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Herconmy Daily Juice

Apparently, pure water prices might be shooting up this Christmas, makes you wonder, what next?

Herconomy
Nov 16, 2021
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Local Stories

#EndSARS: Nine confirmed dead at Lekki tollgate, says Lagos panel

The Lagos State Judicial Panel of Inquiry on Restitution for Victims of SARS Related Abuses and other matters says at least nine persons were confirmed dead at the Lekki toll plaza on the night soldiers stormed there to disperse #EndSARS protesters on October 20, 2020. Read more…

Nigerian judicial panel condemns 2020 Lekki toll gate shooting as 'a massacre'

Lethal violence committed by Nigeria's military on the night of October 20, 2020 could be considered a "massacre," a government-appointed panel concluded Monday -- contradicting previous official accounts of the incident. Read more…

Price of pure water could increase from N20 to N50, producers warn

Water Producers Association of Nigeria (WAPAN) has stated that the price of ‘pure water’ could  rise from the present N20 to about N50 per sachet if the federal government implements the proposed Excise Duty on carbonated beverages. Read more…

Ikoyi building: Engineers unveil preliminary report, suspect structural distress, others

The Nigerian Institute of Structural Engineers has stated that lack of quality control, quality assurance, and structural inadequacy may have led to the recent collapse of the 21-storey building in Ikoyi. Read more…

Why ISWAP targeted, killed Brig Gen Zirkusu in Borno attack – Ndume

The Senator representing, Borno South Senatorial District, Ali Ndume, has disclosed the reason the Islamic State West Africa Province killed Brigadier General Zirkusu in Saturday’s attack. Read more…

Poverty rate in most North-East states is 70% – World Bank

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COVID: 3,252,067 Nigerians fully vaccinated – NPHCDA

The Nigerian Primary Healthcare Development Agency, NPHCDA, revealed that 2.9% of Nigeria’s population has been fully vaccinated, representing 3,252,067 persons. Read more…

International Stories

Kampala blasts: Explosions hit Ugandan capital

Two explosions have hit the centre of the Ugandan capital Kampala.

One blast took place near parliament, with the other going off close to the city's police headquarters. Read more…

Girl, 16, says she was raped by hundreds of men in western India’

At least seven men have been arrested in western India after a 16-year-old girl claimed she was raped hundreds of times by hundreds of men in the latest horrifying case to highlight the country's rampant sexual violence problem. Read more…

Biden-Xi talks: China warns US about 'playing with fire' on Taiwan

Chinese President Xi Jinping has used a virtual summit with US counterpart Joe Biden to warn that encouraging Taiwanese independence would be "playing with fire". Read more…

Australian women to sue Qatar over forced invasive examinations at Doha airport

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Tech Updates

With T40, Folarin Olulana is improving intercity travel experience for Nigerians

Road transportation in Nigeria is currently fraught with many significant problems that make inter-state travel unbearable for the average passenger. Read more…

Business Matters

Four banks borrow $6.21bn from foreign market amid dollar shortage

In a bid to support their balance sheets with foreign exchange, four banks in the country raised $6.21bn from foreign creditors between January and October 2021. Read more…

NUPENG threatens nationwide strike, fuel scarcity looms

Nigeria may experience fuel scarcity in the coming days following the threat issued on Monday by the Nigerian Union of Petroleum and Natural Gas. Read more…

Exchange rate closes flat as forex liquidity improves significantly

The exchange rate between the naira and the US dollar closed at N415.1/$1, at the Investors and Exporters window, where forex is traded officially. Naira started the week flat against the US dollar at N415.1/$1 on Monday 15th November 2021, the same as recorded in the previous trading session. Read more…

Crypto cyclone hits investors, over $300 billion wiped off as Bitcoin loses $5k

On Tuesday, bitcoin dropped by thousands of dollars in a matter of hours, along with the price of many altcoins including ethereum, down more than 10%. Due to record selling pressure, over $300 billion worth of crypto was lost. Read more…

Metro

We are passionate about working with Nigerian content creators - Amazon Prime Video

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Wizkid named Best African Act at 2021 MTV Europe Music Awards

When nominations were announced, Justin Bieber led with eight. Read more…

Whitemoney to start reality TV show – BBNaija organisers

Big Brother Naija Shine Ya Eye winner, Whitemoney, will soon start his own reality TV show. This was announced by the BBNaija organisers, Multichoice, on Monday, through the GOtv Instagram page. Read more…

Quote of the Day

“Turn your wounds into wisdom.” — Oprah Winfrey

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