Unemployment Rate in Nigeria

The unemployment rate, which measures the total number of people within the labour force who are willing to work but cannot get any gainful employment, increased by 4% to 27.1% in Q2, 2020, compared with Q3, 2018 - the last quarter it was released. This indicates that close 21,764,614 Nigerians are unemployed.

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Data Source: Nigeria Bureau Statistics



Unemployment Rate Key Figures

UNEMPLOYMENT RATE Q4 2020
33.3%

Other Key Figures

PUBLIC DEBTS 2019
N27.4 TRILLION
CAP PLC
2020 HY REVENUE - 3,488.37 MILLION
PUBLIC DEBTS Q1 2020
$85.9 BN (N31.01 TRILLION)
ANNUAL STATE IGR
2019 - LAGOS - 156,093,785,351
PORT IN SUBSCRIBERS
9MOBILE SEP. 2020 - 6,936

card
Monthly Capital Importation

Capital Importation June. 2020 (121,386,927.60 Dollars)

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Special Reports

Nairametrics Exclusive Research!

Q2 2019 Deals Book

This report summarises some of the corporate deals that were announced in the Second Quarter of 2019. Information about the deals was gathered from official press releases and media reports sourced by Nairametrics Research.


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Q1 2020 Deals Book

This report summarises some of the corporate deals that were announced in the First Quarter of 2020. Information about the deals was gathered from official press releases and media reports sourced by Nairametrics Research.


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2019 Full year Deals Book

During the year, Nairametrics Research captured about 90 major corporate deals in Nigeria in the year ended 2019. Very diverse deals- Deals cut across the financial services sector, tech, agro-commerce, transportation and entertainment etc.


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