COVID-19 Eroded 20% Full-Time Jobs In 2020 – NBS









Twenty percent of the full-time workforce in Nigeria lost employment during the COVID-19 pandemic in 2020, a new report has revealed. This was revealed in a report titled: “The Impact of COVID-19 on Business Enterprises in Nigeria”, released on Tuesday by the United Nations Development Programme (UNDP) and the National Bureau of Statistics (NBS)...





Economists call for alternative to the Ease of Doing Business Report





The recent World Bank’s decision to cancel the Ease of Doing Business Report over irregularities has started to generate reactions among Nigerian stakeholders. To this end, some Nigerian economists are now demanding home-grown doing business reports that will capture the realities of the country while simultaneously commanding international credibility...





FG seeks private sector’s involvement in innovation research





The Permanent Secretary of the Federal Ministry of Science, Technology, and Innovation, Mr Edet Akpan, has called for more private sector’s involvement in research in science, technology and innovation. He also called on the Organised Private Sectors to partner with various research institutes and agencies...





Buhari seeks to amend PIA, constutitues board of two petroleum institutions





President Muhammadu Buhari is seeking to make amendments to some sections of the recently signed Petroleum Industry Act (PIA).

In a letter to the National Assembly, he said the proposed amendments are on the administrative structure of the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Nigerian Upstream Regulatory Commission...