Herconomy Community News
Lightbox Session: Management and Organization in the Entertainment Industry
Join us on Thursday as we go on a journey, learning about “Management and Organization in the Entertainment Industry.”
Jennifer Imion, the Director of Operations in arguably Nigeria’s biggest and most successful music corporation and record company in Nigeria, Mavin Global will be our guest and will be gracing us with her presence and educating us on Management and Organization in her industry.
Jennifer will be giving us first-hand information from her very own experience. She is an alumnus of the Heriot-Watt University and has been with Mavin Global since 2019, prior to which she was a Community Operations Associate at Workstation International Co-Work.
Hope to see you tonight by 8 pm.
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Local Stories
FG’ll retain 1,500 staff of defunct PPPRA, DPR, PEF – Sylva
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CBN introduces N500m grant for undergraduates, graduates
The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote entrepreneurship and reduce unemployment. Read more…
Battle at Synagogue: TB Joshua’s family, disciples’ crisis worsens, trustee alleges threat to life
The leadership and succession crises at the Synagogue Church of All Nations may not be over as a member of the Board of Trustees, Joseph David, has raised the alarm over alleged threats to his life and those of other leaders of the ministry. Read more…
Terrorists who tried to overthrow me are in Nigeria –Turkey President
The President of Turkey, Recep Erdogan, says the terrorists who tried to remove him through a coup in 2016 are still active in Nigeria. Read more…
Nnamdi Kanu trial: Security operatives bar Sowore from courtroom
Security operatives have barred activist Omoyele Sowore from accessing the courtroom to witness the trial of Nnamdi Kanu. Read more…
PIA: FG inaugurates board of new petroleum regulators
The Federal Government announced the inauguration of a new governing board for the Nigerian Upstream Regulatory Commission (NURC) and Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), read more…
International Stories
Study shows Pfizer Covid vaccine is 93% effective against hospitalization in 12-18-year-olds
The Center for Disease Control and Prevention has said it has discovered in a study that Pfizer’s Covid vaccine is 93% effective at protecting against hospitalization in 12- to 18-year-olds. Read more…
COVID-19: New mutation of delta variant emerges in UK, closely monitored
British medical experts have said that there is a new mutation of the Covid-19 delta variant that is being closely monitored. Read more…
NHS under huge but sustainable pressure - minister
The vaccination programme has altered the dynamics in the pandemic between infections, hospitalisations and deaths, he says, read more…
Texas nurse guilty of killing patients by injecting them with air
A Texas nurse has been found guilty of the murder of four patients who died after he injected them with air following heart surgeries. Read more…
Tech Updates
Facebook reportedly plans to rebrand and change its name to reflect its new focus on the metaverse
According to The Verge, Facebook is planning to rebrand itself with a new name in order to focus on building the metaverse – a new phase of interconnected virtual experiences using technologies like virtual and augmented reality. Read more…
DEAL: MFS Africa acquires Nigerian fintech startup, Baxi
MFS Africa has signed an agreement to acquire Capricorn Digital, Baxi’s parent business, for an undisclosed sum. Read more…
Business Matters
Gencos lose N1.66tn over non-payment for unused power
Power generation companies in Nigeria have said they suffered a loss of N1.66tn in seven years as a result of non-payment for deemed capacity. Read more…
Insurance firms put #EndSARS claims at N20bn, probe delays payment
Insured individuals and firms that suffered losses from last year’s public protests against police brutality, popularly known as #EndSARS, have filed for over N20bn claims with insurance companies, it has been learnt. Read more…
Oil prices rise further on surprise inventory draw as demand remains strong
Oil prices had a rebound later on Wednesday after dropping earlier in the day after the Energy Information Administration (EIA) reported a surprise crude oil draw. Read more…
Naira sustains gain at official window as dollar liquidity rises by 95%
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EXCLUSIVE: Nigeria accounts for 58% of total PE funding allocated to West Africa in last 5 years – AVCA boss
Nigeria, Africa’s most populous nation with over 200 million people has in the past five years, attracted more than half of the Private Equity (PE) funding allotted to the West African sub-region, largely owing to the potentials that lie in the nation’s teeming population. Read more…
Metro
Disney debuts first-look at Akin Omotoso's 'Rise' biopic on Giannis Antetokounmpo
The biopic also stars Nigerian actors Joke Silva and Lala Akindoju. Read more…
Netflix says 'Squid Game' has boosted its subscriber growth
Netflix now records a total of 213.6 million subscribers worldwide. Read more…
Quote of the Day
“If I cannot do great things, I can do small things in a great way.” –
Martin Luther King Jr.