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    FG opposes Kanu’s request for house arrest

    The Federal High Court in Abuja, on Wednesday, fixed May 20 to decide on separate applications praying for the restoration of the bail granted...

    Seyi Vibez was the most streamed artist in Nigeria from Jan – March 2024

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    I didn’t delete anything – Ruger defends tweet after accusations of promoting rape culture

    Musician Ruger is not having the backlash following controversial post he made on X (formerly Twitter). Celebrities Money na water - Cubana Chief Priest on...

    Cardoso links depleting external reserves to debt repayments

    The Central Bank of Nigeria has clarified reasons for the significant decline in the nation’s foreign exchange reserves, asserting that it wasn’t primarily aimed...

    Unemployment: Labour ministry lied, our statistics accurate, says NBS

    The National Bureau of Statistics took to social media platform Twitter on Friday to drag the Federal Ministry of Labour and Employment for faulting its employment statistics.

    Tweeting via its official handle, @nigerianstat, the NBS said contrary to the claim by the Minister of Labour and Employment, Chris Ngige, the Bureau’s methodology for measuring the rate of unemployment in the country conforms with global standards.

    Ngige, on Wednesday, while receiving the leadership of the Chartered Institute of Personnel Management in his office had said, “We have a virtual meeting of the National Economic Advisory Council with the World Bank to look at Nigeria’s modalities for employment statistics data collection.

    “There has been a little confusion there as to the accuracy of data generated by the NBS. So, we want to align everything tomorrow. The World Bank says the NBS methodology doesn’t conform with the global standard, especially the ILO (International Labour Organisation) format of arriving at such Employment Index.”

    But replying on Friday, the NBS tweeted, “The World Bank has denied making any such statement and rather together with the economic advisory committee affirmed its confidence, commendation, support and close working relationship with NBS. The World Bank can be contacted if in doubt.”

    The PUNCH had earlier reported that the Bureau in its report for the fourth quarter of 2020, said 0ver 23 million Nigerians are now jobless as unemployment rate hits 33.3%.

    Latest Posts

    FG opposes Kanu’s request for house arrest

    The Federal High Court in Abuja, on Wednesday, fixed May 20 to decide on separate applications praying for the restoration of the bail granted...

    Seyi Vibez was the most streamed artist in Nigeria from Jan – March 2024

    In the Q1 2024 report recently released by TurnTable Charts, Seyi Vibez accumulated more streaming numbers than any other artist in Nigeria. In the opening...

    I didn’t delete anything – Ruger defends tweet after accusations of promoting rape culture

    Musician Ruger is not having the backlash following controversial post he made on X (formerly Twitter). Celebrities Money na water - Cubana Chief Priest on...

    Cardoso links depleting external reserves to debt repayments

    The Central Bank of Nigeria has clarified reasons for the significant decline in the nation’s foreign exchange reserves, asserting that it wasn’t primarily aimed...

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