Daily Juice
Bitcoin struggles at $21.5K amid weak volatility
Herconomy Updates
We are Live on Android and iOS
Our Herconomy app is now live on Android and iOS to make saving much easier for you!
Head on to the Google play store and iOS App store to download the app NOW!
And don’t forget to set up your easy save, with as little as 50 Naira.
Do you want to join the Herconomy team?
Herconomy is hiring for the following positions.
Frontend developer
Python developer
iOS developer
Software Tester
Android developer
Please send an email to hr@herconomy.com today to apply if you meet the requirement.
Herconomy X Nuban Beauty
It’s that time of the month again!
Come hang out with Herconomy and Nuban Beauty, this Saturday 27th of August 2022 by 4 pm.
Venue: 39 Ogunlana drive Surulere, opposite TopTee medical centre. Lagos, Nigeria
It is going to be an evening of networking, shopping and a free make-up masterclass!
You also get to enjoy:
15 % discounts on all items purchased at the event.
A chance to win items in a raffle draw.
Make it a date with us this Saturday by registering on the link below!!!
Have You Ever Heard of Shoonomics?
What does Schoonomics even mean?!
Getting the kids back to school on a budget. .
This is the top conversation in every mom group right now. As exciting as it is to get them back on a schedule, the cost of back to school shopping is NOT FUNNY!
A lot has changed over the years, and rising inflation has hit every single item on your back-to-school list. We know .
So we came up with a few recommendations for you, our Herconomy community Parents, to get the kids back to school on a budget;
First; Take stock of school items and accessories such as uniforms, socks, shoes, bags still in good conditions. As the saying goes; ‘if it’s not broke, don’t fix it.’ This excludes school uniforms with holes and brown patches . No one wants disgrace on the first day of school
2. Make a list and stick to it. Use the list recommended by the school. You can use this free school shopping list to ensure all the details are covered.
Resist the temptation to buy 'cheap', because of your budget. Remember; quality and brand loyalty matters, so you're not replacing everything in 3 weeks.
Reduce quantities if you must, but never compromise on quality school supplies for the kids.
Finally; shop at a customer-friendly store with a wide variety of choice so you are not stuck with wrong purchases.
For our Herconomy parents, we highly recommend SKIT Stores this season.
With branches in Lagos, Abuja and Port Harcourt, and online shopping options, you are pretty covered.
Even better, SKIT Store is offering a 5% discount to the Herconomy community this season.
Herconomy Conversations
Have you ever wondered how young millennials and Gen Z make money amidst the worst financial crises that even older people struggle with?
Join us this Friday with our speakers; Jessica Fortunes a Social Media Strategist, Thieloa, and Eniola Olatunji, tomorrow, Friday 26th of August 2022 by 6 pm on IG Live, as we break the myths on the Gen Z’s and Millennials’ hacks to avoid sapa.
Click on the link below to follow us on Instagram so you don’t miss out on this session.
Share Your Reviews With Us!
Have you been saving with Herconomy?
We now have over 3,000 active users on our web app and we would like to know how your experience with us has been.
Thank you for trusting Herconomy to help you achieve your savings goals.
Looking forward to your reviews!
Tech Updates
Why investors should fund women-owned startups
The Nigerian tech space is one of the bright spots of the nation’s economy. It is one of the few lights that can guide the nation to the end of its tunnel. Read more…
How Zineb Drissi Kaitouni is building the biggest health tech powerhouse in Africa
Across Morocco, from Casablanca, the country’s largest city and commercial hub, to the country’s capital city, Rabat, and Safi, a small port city on the Atlantic coast with a population of fewer than 400,000 people, patients are getting medical consultation via audio and video calls. Read more…
Business Matters
US President, Joe Biden, cancels $10,000 in student loan debt for millions of borrowers
President Joe Biden has stated that the United States government will forgive $10,000 in student loans for each borrower. Read more…
Banks risk losing time deposits over higher savings interest rates
The recent increase in minimum interest rates on savings accounts could see time depositors liquidating their holdings in the coming months in preference for the former, market intelligence suggests. Read more…
Group to provide N12.5 million grant for startups
A not-for-profit organisation, Grooming Endowment Trust, has called for applications from business startups to access its Grooming Endowment Trust Grant Programme (GETGP) fund for growth. Read more…
FMDQ secondary market posts N19.7tr turnover in July
FMDQ Securities Exchange posted a total turnover of N19.76 trillion in its secondary market segment for July 29, 2022. Read more…
Clean energy: Osinbajo canvasses $10bn annual implementation support
The Vice President, Professor Yemi Osinbajo, SAN, on Wednesday, called for a $10bn initial support package for Africa to meet its year-on-year investment target in renewable energy. Read more…
FAAC: FG, states, LGs share N954bn
The Federation Account Allocation Committee, on Wednesday, said it shared N954.09n to the three tiers of government, as allocation for July 2022. Read more…
Bitcoin struggles at $21.5K amid weak volatility
The anticipation of Federal Reserve Chair, Jerome Powell’s upcoming remarks about inflation and the economy led to more cryptocurrency anxiety on Wednesday. Read more…
Naira falls to N698/$1 at the black market
The exchange rate between the naira and the US dollar fell to N698/$1 on Thursday morning, 25th of August 2022. Read more…
Quote of the Day
“Do you want to know who you are? Don’t ask. Act! Action will delineate and define you.”
—Thomas Jefferson