The Monday blues are so prevalent that they have become a cultural phenomenon. Research shows that the average person does not smile until 11.16am on Monday mornings. However, if you can survive Monday mornings in Lagos, then you are truly ready to take on the world. Check out the lifestyle section of this digest for great ideas and the right drive you need to have an amazing Monday.
Meanwhile, GDP growth slumped to 1.5% in Q2’18 from 1.95% in Q1’18. Even though GDP growth rate has remained positive for five consecutive quarters, it remains lower than the population growth rate of 2.7%. The slowdown in growth could be a key consideration in determining the direction of interest rates at the next MPC meeting on September 24/25.
This edition of the Unity Bank Digest provides the usual interesting mix of business and social news. Look out for the breakdown of the GDP figures, a full scoop of the VMAs and the life of the American singer Aretha Franklin.
Enjoy your read!