• 1.61m struggle to fill 10,500 vacancies • Senate seeks emergency declaration on joblessness • Summons labour, productivity minister As the number of the unemployed in the country continues to rise due to downsizing in the productive and services’ sectors, the Federal Government may find it difficult...

Outstanding banking industry loans to the economy as at end of third quarter 2016 (Q3’16) escalated by N2.1 trillion to N13.8 trillion, about 17.9 per cent rise against N11.7 trillion recorded in the corresponding period of 2015. The new figure is made up of...

The National Bureau of Statistics (NBS) is set to conduct the fifth in the series of Multiple Indicator Cluster Survey (MICS) for 960 households across the country as parts of efforts to assess the situation of women and children in areas of health, education,...

…balance of trade dips by N793.5bn The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded a decline of N793.5bn in the first quarter merchandise trade to close at N2.72tn from N3.51tn in the fourth quarter of 2015, the first time in the last...

Following global economic headwinds and drop in oil prices, which formed the major economic foundation for Nigeria, the number of Nigerians that are either unemployed, sacked or underemployed has continued to rise on a monthly basis resulting in societal challenges and security threats to...

The National Bureau of Statistics, NBS, has revealed that Nigeria spent N1.239 trillion on importation of Premium Motor Spirit, PMS, also known as petrol in 2015. The NBS, in its Foreign Trade Statistics for the Fourth Quarter of 2015, stated that the amount spent on...