Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

Unemployment to rise in 2014

07 January 2014, 14:35

Lagos - Nigeria's domestic unemployment rate may rise by 2% in 2014, reports ThisDay.

In a report published by Financial Derivatives Company Limited (FDC), a Lagos-based financial advisory firm, Nigeria’s jobless rate is likely to approach 32 percent in the coming months as the economy fails to grow quickly enough to employ people rejoining the labor force.

According to the report, the impact of unemployment is expected to manifest in the Consumer Price Index (CPI) which stood at 7.9 per cent as at November 2013.  The figure is expected to increase to between 9.5 and 11 per cent by the end of the year.

The country’s Foreign Direct Investment (FDI) is also expected to decline to $4.8 billion in 2014.

Read more at ThisDay

NEXT ON NEWS24 NIGERIAX

Read News24’s Comments Policy

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Jibunor George Chuks
Taking solace in blood shed

Life is so strange when you discover what most people do or what they are doing in other to make money, control power, be famous and so on. Read more...

Submitted by
DSAGE
World without end

Death is not a final end because nature has reincarnation as another beginning in Supernatural and mystery.  Read more...

Submitted by
Andiwam Dickson
I come from a country

I come from a country that wages war against its poor people instead of poverty...  Read more...

Submitted by
DSAGE
Natural transformation after deat...

Nature transforms every soul into a spirit immediately after death. It means that the soul is called spirit after the body has dropped in death.  Read more...

Submitted by
Tque Majolagbe
The Nigerian Health Sector; Just ...

It’s been over two weeks now since the Nigerian Medical Association pulled her members away from work throughout the country.  Read more...

Submitted by
DSAGE
No real actions without approval ...

I know that Bible is great in wisdom but the point remains that Jesus is fantastic to us in life. Everything about him was written formally, and nobody here had ever seen him anywhere in real world.  Read more...