Daily Juice
Top 10 forex trading apps in Nigeria by number of downloads as of August 2022
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.
You Are Invited!
Are you looking for an opportunity to grow your business, or to transform your business idea into a reality?
Then Transition 2022 is here for you!!!
The Transition Business School is an empowerment platform of the Dominion City Church (Career & Business Unit) for nurturing enduring entrepreneurs and enterprises through expositions, mentorship, training and funding.
Join us this Saturday 20th of August 2022 by 9 am
Venue: Dominion City Church Victoria Island
Dear small business owners/ aspiring entrepreneurs you don’t want to miss out on this event!!!
Click here to register for FREE!!!
Herconomy X Google
Is the state of the economy affecting your business? Concerned about the increasing exchange rate? Do you want to power your business to the next level?
Then apply for the Google Hustle Academy Business Bootcamp
Click on the link below to register.
Herconomy Lightbox Session
Despite dwindling resources, economic downtimes and inflation, have you ever wondered how some millennial women manage to remain comfortable and enjoy a level of wealth? We’ve got you!!!
Join us today, Thursday 18th August 2022 as our speaker Oler Oladele (founder of the Money Wits Club) lets us in on the Financial Secrets of the Wealthy Millennial Woman.
Please save the date on your calendar so you don’t miss it!!!!
Click on the link below to register.
Herconomy X Nuban Beauty
It’s that time of the month again!
Come hang out with Herconomy and Nuban Beauty, next 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 next Saturday by registering on the link below!!!
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
Top 10 forex trading apps in Nigeria by number of downloads as of August 2022
Forex trading has become a major source of income for many Nigerians today. While this is a relatively new venture in Nigeria, it has become quite popular in the country, especially among the youths, with an estimated daily trading volume of N300 to N450 million. Read more…
Apple is reportedly in talks to make Apple Watches and MacBooks in Vietnam
Apple is in talks to produce Apple Watches, MacBooks and HomePods in Vietnam for the first time, Nikkei Asia said Wednesday. Read more…
Business Matters
Emirates Airlines to suspend flights from Nigeria from September 1 over $85million trapped revenue
Emirates Airlines has announced the suspension of its flight operations to Nigeria, starting September 1, 2022, over its $85 million revenue awaiting repatriation from Nigeria. Read more…
Customs make N68bn from manufacturers in six months
The Nigeria Customs Service said that it collected a total of N68bn from manufacturers of beer, spirits and other alcoholic drinks, between January and June 2022. Read more…
CBN reverses rates on intervention loans to 9%
The Central Bank of Nigeria has reversed its five per cent intervention loans granted before July 20, 2022, to cushion the effect of COVID-19 on the economy to nine per cent effective from September 1, 2022. Read more…
Mobile transactions rise by N8.9tn in three years
Mobile transactions have risen by N8.981 trillion between the first seven months of 2019 and the corresponding period of 2022. Read more…
Resolve $753m, N1.61bn debts, Reps orders NPA
The House of Representatives Committee on Public Accounts, on Tuesday, ordered the Nigerian Ports Authority to immediately call a meeting with firms operating Nigeria’s ports to determine their actual indebtedness to the Federal Government. Read more…
Oil firms spill N711bn crude oil, degrade the environment
Environmental rights activists have raised the alarm over the continuous environmental degradation as estimation puts the total value of oil spilt by operators in the Niger Delta at N711bn. Read more…
Nigeria’s inflation rate ballooned by 170% under President Buhari in 7 years
Nigeria’s consumer price index (CPI), which is used to measure the level of inflation in the country has risen by 170.2% under President Muhammadu Buhari’s administration, between June 2015 and July 2022. Read more
Ghana’s central bank hikes the interest rate to 22% to combat inflation, forex crises
Ghana’s central bank has raised its interest rate by 300 basis points to 22% to tame inflation and stabilize the nation’s tumbling exchange rate at a special monetary policy meeting on Wednesday, August 17. Read more…
Naira appreciates slightly at the black market and trades at N677/$1
The exchange rate between the naira and the US dollar closed at N429.38/$1 at the Investors and Exporters (I&E) window, where forex is traded officially. Read more…
Quote of the Day
“Dare to dream, but even more importantly, dare to put action behind your dreams."
—Josh Hinds