If Facebook was a country, it will be the most populous nation in the world. The social network has now crossed the 2-billion-user milestone. This is double its size in 2012 and over 600 million people more than China.

The social media movement has swiftly turned the world into a global village. Platforms such as Facebook, Whatsapp (1.2bn users) and Instagram (700mn) are increasingly becoming the number one source of communication, entertainment and even news. Ergo, these networks have gained prominence as an effective platform for business marketing and political campaigning.

This edition of the Unity Bank Digest contains information about the social media revolution. Additionally, you will find a breakdown of FG’s borrowing and spending, the oil price pendulum and the Super Eagles’ humiliating loss.

Enjoy your read!