on record. Nigeria’s acceptance for digital means of payment has improved in recent time, however, the Christmas festivity contributed significantly to the surge in the review year. Read more…
Dangote refinery to commence operations in third quarter of 2022
The President of Dangote Group, Aliko Dangote, has revealed its refinery subsidiary will commence processing of crude oil in the third quarter of 2022. Read more…
U.S major tech stocks lost over $600 million in one week
After a bearish week for the Nasdaq 100 index which tracks the performance of the exchange’s largest non-financial companies, the index declined by 7.51% from 15,611.59 points to 14,438.40 points, its biggest decline since March 2020, which was Covid-induced. Read more…
Metro
Lagos businessman tortures apprentice to death over missing N1,000, flees
A businessman, identified simply as Uchechukwu, aka Alloy Omo Jesu, is on the run after allegedly torturing his 11-year-old apprentice to death in the Ogba area of Lagos State. Read more…
Quote of the Day
“Never bend your head. Always hold it high. Look the world straight in the eye.”
– Helen Keller