Nigeria’s Unemployment Rate Hits 33.3%
Nigeria’s unemployment rate has hit a new record high of 33.3 per cent in fourth quarter (Q4) 2020 from 27.1 recorded in second quarter (Q2) 2020. “In the case of…
Nigeria’s Unemployment Rate Rises to 5.3% in Q1 2024, NBS Reports
Nigeria’s unemployment rate climbed to 5.3% in the first quarter of 2024, marking an increase of 1.2 percentage points from 4.1% in the same period last year, according to the…
Average Price For Cooking Gas Up in February — NBS
The National Bureau of Statistics, NBS, on Saturday disclosed the average price for refilling five kilogrammes (5kg cylinder of Cooking Gas) increased to N2,018.91 in February from N1,949.02 in January.…
Nigeria on Track to $1tn Economy by 2030–Tinubu
President Bola Tinubu has reaffirmed his administration's commitment to driving Nigeria’s economy towards the $1 trillion mark by 2030, following positive signs from the latest economic reports. The National Bureau…
20% of Nigeria’s Full-Time Workers Lost Jobs in 2020 – NBS
The National Bureau of Statistics (NBS) has disclosed that 20 percent of the full-time workforce in Nigeria lost their jobs due to the COVID-19 pandemic in 2020. The NBS made…
Nigeria Records N5.81 Trillion Trade Surplus in Q3 2024
Nigeria has reported an impressive trade surplus of N5.81 trillion for the third quarter of 2024, according to the National Bureau of Statistics (NBS). The latest foreign trade statistics reveal…
Telcos Lost 12.3m Internet subscribers in 2021 – NBS
The National Bureau of Statistics (NBS), has disclosed that Nigeria’s internet users dipped by 7.99 percent to 141.9 million — as telecoms operators lost 12.3 million data subscribers in 2021.…
Nigeria’s Trade Surplus Soars to N5.81tn in Q3 2024
Nigeria has recorded a trade surplus of N5.81 trillion in the third quarter of 2024, showcasing a robust performance in export earnings, according to the latest report from the National…