Also: How much does a lit December in Lagos cost?

Vol 59 | 18-12-2023

Good morning.

I like to think most addicts don’t wake up one day and decide to have their entire existence tied to one thing. It starts gradually, much like what happened to today’s #NairaLife subject.

His addiction to mobile loan apps started from just needing small change to settle some bills before his salary dropped, and before he knew it, he was in a three-year-long constant loan cycle
that didn’t stop even after getting new jobs and higher monthly incomes.

Thankfully, his dad got involved, and he’s past that now. He’s in a better place financially, but the journey to financial discipline is still somewhat bumpy.

Let’s get into it.

In this letter:

  • The #NairaLife of a Pharmacist Who Overcame a Loan App Addiction
  • The Year in Review: High and Lowlights of 2023’s Money Conversations
  • Money Meanings: “Unsecured Loan”
  • Game: #HowMuchLast
  • Where The Money At?!

The #NairaLife of a Pharmacist Who Overcame a Loan App Addiction

When this 27-year-old pharmacist took his first loan from a mobile app in 2019, he didn’t expect it’d lead to an addiction. Several new jobs and income bumps later, leaving the loan cycle proved impossible until his dad got involved in 2022.

Now, he’s on the path to financial discipline, and it involves choosing to protect his mental health. How’s that going for him?

Read his story here

Some other great money articles you should read:

The Year in Review: High and Lowlights of 2023’s Money Conversations

Money, or the lack of it, was one thing that united Nigerians in 2023. It’s been a crazy year money-wise, and we decided to unpack everything that’s happened so far.

From the rise of POS agents due to cash scarcity to billion-dollar loans and inflation touching every single thing, these are 2023’s most important money events.

Get into it here 🎯

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.

This week, let’s test how much you’re willing to pay for a lit December. So, #HowMuchLast to enjoy all the shows and festivities this month?

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,


Zikoko’s resident money girl

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Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.