July 28, 2026
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Nigeria Creates Only 400,000 Jobs for Four Million New Labour Market Entrants Annually, Stakeholders Warn

Nigeria Creates Only 400,000 Jobs for Four Million New Labour Market Entrants Annually, Stakeholders Warn

Nigeria’s youth unemployment crisis is deepening as approximately four million young people enter the labour market annually, while the economy generates only between 300,000 and 400,000 jobs each year, stakeholders have warned. The concern was…

Nigeria Calls for Stronger Lifelong Learning Framework as ILO Opens 2026 Labour Conference

Nigeria Calls for Stronger Lifelong Learning Framework as ILO Opens 2026 Labour Conference

Nigeria has called for urgent investment in lifelong learning and workforce development as the International Labour Organisation (ILO) opened its 2026 International Labour Conference in Geneva on Monday, 1 June 2026. The conference has brought…

Nigeria, UK Forge New Skills Alliance to Equip Youths for Global Workforce

Nigeria, UK Forge New Skills Alliance to Equip Youths for Global Workforce

The Federal Government and the United Kingdom have strengthened their partnership on skills development to prepare Nigerian youths for employment opportunities both locally and in the global labour market. The agreement was reached during a…

ILO Warns Weak Lifelong Learning Systems Could Deepen Global Workforce Inequality

ILO Warns Weak Lifelong Learning Systems Could Deepen Global Workforce Inequality

The International Labour Organization has warned that rapid changes in the global labour market, driven by digitalisation, artificial intelligence, climate transition, and demographic shifts, could deepen inequality if governments fail to strengthen lifelong learning systems.…

From Outsourced to Core Staff: How Performance Earned 52 Professionals a Permanent Place at The Alternative Bank

From Outsourced to Core Staff: How Performance Earned 52 Professionals a Permanent Place at The Alternative Bank

On a humid morning in Magboro, Lagos, in March 2020, Ms. Nsidibe Glory Abraham reported for duty at The Alternative Bank (AltBank) just as Nigeria edged towards lockdown. Within days, businesses shut, streets emptied, and…

Jigawa Governor Urges Graduates to Build Resilience Amid Labour Market Pressures

Jigawa Governor Urges Graduates to Build Resilience Amid Labour Market Pressures

The Governor of Jigawa State, Malam Umar Namadi, has urged graduating students of Sule Lamido University to remain resilient, innovative, and value-driven as they navigate Nigeria’s challenging labour market. Speaking at the institution’s 2nd Combined…

High Participation, Low Pay: Nigerian Women Shut Out of Secure Employment, Says World

High Participation, Low Pay: Nigerian Women Shut Out of Secure Employment, Says World

The World Bank has revealed that only 10.5% of Nigerian women are engaged in wage and salaried employment, underscoring persistent structural barriers to formal job access despite high participation in the labour market. The finding,…

World Bank warns developing economies face major jobs gap as youth population rises

World Bank warns developing economies face major jobs gap as youth population rises

The World Bank Group has warned that developing economies could face a major employment crisis as millions of young people enter the labour market without sufficient job opportunities. In a blog post published on its…

Tech Disruption Reshaping Jobs Worldwide, ILO Warns, Urges Human-Centred Labour Policies

Tech Disruption Reshaping Jobs Worldwide, ILO Warns, Urges Human-Centred Labour Policies

The Director-General of the International Labour Organization (ILO), Mr. Gilbert F. Houngbo, has called for human-centred and rights-based policies to address rapid technological change and growing fragmentation in the global labour market. Mr. Houngbo made…

Job losses drive N8.43bn pension withdrawals in Q3 2025 — PenCom

Job losses drive N8.43bn pension withdrawals in Q3 2025 — PenCom

The National Pension Commission (PenCom) has disclosed that job losses across Nigeria’s labour market led to N8.43 billion in pension withdrawals within a three-month period, as affected workers turned to their Retirement Savings Accounts (RSAs)…

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