THE UNITY BANK DIGEST – JUNE 19, 2023

Dear Subscriber,

Take a purposeful walk today!

Walking is one of the oldest workouts known to man and it has remained relevant in modern society. In our daily lives, outside of a scheduled workout, walking is almost the easiest exercise for a healthy life. Still, you must be intentional about it. Make it purposeful.

A purposeful walk each day can help declutter your mind, improve your metabolism and general well-being. It doesn’t matter where (indoors or outdoors) or how (treadmill or stairs), as long as you make walking a habit. Thankfully, the lifestyle section in this Unity Bank digest highlights key walking tips to keep you fit.

Reforms have long-term benefits

The president took some bold steps in respect of economic policy at his inauguration. In continuation of the fundamental reforms in the forex market, the CBN, yesterday, announced the relaxation of the domiciliary account restrictions. Hitherto, cash deposits and withdrawals were limited. The market’s reaction to this was the instant appreciation of the naira at the parallel market by 0.53% to N757/$. This is good news for traders who source dollars mainly at the parallel market. With this development, it is likely that imported inflation, which is a function of the exchange rate, begins to taper.

This edition of the Unity Bank Digest is packed with interesting economic, lifestyle, and entertainment stories to keep you glued.

Please enjoy your read!