Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. Zoom provides easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems.
Read more… Unemployment Rate in Nigeria 2020 and its Economic Consequences10 Reasons Why Nigeria is Underdeveloped despite abundant human and natural resourcesEase of Doing Business in Nigeria; Meaning, World Ranking, Factors that Affect, Steps to ImproveIt is Possible to Lift Over 100 Million Nigerians Out of Poverty in 2020Human Capital Innovation Secret for Prosperous Nigerians and Nigeria Udovicic has worked in the Information and Technology and Telecoms sectors across different continents including Europe, Asia and Africa, engaging in growing development in the media and telecoms spaces.He is expected to implement his vast experiences in product development, product design, product pricing and customer relationship management, focusing on product delivery into the physical and digital interfaces in the telecom firm.He joined 9mobile directly from Axiata Group Berhad, through its Cambodian subsidiary, Smart, where Mr. Udovicic grew a successful commercial team.Before his stint at Axiata, he served as Marketing Director at Orange Romania for three and half years, developing products and services, digital, brand, and pricing.He also worked with Etisalat as Customer Experience Director, spending time in the Kingdom of Saudi Arabia and the UAE.Chief Executive Officer of 9mobile, Alan Sinfield, described Udovicic as a hardworking professional and that he represents the 9mobile spirit.On his part, Udovicic said he is excited to join the team at 9mobile as CCO and looking forward to using his expertise to accelerate further access to quality products and services for telecoms subscribers in Nigeria.Zoom, one of the success stories during the pandemic, is turning its huge free-user base into hard cash.The California-based video communication service provider Zoom gained more than 350%, and profits rocketed by about 3,300% in its Q2 result, as several companies across the globe subscribed to the video conferencing app in connecting with their employees working remotely during the COVID-19 pandemic.Zoom’s Stock price hit a record high yesterday ahead of the earnings statement by Zoom CEO, Eric Yuan and then gained another 28% in after-hours trading once the results became public.The numbers indicate that Zoom, one of the success stories during the pandemic, is turning its huge free-user base into hard cash.However, J.P.Morgan analyst, Sterling Auty in a note to Bloomberg, warned that the impressive result printed by Zoom might not last for long as the pandemic eases. Africa's most populous nation and largest economy has a youth unemployment problem.
In 2018, unemployment rate for Nigeria was 22.6 %. TEForecast These states also have policies that directly target job creation.Whatever model the South-West zone adapted to provide jobs and better the lots of the people, the South-South should draw a leeway from it and not compound unemployment woes in the country.Samuel is an Analyst with over 5 years experience. By. The National Bureau of Statistics (NBS), on Friday, released the much-anticipated unemployment figures for states in Nigeria. Trending. It was the first decline in real non-oil GDP growth rate since Q3 2017. Nigeria’s unemployment rate increased from 18.8 per cent in the third quarter of 2017 to 23.1 per cent in in the third quarter of 2018, the National Bureau of Statistics (NBS) has said. This is despite being some of the richest states in the country in terms of oil revenues and internally generated funds.Despite all the oil money, see which region came last. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. You will also find the economic consequences of high unemployment rate in the country.The unemployment rate in Nigeria is quite alarming, and the rate is increasing by the day. These cookies will be stored in your browser only with your consent. The economic consequence of unemployment in Nigeria is that, it has helped in causing potential homelessness for Nigerian citizens. Research has shown that Gauteng manufacturing has declined considerably since 1994. GDP You can imagine the ffects of unemployment on health of the citizens.Lost of human capital in Nigeria is another economic consequence of unemployment in the country. In Nigeria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. Anything close to 20% is pathetic and an indictment on all. Reference