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Unemployment in Nigeria

5 Nov
In the bustling metropolis of Lagos, you cannot escape the sight of faces etched with scars, chipped teeth, and an air of menace. They are street touts, often referred to as ‘agberos’. These individuals have earned a notorious reputation for intimidating passengers, terrorising neighbourhoods and collecting unofficial taxes. The tales of their actions are often…
6 Sep 2023
The National Bureau of Statistics (NBS) of Nigeria underwent a revision of its unemployment rate calculation methodology in 2023. The new approach aligns with the International Labour Organisation's (ILO) guidelines, recognised as the international standard for unemployment measurement. This substantially decreased the reported unemployment rate, dropping from 33% in Q4 2020 to the current 4.1%.…

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