Business

4.1% Unemployment Rate: Official Data Not Always Enough To Make Informed Decision, Says Okey Ikechukwu

"It is a change of methodology as distinct from a clear government intervention that led to a reduction in jobs.”

1 year ago

Adeniran: New 4.1% Unemployment Rate Based On New Methodology, Not Economic Phenomenon

The NBS CEO stated said persons above the age of 64 will now be considered in the labour force.

1 year ago

Tinubu Urges Host Communities’ Engagement as NLNG Lists Vandalism, Multiple Taxation as Challenges

Tinubu affirmed the importance of gas not just as a transition fuel but also as the fuel for the future…

1 year ago

LIRS Pledges To Continue to Use Technology, Advocacy to Shore Up Lagos Revenue

Subair noted that the use of technology helped the agency in optimising its operations while also enhancing revenue generation for…

1 year ago

Analysts Kick as Nigeria’s Revised Methodology Puts Unemployment Rate at 4.1%

Analysts faulting the methodology, argued that it could mislead the governments, policymakers and other users of the NBS figures.

1 year ago

Experts Say Over Four Million Jobs Available for Nigerians with Special Tech Skills

They said leveraging digital connectivity, providing high-quality tech education and fostering a supportive community will open up job market opportunities.

1 year ago

CSJ Alleges Flawed Methodology in NBS Employment Report, Citing Discrepancies with Reality

They argued that they are not supported by the increasing unemployment in Nigeria since the last report in 2020 which…

1 year ago

Naira Stable on Parallel Market, Depreciates Marginally on I&E

Also, the highest spot rate of the day was pegged at N799.9/$1 while its lowest exchange was N738/$1.

1 year ago

CBN Faults JP Morgan’s $3.7bn Estimate of Nigeria’s Net Reserves, Says No Cause For Alarm

“We also read the JP Morgan numbers in-house and we didn’t panic over that. That’s not the first time we…

1 year ago

Obiora Okonkwo: Nigerian Airlines Need Special Window To Access Forex

He urged Aviation Minister Festus Keyamo to rid the sector of "speculators".

1 year ago