Dear Subscriber,
Nigeria is ranked 3rd in the world for entrepreneurial activity, with 36.6% of the adult population owning/running a business. The tight labor market- too many people chasing too few jobs- has forced many to start something on the side, just to make ends meet.
The idea of being your own boss and calling the shots is all the more appealing to the average millennial. As at Q3’2017, 1 in every 2 youths (aged 15-34 yrs) was either unemployed or underemployed.
The lifestyle section of the Unity Bank Digest offers personal finance tips and is a must-read for every millennial entrepreneur.
Meanwhile, the Consumer Price Index fell for the 13th consecutive month to 14.33% in February, from 15.13% in January. This is the sharpest decline since May 2017 and the lowest rate since April 2016. This will be an important consideration for the MPC, which is to meet latest by the end of the first week in April.
In this edition of the Unity Bank Digest, look out for the breakdown of the inflation numbers. You will also find social stories such as the full scoop on the 2018 Oscars, and the Facebook vs Blackberry legal battle.
Enjoy your read!
