Nigeria Today5 months ago
In the first quarter of 2024, Nigeria’s unemployment rate rose to 5.3%
According to data from the National Bureau of Statistics (NBS), Nigeria’s unemployment rate increased from 5.0% in the third quarter (Q3) of 2023 to 5.3% in the first quarter (Q1) of 2024. In its report released on Tuesday, September 24, the NBS defined unemployment as the share of the labor force actively seeking work but unable...