At least 91% of businesses globally have been victims of financial scams. Empirical evidence shows that fraudulent activities are mostly insider related (ex-employees, vendors or junior workers).
In the cyber section of the Unity Bank Digest, there are tips on how to prevent or minimize cyber attacks and vulnerability.
Meanwhile, the oil sector outperformed others in Q1, recording an impressive growth rate of 14.77%. On the other hand, the non-oil sector, which accounts for over 90% of economic activity and job creation, is still limping at 0.76%. This raises concerns about the sustainability and inclusivity of the recovery curve.
However, it’s not all bad news as oil prices are still strong at $79.5pb and the US-China trade war has been put on hold.
This edition of the Unity Bank Digest contains the usual cocktail of social and business stories, handpicked for your reading pleasure. Look out for the scoop on the Royal wedding, the US-China truce and the 2018 Headies Awards.
Enjoy your read…..