Vol 20 | 06-03-2023
Good morning, 🌞
One of my favourite things about today’s Naira Life subject is how he took valuable lessons from the aftermath of a financial decision his dad made when he was 15 or 16. This event propelled him to build his saving muscle and prioritise safety nets. 17 years have passed since then, and I don’t think he regrets it.
A sidebar: I find it interesting that today’s Nre people who left Nigeria fNorth America to start something new.
For #HowMuchLast, I went for a piece of tech I’ve been obsessed with for a few months now, and I cannot wait to see how much you’d pay for it.
In this letter:
- Last Month in Money
- The #Nairalife of the Project Manager Confident About His Safety Nets
- HustlePrint: After 20 Years of Catering, She Finally Opened a Food Store in the US
- #LoveCurrency: An Open Relationship on a ₦73k Monthly Income
- Money Meanings: “Break Even”
- Game: #HowMuchLast
- Where The Money At?!
Last Month
In Money
The Supreme Court has ruled that the old notes will remain legal tender until December 31, 2023, reversing the CBN’s February 10, 2023 deadline. Will this mark the end of the current cash scarcity? We certainly hope so.
₦32, 400, 000
This is what thirty-two million, four hundred thousand naira looks like in figures. It’s also the amount the Economic Financial Crimes Commission (EFCC) intercepted from ONE PERSON during the just-concluded presidential election in Lagos. Word is the money was meant for vote-buying.
The #Nairalife of the Project Manager Confident About His Safety Nets
The recurring theme in this #Nairalife is safety nets. The 32-year-old project manager in the story saved up ~₦21m in about five years. Now he lives in a country with free healthcare and earns $90k/year. He may have 101 problems right now, but being broke isn’t one.
Swap your crypto for naira with Zap
Zap is an easy-to-use platform for exchanging crypto to naira. It’s fast and secure.
This is partner content.
After 20 Years of Catering, She Finally Opened a Food Store in the US
Sola Ajao is a 59 -year-old Nigerian woman based in Boston, US. She started cooking at 10 and grew to love it. But when she moved to the States to get married, she realised there was a gap in accessing African foods. She’s spent 20 years building a business to bridge the gap and tells us how she’s done it.
An Open Relationship on a ₦73k Monthly Income
20-year-old Kabir* is an NYSC member who believes in expressing love through gifts. In this interview, he talks about his money anxieties, moving from “Fanta and meat pie” dates to proper restaurant outings and exploring sex with multiple partners in his open relationship.
An excerpt: “I like nice things but we’re not flashy people. We just want to be able to afford things we want, buy a house, and go on vacation maybe twice a year.”
Money Meanings
Game: #HowMuchLast
#HowMuchLast is a game where we show you an item and you tell us (and the world) the highest amount you’d pay for it.
Some weeks will be Okin biscuit, some others will be SUVs.
Today, let’s see how much you’d be willing to pay for access to the metaverse. #HowMuchLast for a VR Headset?
What’s the most you’d pay? Tweet at us here.
Where The Money At?!
We can’t say we’re about the money and not actually help you find the money.
So we’ve compiled a list of job opportunities for you. Make sure you share this with anyone who might need it because in this community, we look out for each other.
Again, don’t mention. We gatchu.
Share this newsletter
All good things must come to an end. But not this good thing. We’ll be back next week.
In the
meantime, keep reading Zikoko’s articles and be sure to share the love.
Till next week…
Yours cashly,
Toheeb,
Zikoko’s ‘OG’ Mr. Money
Did someone awesome send this to you?
