Dear Subscriber,

Staying fit is good business

As a professional, what is your typical workday like? You are most likely focused on your computer screen and waiting for the closing bell. This reminds you of nursery school and the rush to go home to eat mummy’s lunch. Squeezing out time for sweating on the treadmill is the last thing on your mind.  Exercise and staying fit in a 9 to 5 work schedule is a tough call. The answer includes staying hydrated and maintaining a healthy level of electrolytes. The Lifestyle section of this Digest provides tips on how not to procrastinate on exercising and staying healthy.

Inflation beats analysts’ expectations

To the surprise of analysts, Nigeria’s headline inflation declined for the third consecutive month to 11.02% in August. The marginal increase in the urban sub-index suggests that the impact of the border closure is more pronounced in Nigerian markets. The sustained decline in headline inflation is good news for the doves in the MPC. However, we expect inflationary pressures to be re-ignited in the coming months due to Xmas and seasonal purchases, minimum wage implementation and likely forex restriction on food imports.

This edition of the Unity Bank Digest provides the usual interesting mix of business and social news. Look out for a breakdown of the Q2 Capital Importation and Trade Reports, EIU’s Global Liveability Index and the release of the iPhone 11.

It promises to be a good read.