A report by the National Bureau of statistics says an estimated 22,942,003 Nigerians, representing 28 per cent of the country’s economically active or working population, aged between 15-64 years are underemployed.
The Labor Force Statistics: Unemployment and Underemployment Report for Q2 [...]
Eni Companies in Nigeria and its partners have built a 10 megawatts power plant to power the headquarters building of Nigerian Content Development and Monitoring Board, NCDMB, and other major government and industrial facilities in Yenagoa, Bayelsa State.
The power project which was commissione [...]
Nigeria’s economy is teetering on the brink of a second recession in four years, except it puts up a strong third quarter performance.
Minister of Finance, Budget and National Planning, Zainab Ahmed, fired the warning at a five-day interactive session on the 2021-2023 Medium Term Expendit [...]
Stakeholders in the Nigerian economy have called for urgent completion of the 614 kilometre Ajaokuta-Kaduna-Kano, AKK, pipeline project for rapid industrial development and economic diversification.
Speaking during a virtual meeting hosted by Valuechain Magazine, the stakeholders [...]
The Nigerian National Petroleum Corporation, NNPC, has restated its commitment to work with relevant partners and stakeholders in the oil and gas sector to boost delivery of gas to the domestic market.
Group Managing Director of NNPC, Mallam Mele Kyari, made the commitment in Abuj [...]
Manufacturers Association of Nigeria, MAN, has called on the Federal Government to fix the country’s refineries and regulate the fluctuating pump price of petrol.
Acting Director-General of MAN, Mr Ambrose Oruche, who stated this while addressing journalists, said the fluctuations and lac [...]
The Nigerian National Petroleum Corporation, NNPC, has recorded a 43 per cent drop in cases of willful damage of its oil pipeline infrastructure by suspected oil thieves in May, 2020.
The corporation, in a statement by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru [...]
As the global economy struggles under the grip of Covid-19, the Nigerian Investment Promotion Commission, NIPC, says bold economic policies are required to reverse the decline in investment in the country.
NIPC had disclosed in a statement that Nigeria’s investment announcements dropped i [...]
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