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    21.7 million Nigerians now unemployed – NBS

    Chronicle EditorBy Chronicle EditorAugust 14, 20201 Comment1 Min Read
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    Statistician-General of the National Bureau of Statistics (NBS), Dr Yemi Kale Inflation Nigeria manufacturing
    Statistician-General of the National Bureau of Statistics (NBS), Dr Yemi Kale
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    The National Bureau of Statistics (NBS) says 21.7 million Nigerians are unemployed, this is more than a quarter of Nigeria’s workers.

    The NBS, in Nigeria’s first unemployment data published since 2018 said the unemployment rate stood at 27.1% in the second quarter.

    It stood at 23.1% in the previous report, which dates back to the third quarter of 2018.

    Second-quarter unemployment among young people aged 15-34 was the highest at 34.9%.

    • FG, States debt portfolio hits N28.63trn – NBS

    Nigeria has been hard-hit by the fallout from the new coronavirus pandemic, grappling not only with its own outbreak, but also from a plunge in oil prices after lockdowns worldwide.

    The country had 48,116 confirmed cases and 966 deaths as of Friday.

    Nigeria entered the pandemic without having fully recovered from a 2016 recession that left more than 13 million people unemployed.

    The World Bank has warned Nigeria faces a recession that will be “much more pronounced” than in 2016 and potentially the nation’s worst financial crisis in four decades.

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    Tottenham sign West Ham's Mohammed Kudus for £55m

    Tottenham sign West Ham’s Mohammed Kudus for £55m

    July 10, 2025
    Twitter: Akon denies criticising Elon Musk for enforcing payment  

    Senegal cancels Akon’s $6bn Wakanda-inspired city project

    July 10, 2025
    APC mocks Atiku, Obi alliance to unseat Tinubu in 2027

    Atiku, Obi can not defeat Tinubu in 2027 – Presidency

    July 10, 2025
    Terrorists kill four, burn vehicles in Anambra

    Terrorists kill four, burn vehicles in Anambra

    July 10, 2025
    Suspected terrorists kidnapped three people, including two palace administrators, and set fire to many residences in the Bunyun village in Bashar District, Wase Local Government Area, Plateau State.

    Terrorists kidnap palace officials in Plateau, burn houses

    July 10, 2025
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