National Bureau of Statistics

Nigeria’s unemployment rate surges 5% in Q3 2023 – NBS

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Nigeria’s unemployment rate surges 5% in Q3 2023 – NBS

Nigeria’s unemployment rate rose to 5 per cent in the third quarter of 2023, the National Bureau of Statistics has said. The bureau said this in its Nigeria Labour Force Survey (NLFS) report for Q3 2023 released on Monday. The NBS said the rate is an increase of 0.8 per cent from Q2 2023 (4.2 … Read more

Staple food items Nigerians can no longer afford

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Staple food items Nigerians can no longer afford

In recent years, the prices of major staple foods in Nigeria have risen significantly. The situation became more complex after President Bola Tinubu announced the end of fuel subsidy payments during his inauguration as president on 29 May 2023. The upward trend in the prices of these staples as well as other products has weakened … Read more