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As part of his promises to reduce the unemployment rate in Imo State, governor Hope Uzodimma at the weekend empowered 2,300 unemployed youths from the State by granting them a N1 million loan each in the second phase of his Share prosperity programme.
Anambra State government has denied receiving N25 billion bond from the Debt Management Office, DMO, describing as bizarre a statement credited to the Senator representing Anambra South, Senator Ifeanyi that the state government secretly raised the bond without the knowledge of the national assembly.
The 1993 Presidential Aspirant under the defunct National Republic Convention (NRC), Alhaji Lema Jibril, has said that the challenge of unemployment in Nigeria is deadlier than COVID-19, Boko Haram and banditry combined.
It started on Monday when Pfizer announced that the COVID-19 vaccine it is developing with Germany’s BioNTech proved 90 percent effective in a late-stage trial.
South Africa’s unemployment rate rose to 30.8 per cent between July and September, the highest level since 2008, according to government figures released Thursday.
Rivers State Governor Nyesom Ezenwo Wike has expressed optimism that the State’s $12 million Cassava processing initiative will create jobs and enhance the Gross Domestic Product (GDP) of the country.
The National Executive Council (NEC) has set up a committee charged with addressing unemployment and national security in the country.
Governor Babagana Zulum of Borno State says Boko Haram insurgents have started recruiting children in the state due to the increase in unemployment.
South Africa’s auditor general said on Wednesday that some of the money in its 500 billion rand ($30 billion) COVID-19 relief package may have been fraudulently paid to improper beneficiaries.
Nigeria expects the third and fourth quarters to reflect the continued effects of a slowdown, after the economy contracted by 6.1% in the second quarter, the presidency said on Wednesday.
The agency which confirmed this in a statement titled ‘Labor Force Statistics: Unemployment and Underemployment Report’ which was released on Friday added that the number of persons in the economically active or working-age population (15 – 64 years of age) increased to 116,871,186 from 115,492,969 in 2018.
The National Bureau of Statistics has finally released data on the nation’s unemployment rate after an 20-month interval, saying the unemployment rate rose to 27.1 per cent in the second quarter of 2020 from the 23.1 per cent recorded in Q3 2018.
A total of 21,764,618 Nigerians were unemployed as of June 2020, according to the Nigerian Bureau of Statistics (NBS).
Australia says its budget deficit will be 85.8 billion Australian dollars (AD) ($61.2 billion) in 2019-20 and AD 184.5 billion in 2020-21. This marks the biggest deficit since World War II, due to the economic fallout from the coronavirus pandemic.
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Manchester City booked their place in the last 16 of the Champions League but there were more concerns for Pep Guardiola over his side’s lack of ruthlessness in a 1-0 win at Olympiakos on Wednesday.
U.S. President-elect Joe Biden on Wednesday pleaded with Americans to take steps to remain safe as COVID-19 cases surge on the eve of the Thanksgiving holiday and pledged again to make combating the pandemic a top priority when he takes office in January.
A Niger Delta group, Vanguard for Transparent Leadership and Democracy (VATLAD), has condemned the desire of South-South governors to control the affairs of Niger Delta Development Commission (NDDC).
His post on WhatsApp reads: “Often time I ask myself, Why do people commit suicide? Perhaps because they’ve got no one to encourage, motivate or guide them or because they felt there is no solution to whatever problem they are going through. Perhaps they forgot there’s more to enjoy when there’s life (hope) is not lost”.
The United States will temporarily require visitors from Iran, Myanmar, and a number of African nations to pay up to $15,000 in visa bonds in a new hardline immigration measure enacted late in Donald Trump’s presidency.
Governor Seyi Makinde of Oyo State, Monday, presented a total of two hundred and sixty-six billion, six hundred and forty-four million, two hundred and seventy -three thousand, three hundred and five naira, four kobo (N266,644,273,305.04) for the 2021 fiscal year.
Thiago Silva "sets the standards" at Chelsea, according to Joe Cole, who has lauded the Blues defender for his "unbelievable" contribution this season.
A United States (US) federal court on Saturday evening dismissed President Donald Trump’s suit that sought to cancel millions of mail-in votes in the November 3 election in Pennsylvania.
The Asset Management Corporation of Nigeria (AMCON) yesterday announced that it has taken possession of 12 prime assets belonging to the chief promoter of Global Fleet Oil & Gas Limited and NICON Investment Limited, Mr. Jimoh Ibrahim, over an alleged indebtedness of N69.4 billion.
Seventy-nine days to the expiration of the three-year tenure of Ohanaeze Ndigbo’s President-General, Chief Nnia Nwodo, former Nigeria Ambassador to United States, Professor George Obiozor, has emerged as the consensus candidate to succeed Nwodo.