Dear Subscriber,

Have your vision board ready for 2021

We believe it’s time to stop being ambivalent about the New Year and it’s not too early to be optimistic. This time around, we are ditching the cliché of New Year resolutions to a more intentional approach to our plans, goals and aspirations – The Vision Board. A vision board is one of the simplest ways to capture your vision and strategy at a glance. You can use it for personal goals or business strategy and product development.

The lifestyle section of this digest provides details on how to start your vision board that will hopefully usher you into a better 2021.

AfCFTA & Port Congestion

The FG recently declared January 2021 the awareness and sensitization month for the AfCFTA, which officially commenced on January 1. In all, 33 countries have agreed to commence compliance. Although this move is necessary, there are concerns that many African countries including Nigeria are not adequately prepared for the implementation of the agreement. Some of these concerns include weak infrastructure, different trade regulations and poorly managed port facilities. For instance in Nigeria, the port congestion at the Apapa and Tin Can Island has led to a spike in logistic costs to about $4,000/ container.

With Brent above $50pb, the price of petrol is likely to increase in line with the deregulation of the downstream oil and gas industry. This is expected to increase transport fares and inflation.

This edition of the Unity Bank Digest offers you all the latest news in business, economics, music and entertainment.

Enjoy your read!