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When CBN Redesigns Currency Notes to Halt Naira Slide – THISDAYLIVE
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Yuguda s Two Years of Capital Market Development – THISDAYLIVE
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WORSENING UNEMPLOYMENT: Why jobs are disappearing in Nigeria, by experts
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By Peter Egwuatu, Assistant Business Editor, Tunde Oso & Nkiru Nnorom
Unemployment rate in Nigeria rose from 27.1 percent to 33.3 percent from December to March 2021, according to the National Bureau of Statistics, NBS.
The NBS explained that the number of unemployed Nigerians rose to 23.19 million in the fourth quarter (Q4) of 2020 on the back of job losses occasioned by the outbreak of COVID-19 pandemic and its stifling impact on businesses during the period.
The Q4 unemployment rate report titled: ‘Labor Force Statistics: Unemployment and Underemployment Report’, showed that the number is 6.5 percent higher compared to 21.77 million.