NEWS
BREAKING: Youth unemployment increased to 7.2% in Q2 — NBS
The unemployment rate among youth aged between the age of 15 to 24 years increased to 7.2 per cent in the second quarter of 2023, the National Bureau of Statistics has said.The increase was 7.2 per cent having been at 6.9% in Q1 2023.This was contained in a report titled, ‘Nigeria Labour Force Statistics Report Q2 2023 which was released on Thursday by the NBS.The NBS also said that Nigeria’s unemployment rate increased to 4.2 per cent, from 4.1 per cent recorded in Q1, indicating an increase of 0.1 per cent.
The NBS said it enhanced its methodology of collecting labour market data through the Nigeria Labour Force Survey in line with International Labour Organisation guidelines and the unemployment rate is defined as the share of the labour force (the combination of unemployed and employed people) who are not employed but who are actively searching and are available for work.The report read, “Focusing on young people, the unemployment rate for 15-24-year-olds was 7.2 per cent in Q2 2023.”
The Bureau further stated, “The unemployment rate for Q2 2023 was 4.2 per cent, this is a marginal increase from 4.1 per cent recorded in Q1 2023.
“Unemployment rate by sex among men was 3.5 per cent and among women was 5.9 per cent in Q2 2023. Disaggregation by location, the unemployment rate was 5.9 per cent in urban areas and 2.5 per cent in rural areas.”It added that most Nigerians operate their own businesses or engage in farming activities.“In terms of educational attainment, the unemployment rate was 8.0 per cent for those with post-secondary education, 5.4 per cent for those with upper secondary education, 3.7 per cent for those with lower secondary education, 3.0 per cent for those with primary education, and 2.5 per cent for those with no formal education.“The rate of informal employment is the share of employed persons in the informal sector and informal employment.
“The informal employment rate in Q2 2023 was 92.7%. Like the previous two quarters, the rate of women in informal employment is higher than that of men.”
(C) Punch
NEWS
Breaking Barriers, Building Legacies: Fiona Ahmed Ahimie Launches LEADHER Mentorship Session to Inspire the Next Generation of Female leaders
Lagos, Nigeria – June 2026 – As part of activities leading up to her investiture as the 14th President of the Chartered Institute of Stockbrokers (CIS) and the first female President in the Institute’s history, Dr. Fiona Ahmed Ahimie, Managing Director of First Securities Brokers Limited, hosted the inaugural LeadHER Mentorship Session on Thursday, June 18, 2026.The session, themed “Leading with Purpose, Breaking Barriers, Building Legacy,” brought together emerging female professionals and aspiring leaders from across various industries for an engaging afternoon of mentorship, learning, and empowerment.The LeadHER Mentorship Session was designed to provide participants with practical insights into leadership, career advancement, personal development, and navigating challenges in the traditionally male-dominated sectors. Through candid conversations and shared experiences, attendees gained valuable perspectives on building successful careers while creating lasting impact within their organizations and communities.Speaking at the event, Dr. Ahimie noted that leadership is not merely about achieving personal success but about creating pathways for others to thrive.”Throughout my professional journey, I have benefited from the guidance, support, and encouragement of remarkable mentors. The LeadHER Mentorship Session is an opportunity to pay that forward by equipping and inspiring the next generation of women to pursue excellence, embrace leadership opportunities, and break barriers with confidence,” she said.The mentorship session forms part of a broader commitment to advancing female participation and leadership within Nigeria’s financial services industry and the wider corporate ecosystem. It also reflects Dr. Ahimie’s longstanding dedication to talent development, professional excellence, and inclusive leadership.The event provided a platform for meaningful dialogue, networking, and knowledge sharing.Dr. Ahimie’s investiture as President of the Chartered Institute of Stockbrokers marks a historic milestone for the Institute and the Nigerian capital market, underscoring the growing role of women in shaping the future of the financial services industry.
NEWS
Insecurity: Governor Dauda Lawal Commends Troops for Recovering Ammunitions, Rustled Cattle
Zamfara State Executive Governor, Dr Dauda Lawal has commended the troops for their efforts and commitment to the fight against banditry in the state.On Saturday, the Violence Crime Response Unit (VCRU) of the Zamfara Police Command successfully recovered 329 cattle and 175 sheep from bandits in the Gambanda forest in Gummi Local Government.Governor Lawal, while appreciating the troops, described the Zamfara State Police’s renewed efforts as encouraging and promising in the fight against banditry.He said, “I commend the effort of all the security operatives in Zamfara State, especially the Zamfara State Police Command, for its resilience, bravery and commitment in recovering 329 cattle, 175 sheep, weapons and ammunition from bandits.”The police engaged and overpowered the bandits in Gambanda forest in Gummi local government area, which led to the recovery.”This commendable action reflects their tireless work in the face of challenges posed by criminal elements and underscores the police’s role in protecting the livelihoods of the people of Zamfara State.”The remarkable display of bravery and the successful recovery of livestock and weapons highlight the strong leadership of the Commissioner of Police, CP Ahmed Muhammad Bello. His guidance has been instrumental in improving public safety and combating banditry.”My administration remains committed to providing support to all security agencies in their efforts to ensure safety and security for our people.”
NEWS
Governor Dauda Lawal Approves Payment of Allowance to NYSC Members Serving in Zamfara
The Zamfara State Government is pleased to announce that His Excellency, Governor Dauda Lawal, has approved the payment of allowances/stipends to National Youth Service Corps (NYSC) members serving in the state. The approval reflects the administration’s unwavering commitment to the welfare and wellbeing of corps members who are contributing to the development of various sectors across Zamfara State.
The approval covers corps members from Batch A Stream I and II up to Batch C Stream I and II. Through this gesture, the government recognizes and appreciates the patriotism, dedication, and selfless service being rendered by the young graduates in education, healthcare, agriculture, and other areas critical to the growth and progress of the state.
Governor Dauda Lawal has directed the Office of the Accountant General to put in place all necessary arrangements to facilitate the implementation of the approval. The government is committed to ensuring that the process is carried out smoothly and in accordance with established procedures.
The Zamfara State Government remains grateful to the NYSC members for choosing to serve in the state and for their invaluable contributions to community development.
The administration will continue to prioritize initiatives aimed at supporting corps members and creating an enabling environment that will allow them to discharge their national responsibilities effectively.
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