Daily Juice
VISA announces grant to help African women fund managers grow their businesses
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!!!
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, this 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
Mobile wallets: MTN MoMo surpasses eNaira’s 10-month record in less than 2 months
The mobile money business of MTN Nigeria, MTN MoMo is currently leading the financial inclusion drive in Nigeria, ahead of the Central Bank of Nigeria’s eNaira initiative with 4.2 million wallets created in less than two months of its operation. Read more…
Coinbase CEO says the crypto exchange has ongoing plans to cut costs and is actively engaged with regulators
As crypto exchange Coinbase faces industry challenges and economic headwinds, the company is taking a close look at where it can cut costs. Read more…
Federal Trade Commission Drops Mark Zuckerberg From Antitrust Lawsuit
The Federal Trade Commission said it would drop Mark Zuckerberg from a lawsuit filed last month seeking to block Meta Platforms Inc. from buying a small virtual-reality company. Read more…
Business Matters
Nigerian Stocks: List of Dividends announced in 2022
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. Read more…
VISA announces grant to help African women fund managers grow their businesses
Visa has announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA). Read more…
Stanbic IBTC announces an interim dividend of N1.50 per ordinary share of N50k
Stanbic IBTC Plc has announced an interim dividend of N1.50 per ordinary share of 50 kobo each, subject to deduction of appropriate withholding tax and regulatory approval. Read more…
Bank of Industry signs £100 million agreement with France to combat climate change in Nigeria
Nigeria’s Bank of Industry has signed a deal valued at 100 million Euros with the French Development Agency (AfD) for the expansion of green finance in Nigeria to tackle climate change. Read more…
SheVentures disburses N5m interest-free loans to SMEs
SheVentures, powered by First City Monument Bank, has commenced the disbursement of 90-day zero-interest loans of up to N5m across the country to women-owned Small to Medium Enterprises. Read more…
Zenith Bank’s H1 gross earnings rise to N405bn
Zenith Bank Plc grew its gross earnings by 17 per cent from N346bn in the first half of the 2021 financial period to N405bn in the corresponding period of 2022. Read more…
NBC empowers 22,000 youths in five years
The Nigerian Bottling Company said it has empowered over 22, 000 youths across 10 cities, and seven campuses within the digital space in partnership with international business machines, between 2017 and when the company started its youth empowerment program till date. Read more…
Stakeholders express concern as Nigeria’s debt hits $100 billion
Stakeholders at the African Conference on Debt and Development (AFCODD) have raised concerns about Nigeria’s rising debt profile as the country’s debt stock stood at $100billion as of March 2022. Read more…
Quote of the Day
"He who is not courageous enough to take risks will accomplish nothing in life."
—Muhammad Ali