Daily Juice
Nigeria and the UAE may be mending their relationship, while a Minister from Madagascar swam for 12 hours!!!
Herconomy Updates
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!
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Local Stories
10% spending of recoveries by EFCC, NFIU encourages fraud – Minority Reps
Members of the opposition Peoples Democratic Party in the House of Representatives on Tuesday protested against the provisions in the 2022 Appropriation Bill that allow the Economic and Financial Crimes Commission and the Nigerian Financial Intelligence Unit to spend 10 per cent of their recoveries as cost of operations. Read more…
Nigeria-UAE row: FG reinstates Emirates flights to Lagos, Abuja
The Federal Government has reinstated the daily flights of Emirates Airlines to Nigeria after the Dubai Civil Aviation Authority offered daily flight slots to Nigeria’s Air Peace to operate into Dubai Airport. Read more…
Edo gets FG’s approval to build new airport
The Edo State Government has secured the approval of Federal Ministry of Aviation to construct an airport in the Etsako West Local Government Area of the state. Read more…
Electoral Act Amendment bill: Senators threaten to override Buhari, govs back President
A large number of senators have vowed to override the veto of the President, Major General Muhammadu Buhari (retd.), on the Electoral Act amendment bill. Read more…
Experts knock lawmakers as Reps raise budget to N17.12tn
The House of Representatives, on Tuesday, passed the 2022 Appropriation Bill, raising the total estimates of the Federal Government’s budget from the proposed N16,391,023,917,692 to N17,126,873,917,692, an increase by N735,850,000,000. Read more…
Nigerians brace up for high traveling cost as inter-state bus fare rises by 18%
The cost of travelling inter-city in Nigeria has risen by 18.02% year-on-year in November 2021 to an average of N2,644. This is according to the recently released transportation report by the National Bureau of Statistics (NBS). Read more…
Nigeria’s interest in bitcoin jumps back, just behind El Salvador
Nigeria has been rated the second country most interested in bitcoin, despite the difficulty of accessing the trillion-dollar crypto in the country. Read more…
International Stories
Covid Omicron: European nations reinstate restrictions
European leaders are reinstating coronavirus restrictions as the new Omicron variant continues to spread across the continent. Read more…
Madagascar: Minister 'swims for 12 hours' after helicopter crashes at sea
A government minister in Madagascar has said he swam for 12 hours to safety after his helicopter crashed at sea during a rescue mission. Read more…
Israel begins fourth Covid-19 dose vaccine rollout for people 60 and over as Omicron cases surge
Israel is to begin rolling out a fourth dose of the coronavirus vaccine with immediate effect for people ages 60 and over, medical workers and people with suppressed immune systems, the Prime Minister's Office announced Tuesday, following a recommendation from the country's panel of coronavirus experts. Read more…
Flooding in Malaysia leaves 8 dead and 41,000 displaced
At least eight people have died in floods that ravaged Malaysia over the weekend, authorities said on Monday, as the government faced criticism from the public and opposition lawmakers over its rescue efforts. Read more…
Tech Updates
After 5 reluctant years of bootstrapping, CinetPay is closing in on Francophone Africa dominance
The year is 2016. Idris Marcial Monthe has just graduated from the Abidjan Founders Institute. An amazing three months of learning from the best and Monthe was feeling quite confident. Read more…
Business Matters
Nigeria loses N499.32bn as Twitter ban hits 200 days
Nigeria’s economy has lost N499.32bn to the shutdown of Twitter since it came into effect on June 4, 2021. Read more…
FG launches $73 million fund for sugar irrigation
The Federal Government has officially launched a $73 million intervention fund for sugar irrigation, in a bid to boost Nigeria’s Sugar backward integration programme. Read more…
Customers groan as cash-strapped banks slash withdrawal limits
Amid a surge in demand for more cash by bank customers as the Yuletide season approaches, some Deposit Money Banks have slashed the withdrawal limits of their customers. Read more…
Experts knock lawmakers as Reps raise budget to N17.12tn
The House of Representatives, on Tuesday, passed the 2022 Appropriation Bill, raising the total estimates of the Federal Government’s budget from the proposed N16,391,023,917,692 to N17,126,873,917,692, an increase by N735,850,000,000. Read more…
Metro
Director of popular series 'I Need to Know' Lloyd Weaver is dead!
The British filmmaker passed on at age 83. Read more…
Marvel's 'Spider-Man: No Way Home' premieres in Nigeria to rousing reviews
The box office shattering film premiered in Lagos. Read more…
Quote of the Day
“Life shrinks or expands in proportion to one’s courage.” – Anais Nin