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Unemployment Rate

The governor, Hope Uzodinma, disclosed this in Owerri, after meeting with the leadership of the state chapters of the Nigeria Union of Pensioners, NUP, led by Josiah Ugochukwu, Nigeria Labour Congress, NLC, Comrade Austin Chilakpu and Trade Union Congress, TUC, at the Government House in Owerri.

Imo government empowers 2,300 youths with N1 million loan each

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.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

NECA calls for urgent economic recovery effort

The Nigeria Employers Consultative Association (NECA) has called for urgent economic recovery effort in view of the Gross Domestic Product (GDP) data released by the National Bureau of Statistics (NBS).
Governor Willie Obiano

Anambra denies receiving N25 billion bond from DMO

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.

Nigeria’s unemployment deadlier than Covid-19, Boko Haram – ex-presidential aspirant

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.
US President-elect Joe Biden tempered expecations following positive vaccine news, warning that the nation still faces ‘a dark winter’ [File-Leah Millis-Reuters]

Coronavirus vaccine eclipses US elections as economic game-changer

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.
New Zealand number of unemployed people rose by a record of 37,000 to reach 151,000 in the September 2020 quarter.

South Africa’s unemployment rate rises to 30.8%, highest since 2008

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.
British Prime Minister Boris Johnson told the conference that the world “must work together to build an impregnable shield around all our people”.

UK unemployment rate rises to 4.8 percent

Britain’s unemployment rate has jumped to 4.8 percent as the coronavirus pandemic destroys a record number of UK jobs, official data showed Tuesday.
New Zealand number of unemployed people rose by a record of 37,000 to reach 151,000 in the September 2020 quarter.

New Zealand unemployment rate hits 5.3 percent

New Zealand number of unemployed people rose by a record of 37,000 to reach 151,000 in the September 2020 quarter.
Governor Nyesom Wike on Tuesday claimed the Niger Delta Development Commission, NDDC, spent the sum of N10 billion to fight him during the 2019 governorship election.

Governor Wike urges central bank to support Rivers’ cassava processing initiative

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.
Yemi Osinbajo

Nigerian government announces committee to create jobs

The National Executive Council (NEC) has set up a committee charged with addressing unemployment and national security in the country.
Babagana Zulum, governor of Borno state, says he is critical of the Nigerian army so that they can improve in their fight against insurgency.

Governor Zulum: Boko Haram now recruits children in Borno

Governor Babagana Zulum of Borno State says Boko Haram insurgents have started recruiting children in the state due to the increase in unemployment.
Women carry bags of maize meal on their heads as people queue to receive food aid amid the spread of the coronavirus disease (COVID-19) outbreak, at the Itireleng informal settlement, near Laudium suburb in Pretoria, South Africa, May 20, 2020. REUTERS/Siphiwe Sibeko

South Africa’s $30 billion virus relief package exposed to fraud – auditor general

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.
6. Nigeria will soon have the immigrant visa ban imposed on her by the United States overturned, according to President Muhammadu Buhari.

Nigeria’s Q3, Q4 GDP to reflect further economic slowdown – presidency

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.
National Bureau of Statistics NBS

NBS: 21.76 million Nigerians unemployed in 2020

The National Bureau of Statistics (NBS) says the total number of unemployed Nigerians is 21,764,617.
Governor Hope Uzodinma of Imo, on Sunday, announced that three coronavirus patients have been discharged after treatment in Imo State.

NBS: Imo records highest unemployment rate in Nigeria

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.

NBS: Nigeria’s unemployment rate rises to 27.1%

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.
According to a Labour Force Statistics report published on Friday, August 14, the NBS said the unemployment rate in Nigeria increased from 23.1% in Q3 2018, to 27.1% in Q2 2020.

21.7 million Nigerians unemployed as number of people willing to work drops

A total of 21,764,618 Nigerians were unemployed as of June 2020, according to the Nigerian Bureau of Statistics (NBS).

Australia announces biggest budget deficit since World War II

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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Niger Delta Development Commission (NDDC)

Group rejects South-South governors desire to control NDDC

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).

UNIOSUN student commits suicide

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.

US visitors from developing nations to pay thousands in visa bonds

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.