THE UNITY BANK DIGEST – JULY 26, 2018

Dear Subscriber,

Being multilingual is a plus for most young people (millennial) in a highly globalized environment. The movement of people and goods is a driver of regional and continental activity. A recent survey by the Bureau of Labor Statistics predicts that the global demand for bilingual will increase by 70% over a ten-year period. Nigerian schools are expected to broaden their curricula to include widely spoken languages like Spanish and mandarin.

The lifestyle section of the Unity Bank Digest discusses the proficiency in other languages. This is a must read for the millennial generation.

Also, as widely expected, the Monetary Policy Committee (MPC) decided to hold rates for the 11th consecutive meeting since July 2016. It however, attempted to incentivize banks into lending by offering them CRR refund carrots with some stiff conditions attached.

This edition of the Unity Bank Digest provides the breakdown of the inflation numbers and the outcome of the MPC meeting. You will also find social stories such as Burberry incinerating products, Nigeria’s ex-finance minister on twitters board of directors and a full scoop of the world cup.

Enjoy your read!