The CBN has finally allowed you to purchase your personal travel allowance and pay for international school fees and medical bills through the banking system.

Unity Bank is glad to process your application speedily and conveniently.

In the mean time, the recently released GDP growth figures of (-1.3%) have confirmed what many economists had predicted. The consensus was that the economy would go through a U-shaped painful recovery from its current recession.

After 3 quarters of increasing negative growth, Q4 2016 witnessed an improvement to -1.3% from -2.24% in Q3 2016. This is great news, as it suggests that Nigeria is now at a point of inflection.

The improving growth, combined with an appreciating naira, will form part of the considerations for the next monetary policy committee meeting. If inflation data shows a slight decline, the committee may be encouraged to move to a more accommodative stance.

This edition of the Unity Bank Digest provides further analysis of the current economic picture alongside lighter topics such as the 89th Oscar Awards and tips on how to read more.