THE UNITY BANK DIGEST – MAY 30, 2022

Dear Subscriber,

CBN to continue its support for small scale businesses

The CBN remains fully committed to providing support to the small and medium scale enterprises. This is comforting after the surprise hike in the policy rate at the last monetary policy committee (MPC) meeting. This means that the retail and agric sector will continue to benefit from the various intervention programs by the CBN. As a major provider of services to the retail sector, Unity Bank is well positioned to be your partner in the periods ahead. The good news is that the naira has appreciated from N613/$1 to N606/$1 in the one week following the rate hike.

Nigerians make waves at AMVC Awards

From the social events and entertainment, we provide you with intriguing social stories, including the amazing moments of the Africa Magic Viewers’ Choice (AMVC) Awards 2022. Indeed, Nigerians have continued to make waves in the entertainment industry. This year’s award saw several Nigerians including Mr. Funny and BBN star Erica Nlewedim clinching several awards.

Please enjoy your read!