Daily Juice
Herconomy Updates
We Are Now Live on Android🎉
Yayyyyy! Our Herconomy app is now live on Android!
Please note that the new Herconomy app is different from the Herconomy (Formerly AGS) app.
Click on the link below to download the app and don’t forget to set up your easy save, with as little as 50 naira.
Herconomy Conversations
We millennials have witnessed drastic changes in work patterns, information, technology and the economy.
These have highly defined how we relate to finances, make economic decisions and handle money.
Join us next Monday 18th July 2022 on Instagram with our speaker Adetoke Oluwo who is a Serial Entrepreneur and Lifestyle Influencer as we discuss how best to relate to your finances as a millennial woman.
Share Your Reviews With Us!
We now have over 2,000 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.
We are looking forward to your reviews!
Herconomy Budget/ Expenses Tracker
Start actively tracking your spending and making better financial choices with the Budget/ Expenses Tracker Template.
Click on the link below to download the template for free!!! or make a copy of it for yourself.
Tech Updates
Netflix and Microsoft team up for a cheaper plan with adverts
Netflix has teamed up with Microsoft to offer a cheaper subscription plan to customers that will show adverts. Read more…
Local Stories
Lagos-Ibadan gridlock worsens, commuters knock govt, contractor
Commuters, motorists and residents have expressed frustration after enduring gruelling traffic on the Lagos-Ibadan Expressway. Read more…
Drug abuse: Ikpeazu’s wife engages in advocacy
Dr Nkechi Ikpeazu, the wife of Abia State Governor, Okezie Ikpeazu, says she is upscaling her involvement in the fight against substance abuse through advocacy and sensitisation. Read more…
Decision on Shettima final, say Tinubu’s men
Loyalists of the All Progressives Congress presidential candidate, Asiwaju Bola Tinubu, have said the party’s vice-presidential candidate, Kashim Shettima, will not be dropped in spite of criticism over his appointment. Read more…
FG directs Immigration Service to allow Nigerians with expired passports to return home
The Federal Government ordered the Nigeria Immigration Service (NIS), to allow Nigerians in with expired passports from the diaspora to return to Nigeria. Read more…
International Stories
Sri Lankan President Gotabaya Rajapaksa leaves the Maldives for Singapore after fleeing the crisis back home
Sri Lankan President Gotabaya Rajapaksa has fled the Maldives on board a flight for Singapore, a high-ranking security source in Colombo told CNN, as anger grows in his home country over his refusal to formally resign. Read more…
Biden to sign a joint declaration with Israel's Lapid to expand security ties and counter Iran
President Joe Biden and Israeli Prime Minister Yair Lapid on Thursday are expected to sign a new joint declaration aimed at expanding the security relationship between their nations and countering efforts by Iran to destabilize the region, according to senior administration officials. Read more…
Ukraine war: Iran plans to supply Russia with drones, US warns
Iran plans to supply Russia with potentially hundreds of drones for its war in Ukraine, some with combat capabilities, a US official has said. Read more…
Business Matters
Remittances to NBET by DISCOs dip 4.6 % to N146.5bn
The remittances of 11 electricity distribution companies, DISCOs, to the Nigerian Bulk Electricity Trading PLC (NBET) have declined by over 4.6 per cent to N146.5 billion in four months ending April 2022, from N153.2 billion in the corresponding period of 2021. Read more…
Naira falls to N620/$1 in the peer-to-peer market as FX scarcity persists
The exchange rate between the naira and the US dollar closed at N424.58/$1 at the Investors and Exporters (I&E) window, where forex is traded officially. Read more…
Shareholders of Nestle Nigeria lose N124.05 billion year-to-date on sell pressure
Sell pressure witnessed on the shares of Nestle Nigeria Plc since the beginning of the year has resulted in investors of the company losing about N124.05 billion at the close of trading on 13th July. Read more…
Banks borrow N595.34bn from CBN in two months
Banks borrowed N595.34bn from the Central Bank of Nigeria between January and February, data obtained by our correspondent have shown. Read more…
Metro
Amber Heard loses bid to throw out Johnny Depp verdict over wrong juror
Amber Heard has lost her attempt to have the verdict in her trial with ex-husband Johnny Depp thrown out because one juror served instead of his father, in a case of mistaken identity. Read more…
Quote of the Day
“Envisioning the end is enough to put the means in motion.”
—Dorthea Brande