Dear Subscriber,

The world has changed. Digital has changed it.

The stock prices of Apple, Google & Facebook at the New York stock exchange have all shot through the roof. In Nigeria, MTN’s share price is also set to spike on a decent interim dividend payout.

The driving force behind this surge is the forced and convenience-driven patronage of virtual meetings, Zoom weddings and birthday parties. But wait a minute, you’ve got to be careful, there are big-time scammers out there as well as many innocent and naive Nigerians. Therefore, it is important that you protect your details – BVN, TIN etc.

The first step to protecting yourself from online scams is to be suspicious of outrageously attractive offers. Remember the quote by Richard Carlson, “if it sounds too good to be true, it probably isn’t”.

The Lifestyle Section of the Digest contains tips on how to protect yourself from scammers on the prowl for their latest victims.

The slow recovery has started but there are difficult days ahead

The FBN PMI remained in the expansion zone but declined slightly by 2.04% to 52.8 points in July. The CBN PMI reading, on the other hand, increased by 9.25% but is still contracting (44.9 points). Of the five sub-indices, only the supplier delivery time increased, which is reflective of the reopening of more businesses and a boost in general economic activities in the month.

This edition of the Unity Bank Digest provides the usual interesting mix of business and social news. Look out for the breakdown of business news such as the PMI figures and inflation and social news such as the Premier League win and the canceled Ballon d’Or 2020 award.

This issue of the Unity Bank Digest captures these and many other developments.

It promises to be a good read.