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Jobberman Expands Soft Skills Training to WhatsApp and Telegram

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Jobberman, the single most extensive online training and job placement website in sub-Saharan Africa, has expanded its non-cognitive soft-skills training to include low-tech messaging platforms such as WhatsApp and Telegram, and to impressive results.

Over a five-month period, the programme recorded a 41 percent completion rate – almost triple the average completion rate for certificated online courses.

The self-paced training, which includes modules such as emotional intelligence and teamwork, personal effectiveness, time management, and other employability skills, had over 65,000 participants in the first phase, which took place between January and May 2022.

Social messaging platforms contributed to nearly 80% of the participants, with the remaining 20% coming from other Edtech platforms.

Commenting on the announcement, Oreoluwa Boboye, CEO of Jobberman Nigeria, said, “We are optimistic about the scalability of low-tech solutions for e-learning, which will see significantly increased adoption and completion rates of our soft skills courses.

“Our training has proven to be the difference in securing employment for jobseekers, so for Jobberman, it was a high priority to find creative and uncomplicated ways to reach a mass online demographic that is often disenfranchised by the options available to them. With this inclusive move, we hope to make even greater strides to close the skills gap in Nigeria.”

Nigeria’s unemployment rate has climbed to approximately 33 percent since the COVID-19 pandemic, making it the second-highest in the world.

Jobberman is utilising the accessibility of low-tech social platforms to counter barriers such as the relatively high cost of technology and internet connection to reduce the soft skills gap in the labour market to meet the needs of employers.

These tech-enabled approaches to non-cognitive upskilling have become more prevalent, as evidenced by the 41 percent completion rate witnessed in the first phase. Social media platforms remain a popular medium for e-learning in Africa, with the majority focused on capacity building, providing young Africans with a low-cost opportunity for skill acquisition.

In response to concerns from African CEOs about the availability of essential skills in their workforce, Jobberman is equipping young people (18–35) with critical tools to help them transition into their new roles and increase workplace productivity.

The global e-learning market is expected to reach a market value of $336.98 billion by 2026, growing at a rate of 9.1% from 2018 to 2026, however, Jobberman continues to offer soft-skills training and certification for free.

 


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FBNQuest Asset Management Wins Asset Management Award at BusinessDay Banks & Other Financial Institutions Awards

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FBNQuest Asset Management, an investment management firm in Nigeria and a subsidiary of FBN Holdings Plc., is proud to announce that it has been honoured with the prestigious Excellence in Asset Management Award at the recent BusinessDay Banks and Other Financial Institutions Awards.

This recognition highlights FBNQuest Asset Management’s unwavering commitment to delivering exceptional investment solutions and fostering financial growth for its clients.

The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service.

“We are immensely proud to receive this award, which reflects our dedication to excellence and our focus on creating value for our clients,” stated Ike Onyia, Managing Director, FBNQuest Asset Management. “This achievement is a testament to the hard work and expertise of our team, as well as the trust our clients place in us. We will continue to strive for excellence in all that we do.”

FBNQuest Asset Management offers a range of investment solutions, including mutual funds, discretionary portfolio management, and alternative investments, tailored to meet the diverse needs of its clients.

The firm remains committed to maintaining the highest standards of integrity and professionalism in the asset management industry.

The BusinessDay Banks and Other Financial Institutions Awards are recognized as one of the most prestigious accolades in the financial sector, honouring organisations that excel in performance, innovation, and customer service.

 


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FG Launches Amnesty to Allow Deposits of Forex outside Banking System

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Federal government has unveiled a new policy for Nigerians to deposit dollar bills held outside the formal banking system without scrutiny.

FG Launches Amnesty to Allow Deposits of Forex outside Banking System

Nigerians have nine-month deadline to do this according to Wale Edun, minister of Finance and coordinating minister of the Economy.

Edun who spoke after the Thursday’s National Economic Council (NEC) meeting in Abuja, said that “there will be no penalty; there will be no taxes, and there will be no questions.”

“There is going to be a release today, details by the federal government through the Ministry of Finance, in conjunction with the Central Bank, a programme, starting today, 31st of October, and lasting nine months, that will allow people to bring in cash that is outside the banking system.

“So therefore it is unsafe, it is unsecure and it is outside of legal limits. They will allowed forbearance to bring dollars cash. Let me emphasize once again, it is to bring dollars that they are holding outside the system to be able to bring them in and credit it to their bank accounts, as long as it is not proceeds of crime, illicit money.

“They just meet the normal ‘Know Your Customer’ criteria of banks and they have an opportunity to bring in those funds, make them safe, make them secure, and make them available through normal, economic activity.”

The minister also stated that 25 million Nigerians have benefitted from federal social protection initiatives, including digital outreach, microenterprise loans, and sector-specific support for power, agriculture, manufacturing, health, and compressed natural gas initiatives.

 

 

 

 

 

 

 


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NAICOM Sacks African Alliance Insurance Board

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The National Insurance Commission, (NAICOM), on Wednesday, sacked the board of African Alliance Insurance Plc with effect from October 30, 2024.

The Commissioner for Insurance, Mr. Segun Omosehin, disclosed this during a press conference in its Lagos office, that an interim board and management have be appointed.

The new interim board are: Dr Haruna Mustafar, a former director at Central Bank of Nigeria; Anthony Achebe – Non-Executive and Haj. Halimatu M. Khabeeb – Non-Executive Director.

The management team is led by former Managing Director of International Energy Insurance and Cornerstone Insurance Plc, Jacob Erabor, as Managing Director/ CEO; Wasiu Amao – Executive Director, Technical and Ms. Oremeyi Longe – Executive Director, Finance.

He noted that the interim management has up to one year to turn around the company.

He said the decision follows an extensive monitoring and review of the company’s financial condition, governance, and operational practices, which revealed significant concerns regarding its ability to continue operating in a safe and sound manner which has for some time now generated a lot of uncertainty over claims settlement and payment to annuitants under the company.

The Interim Management Board, according to him will oversee the company’s operations, ensure compliance with regulatory requirements, and implement necessary reforms.

While noting that the Commission will work closely with all stakeholders, including annuitants, policyholders, employees, and investors, to minimise disruption and ensure continuity.

”The objective of this takeover is to protect the interests of African Alliance Insurance Plc’s annuitants, policyholders, other stakeholders, and the broader insurance industry while ensuring the company’s return to stability and compliance.

“The Commission is committed to maintaining the stability and integrity of the Nigerian insurance industry. Our actions today demonstrate our resolve to address concerns and protect the annuitants, policyholders and public interest.”

 


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