Daily Juice
Amazon Among Bidders for Signify Health
Herconomy Updates
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 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 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!
Can you give us a minute?
A member of our community is trying to fill out a survey for SMEs in Nigeria.
Kindly click on the button below to fill out the short survey.
Tech Updates
Elon Musk says Tesla will hike the price of FSD driver assistance software by 25% in September
Tesla plans a 25% price increase for its premium, driver assistance system marketed in the U.S. as the Full Self-Driving, or FSD, option. Read more…
Amazon Among Bidders for Signify Health
Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health-services provider, according to people familiar with the matter. Read more…
Apple CFO Luca Maestri sells stock worth $16.9 million
Apple's Chief Financial Officer Luca Maestri has sold shares worth $16.9 million as part of an arranged trading plan. Read more…
Business Matters
Ethereum drops below $1,600 and posts a weekly loss of over 20%
The majority of popular digital assets declined during the course of the week, and by the weekend, market leaders, Ethereum and Bitcoin had registered double-digit percentage losses. Read more…
N1tn spent on steel imports, Ajaokuta takes N21bn
Nigeria has spent $1.038 trillion on iron and steel imports in the last nine months. Read more…
FG records N643.09bn fiscal deficit in one month
The Federal Government’s fiscal deficit rose from N491.28bn in March to N643.09bn in April, according to figures obtained from the Central Bank of Nigeria. Read more…
Undisbursed loans raise Nigeria’s W’Bank debt to $21.15bn
Undisbursed loans may drive Nigeria’s debt to the World Bank from $12.72bn to $21.15bn, This shows that the yet-to-be disbursed loans can increase Nigeria’s debt to the lending institution by 66.27 per cent. Read more…
Cryptocurrency scams revenue hit $1.6 billion in July 2022
New Chainalysis data reveals that the total cryptocurrency scam revenue for 2022 currently sits at $1.6 billion, 65% lower than it was through the end of July of 2021. The reason for the decline, Chainalysis stated appears linked to declining prices across different currencies. Read more…
Oil snaps 3-day winning streak on strong dollar, China’s sluggish demand
On Monday, after three days of gains, oil prices dropped considerably due to concerns that aggressive interest rate increases by the United States will slow down the global economy and reduce demand for fuel. Read more…
FG to generate 21 million jobs by 2025 through a $750 million World Bank-SABER programme
The Federal Government has stated that its $750 million World Bank-backed State Action on Business Enabling Reforms (SABER) programme is aimed at generating 21 million full-time jobs and lifting 35 million people out of poverty by 2025. Read more…
Quote of the Day
"Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion."
—Jack Welch