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Herconomy Daily Juice

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Herconomy
Nov 15, 2021
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Herconomy Enterprise Challenge 2021 is Here!

Our Annual Enterprise Challenge is back!

Winner: N1.5 million Grant, Mentorship, Work Space

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1. Repost flier on your page and tag your friends to also apply.

1. Follow @herconomy.

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The deadline for application is the 30th of November 2021

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Local Stories

FG, striking railway workers’ union meeting ends in a deadlock

The meeting between the Federal Government and the Nigerian Union of Railway Workers, which was organised to prevent the proposed industrial action by employees in the sector ended in a deadlock, it was learnt on Sunday. Read more…

Verified federal retirees lament over 10 years’ unpaid pensions

Despite series of verification exercises by the Pension Transitional Arrangement Directorate, many federal retirees have continued to complain of prolonged unpaid pensions, NIKE POPOOLA reports Read more…

None of our 41 members insured Ikoyi collapsed building – NIA

Two weeks after the collapse of the 21-storey building on Gerard Road, Ikoyi, Lagos State, the Nigerian Insurers Association and the Nigerian Council of Registered Insurance Brokers have said none of their members indicated that it provided insurance cover for the high-rise. Read more…

Africa’s richest man, Aliko Dangote, loses brother, Sani

The vice president of the Dangote Group and brother to Aliko Dangote, Sani Dangote, is dead. Read more…

Floods overwhelm Lagos communities, wreck 25 vehicles

Residents and commuters around the Oko Oba, Ekoro, Akowonjo, and Egbeda areas of Lagos State, were on Sunday grounded for hours after floods took over the communities. Read more…

Group fumes as UNILORIN female lecturer hospitalised over assault by student

A female lecturer at the Department of Microbiology, Faculty of Life Sciences, University of Ilorin, who was identified simply as Mrs Zakariyyah, has been beaten to a pulp in her office by a 400-level student of the institution. Read more…

International Stories

Japan's former princess Mako arrives in New York after giving up title

Japan's former princess Mako has arrived in the US with her new "commoner" husband, Kei Komuro, after leaving the royal family. Read more…

Tech Updates

Africa’s new futures were showcased at this year’s Art X Lagos

“How will Africans protect our culture in unexplored places?” 

This was one of the questions David Alabo, a Ghana-based artist with Moroccan heritage, was thinking about when he created “One Africa Three Futures”.  Read more…

Business Matters

President Buhari to attract continental trade investment deals worth $40 billion in South Africa

President Muhammadu Buhari is in Durban, South Africa to attract continental trade investment deals worth $40 billion. Read more…

Trump Organization selling Washington hotel for $375m, reports say

The Trump Organization has reportedly reached a deal to sell its prized Washington hotel for $375m (£279m). Read more…

Oil in panic mode on calls for Joe Biden to open Strategic Petroleum Reserve

In response to President Biden’s suggestion that the Strategic Petroleum Reserve be used to counter the surge in gasoline prices and curb consumer inflation, which is increasing at a fast pace, the price of oil fell. Read more…

Chevron, ExxonMobil, others to pay NNPC N156bn for crude exports

Nine multinational oil companies including Chevron and ExxonMobil will pay the Nigerian National Petroleum Company Limited a total of N156.148bn this for the August 2021 domestic crude oil exports, the NNPC has said. Read more…

Singaporean, French firms, Bi-Courtney, 10 others jostle for Nigeria’s four int’l airports

A total of 13 airport consortia, comprising local and foreign companies, have submitted bids to be prequalified for the planned concession of four Nigerian international airports, The PUNCH has learnt. Read more…

Naira gets stronger as traders record $9.5 billion turnover at official forex window since September

The Investor and Exporter Window where forex is sold officially has recorded a cumulative turnover of $9.5 billion over the past 10 weeks since September 1st. Read more…

FG says it has closed the 4 million MT maize supply gap through local production

The Federal Government has said that 4 million metric tonnes maize supply gap has been closed through the domestic production of the commodity by local farmers. Read more…

World Bank says 5.6 million Nigerians will fall into poverty due to high inflation

The World Bank has said that the drivers of Nigeria’s inflation rate are unique to the nation alone as it differs from what is experienced in other parts of the world. Read more…

Metro

Olu Jacobs wins lifetime achievement award at AFRIFF

The veteran actor has been away from the spotlight for a few years. Read more…

Quote of the Day

“Get busy living or get busy dying.”

Stephen King

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