Herconomy Updates
Dear Reader,
Thank you for sticking with us all through 2022, all of our wins in 2022 were possible because of YOU.
We hope to do more HER-mazing things with you this 2023.
Each Woman Bring One Campaign
In 2022 we started the Each Woman Bring One Campaign, with the goal of getting 50,000 women to build their savings culture and start saving with Herconomy.
Join us as we achieve this goal in 2023.
We are on a journey to 50,000, what is your number?
Tech Updates
Salesforce to cut about 10% of staff
Salesforce said Wednesday that it will cut approximately 10% of its workforce and reduce its real estate footprint, making it the latest tech company to slash expenses as broader economic uncertainty continues to hit Silicon Valley particularly hard. Read more…
Business Matters
Customs hike imported vehicle duty, agents protest
Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s decision to raise duty on imported vehicles by 10 per cent. Read more…
Bank stocks drop by N141bn
Despite the Nigerian capital market closing the year on a bullish trend, banking sector performance ended the year out of the loop as five banks saw their value downed by 5.5 per cent from N2.57tn in 2021 to N2.43tn at the close of trading in 2022. Read more…
Tony Elumelu Foundation appoints new CEO
Tony Elumelu Foundation, a leading philanthropic organisation empowering young African entrepreneurs, has appointed Somachi Chris-Asoluka as chief executive officer, following the retirement of the current CEO, Ifeyinwa Ugochukwu. Read more...
Nigeria’s crude oil production rises to 1.235 million BPD in December 2022 – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the country’s crude oil production rose to 1,235,317 million barrels per day for December 2022. Read more…
Buhari says Nigeria has raised $547 million in auctions
The Federal Government has generated the sum of $547 million through 5G spectrum auctions so far this year. Read more…
January 31 deadline remains, CBN insists old notes will cease to be legal tender in February 2023
Amid concerns about the scarcity of new naira notes, the Central Bank of Nigeria (CBN) has insisted that January 31, 2023, remains the deadline for old notes to remain in circulation. Read more…
Quote of the Day
“You can have anything you want if you want it badly enough. You can be anything you want to be, do anything you set out to accomplish if you hold to that desire with singleness of purpose.”
—Abraham Lincoln