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NESG Projects 37% Unemployment, 45% Poverty Rate For Nigeria In 2023

The Nigerian Economic Summit Group (NESG), an association of organised private sector, has projected that Nigeria’s unemployment rate will increase to 37 percent while the poverty headcount will amplify to 45 percent in 2023. NESG said this is due to weak performance in the job-elastic sectors, low labour absorption of …

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Customs intercept cannabis worth N516m in Lagos

The Customs Strike Force, Team A, Ikeja, has said that it intercepted 5,124 kilograms of Cannabis Sativa, along the coast of Lekki, Lagos. The Customs Comptroller in charge of the team, Sani Yusuf, while addressing journalists on Wednesday at the command, said the contraband with an estimated duty paid value …

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ISB Game Changer for Commodities Ecosystem- Akeredolu-Ale

The Investments and Securities Bill has been described as a game changer that is capable of enabling the commodities trading ecosystem to thrive thereby diversifying the nation’s economy and provide the nation with foreign exchange. This was stated by the Managing Director of LFCE, Mr. Akin Akeredolu-Ale while commenting on …

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