Dear Subscriber,

Never bitten, always alert 

In January 2025, Nigeria’s currency in circulation surged by 43.4% (y-o-y) to ₦5.24 trillion, with currency outside banks rising to ₦4.74 trillion (90.53% of total currency in circulation). This persistent rise highlights the reliance on cash transactions, and with it, the growing concern over the cost and security of accessing your cash. ATMs remain a lifeline for many, offering quick access to cash. However, they also come with various costs and risks. As more Nigerians depend on these machines, the challenge is no longer just withdrawing cash—but doing so securely. That is why in the lifestyle section of this Unity Bank digest, we share essential tips to help you stay safe while using ATMs.

Yesterday, today, tomorrow— Call now and be happy

In the grand scheme of things, what matters most is our yesterday, today, and tomorrow. “Yesterday,” telecom services were more affordable, with data costs averaging 50% less than what they are today. While this increase in data bundles and call rates may further strain budgets, they also pave the way for tomorrow’s improved call quality, fewer network disruptions, and enhanced digital connectivity. These long-term benefits have become essential in an era where access to information, education, commerce, and financial services is increasingly dependent on mobile networks. At the same time, consumers continue to grapple with a cost-of-living crisis, trying to balance rising costs with sluggish income growth. Reflecting this strain, consumer loans surged by 26.29% in one month, reaching ₦4.42 trillion in November 2024.

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!