THE UNITY BANK DIGEST – January 06, 2025

Dear Subscriber,

A better year for the hardworking

2025 has just begun, and consumers are anxiously anticipating what the new year will bring. The year has already started off on a better footing than the last, with a cautiously optimistic outlook. As 2025 unfolds, consumers are likely to benefit from lower petrol prices, supported by intense competition in the downstream oil sector. Adding to this positive start, the president has rolled out the second phase of a government-guaranteed credit scheme through the establishment of the National Credit Guarantee Company. This initiative is designed to improve credit access for underserved groups, including women and youth, while boosting critical sectors of the economy.

No pain, no gain

Barely two days into the new year, telecom operators announced a proposed 100% tariff hike. While this may initially alarm consumers, the increase could bring long-term benefits, including improved internet access and better connectivity. Enhanced network quality is also expected to boost e-transactions, driving business growth across the country.

Despite the rising costs, consumers can still make the most of their mobile data. In the lifestyle edition of this Unity Bank Digest, we share ten practical tips to help you save data effectively and get more value for less.

This edition of the Unity Bank Digest provides a comprehensive analysis of these economic trends and engaging lifestyle and entertainment stories for your reading pleasure.

Enjoy your read!