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Insomnia- the bane of productivity

According to research from Harvard, the average worker loses about 11 days of productivity annually due to insufficient rest. One thing causing this “insufficient rest” is the use of smartphones after 9 p.m. While this may not seem huge, it definitely is! This is because accumulated bad sleeping habits will eventually take a toll on your body. As they say, when it’s time, the chickens will come home to roost.

When sleeping, your brain develops and maintains the networks necessary for memory development and retention, which then help to improve learning and problem-solving skills. In other words, sleep, so when you wake, you will shake the world (Napoleon Bonaparte, 1820).

If you’re still doubting the importance of sleep, take a look at the lifestyle section in this Unity Bank digest, which breaks down the significant impact of a good night’s rest on productivity in the workplace.

Post-transition Nigeria is now the talk of the town

With only a few days to inauguration day (May 29th), Nigerians are fixated on the way forward for the country. Nigeria is currently living on the edge, with revenue dwindling rapidly and deficits ballooning. Unfortunately, critical but painful policy reforms such as the removal of the fuel subsidy are needed now more than ever.

Amidst all these, there is a glimmer of hope as the private sector begins to rebound after contracting on the back of the naira scarcity. The Stanbic IBTC PMI reading for April rose by 27.19% to 53.8 points, after contracting for two consecutive months. The CBN began to re-inject the old naira notes, leading to a 71% increase in the cash in circulation. The current boost in consumer demand and output will remain in the near term, barring any policy missteps.

In this edition of the Unity Bank Digest, we provide you with a healthy dose of economic, lifestyle, and entertainment stories.

Please enjoy your read!