Vol 28 | 01-05-2023
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|Happy New Month, {$name}! 🌞
I don’t know how I feel about today being the last public holiday for some time. But we had a good run, didn’t we?
We move, boys and girls.
Today’s #NairaLife reminds me of the lyrics to Burna Boy’s “Common Person.” The only difference is that although the subject has had a long and relatively difficult life, I don’t think she has found her happiness yet.
And it’s mostly because of one person — her husband who, for some reason, is dedicated to being her biggest opp.
In this letter:
- Last Month in Money
- #NairaLife: She’s Saving For Her Future, and She’s at $150k
- HustlePrint: How My Media Experience Prepared Me for a Tech Product Marketing Role
- #LoveCurrency: Dating Life of an MSC Student on a ₦50k Monthly Allowance
- Money Meanings: “Mutual Funds”
- Game: #HowMuchLast
- Where The Money At?!
Last Month
In Money
₦8,000,000,000
This is how much Fidelity Bank paid to purchase Union Bank’s UK subsidiary. The word is that Union Bank wants to focus on the Nigerian market. On the other hand, Fidelity Bank is looking to do more with diaspora banking. 16.3% to 18.6%
It looks like you can expect to pay more for your DStv subscription. Multichoice has announced that they’ll increase the prices of their plans by 16.3% to %18.6 from May 1. Why? Nigeria is happening to them, too. Soz, boss.
The #Nairalife of a Nanny Planning Her Life Post-separation With ₦25k/month
Inside this week’s #NairaLife is a 38-year-old who was forced to leave her husband of 19 years when he kicked her out. Now she’s hoping her job will get her two of her most important needs — accommodation and a business. Her salary? ₦25k
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How My Media Experience Prepared Me for a Tech Product Marketing Role
Daniel Orubo worked in the media for over six years before deciding to transfer his skills to a tech role. He stuck to the process and completed his transition into the tech industry in 2021. Now he’s a product marketer at Piggyvest.
But how did he do it?
An excerpt: “When I decided to transition into tech, I quit my job, although I didn’t have another one lined up — a career first. Then I tweeted that I was looking for a marketing role in tech. I didn’t know what I thought the tweet was going to accomplish, but some cool founders reached out to me. I’m still amazed by the quality of people who wanted to work with me.”
Dating Life of an MSC Student on a ₦50k Monthly Allowance
Folake* (27) met her partner, Ezra* (26) during their NYSC in Kaduna, and they bonded over their knowledge of God and shared birthdays. In this story, she tells Zikoko about their initial fake relationship, celebrating their birthdays together, and how they plan to finance their upcoming wedding.
An excerpt: “We’re very open about our finances, and this makes it easier for our relationship because we know what each person can do, and we’ve learned to be content with what we get. We have simple dates where we buy shawarma and ice cream or food from Chicken Republic when we can’t go to a restaurant. The expensive dates are for when we go out with friends, and he usually offers to pay. I think the bill for our birthday last year was about ₦40k. He didn’t show me.”
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Get ahead of the curve on the latest trends in lending among Nigerians with TechCabal Insight’s latest report on the family and social borrowing market in Nigeria.
The report in partnership with Sycamore, provides comprehensive analyses of the informal market and how technology can be leveraged to improve the family lending sector in Nigeria.
If you’re interested in the dynamics of borrowing between family and friends, and how technology can solve the problem, take a look below.
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 to go on sea cruises whenever you want. #HowMuchLast for a yatch?
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
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