Economy
5 Uncommon Professions That Can Earn You A Living In Lagos
By Nkem Ndem
“I need a job!” That is a line you are bound to hear from droves of young professionals and fresh graduates fresh in Lagos today. Thanks to the natural consequence of the dark economic times we are trudging, there is a high rate of unemployment and people are desperate for job. The good thing about this difficult time is that it now pushes job seekers to think outside the box. They find themselves employing creative manoeuvres and unorthodox tactics…and surprisingly, when they do, they are greeted with opportunities they have never thought existed before. Some of these opportunities result in professions that are not normally viewed as common; however, they pay quite a lot.
Wondering what these unusual employment opportunities may be? Jumia Travel shares 5 uncommon vocations that can earn you a living in Lagos.
Voice-over artiste
So many adverts are shown on TV and radio on the regular with voice overs from different people. Who do you think are behind these voice overs? Celebrities? Not necessarily. Ad agencies and companies regularly hire and pay voice-over artistes for such tasks as dubbing for the television and audio productions, creating online books and audio files amongst other things. These artistes can actually make as much as N50,000 for just 5 minutes of recording. If you have a great voice and you love reading from books and other textual matter, you can try this out.
Personal Shopper
Lagosians love fashion and no matter how broke they claim to be, a majority of the city’s residents will still shop till they drop. The thing, though, is that most of these people who can afford to shop so much, do not have the time or the skill per say to go out shopping for what they need to create the style they are looking for, they instead need personal shoppers to do the task for them. Personal Shopping, though uncommon, is one of the easiest jobs to have in Lagos. The job is probably for people who like to shop all the time and it pays good money too.
Toll Booth Collector
Nobody ever thinks of this job when seeking for employment really, but if you don’t mind sitting in a cramped tin room and collecting money from people all day long, this certainly can be a dream job. From the highways to shopping malls and centers, toll booths are found all over Lagos and all a toll booth collector has to do is sit around in the tiny room, collect money from people driving off to better places. The perk is that you could get tips from people who want to brighten up your day. The good thing is you can even just decide to work just night shifts and do something else in the day time. While this seems like a lazy job, it pays quite handsomely for the little work you do.
House-Sitting
This job which literally involves babysitting a house, mostly luxury homes, may seem far-fetched for Lagos, but it really is not. A number of people who own houses within the city either live in other countries or travel a lot and need people to tend to their houses while they are away. It is not common to find houses in Ikoyi area and Banana island, including VGC being occupied by house-sitters. The responsibility of a house sitter is such that he/she ensures that when the homeowners are away, they safeguard the space, most times, living in their home like it is their own and getting paid for it.
Dog walker
Lagosians, especially those who live in highbrow areas like Ikoyi, Victoria Island, Lekki and VGC, usually have a lot of things on their plate and barely have the time to groom, train or walk their pets. They employ dog walkers to help tackle that responsibility for them. While the mere mention of a dog walker as a source of real money will come as a joke to many, there are people who do earn a living out of this job in Lagos and making good money. Keep in mind though that this job is basically best suited for people who are in love with animals and have the patience required.
Nkem Ndem is a PR Associate at Jumia Travel.
By Adedapo Adesanya
Food Concepts Plc neutralized the gains recorded by three securities, returning the NASD Over-the-Counter (OTC) Securities Exchange into the negative territory with a 0.27 per cent loss on Thursday, December 4.
Yesterday, the share price of the parent company of Chicken Republic and PieXpress declined by 34 Kobo to sell at N3.15 per unit compared with the previous day’s N3.49 per unit.
This shrank the market capitalisation of the OTC bourse by N5.72 billion to N2.136 billion from N2.142 trillion and weakened the NASD Unlisted Security Index (NSI) by 9.57 points to 3,571.53 points from 3,581.10 points.
Business Post reports that Central Securities Clearing System (CSCS) Plc went down by 50 Kobo to N38.50 per share from N38.00 per share, FrieslandCampina Wamco Nigeria Plc gained 29 Kobo to sell at N55.79 per unit versus N55.50 per unit, and Geo-Fluids Plc added 5 Kobo to close at N4.60 per share compared with Wednesday’s closing price of N4.55 per share.
Trading data indicated that the volume of securities recorded at the session surged by 6,885.3 per cent to 4.3 million units from the 61,570 units posted a day earlier, the value of securities increased by 10,301.7 per cent to N947.2 million from N3.3 million, and the number of deals went up by 146.7 per cent to 37 deals from the 15 deals achieved in the previous trading session.
At the close of business, Infrastructure Credit Guarantee Company (InfraCredit) Plc was the most traded stock by value on a year-to-date basis with the sale of 5.8 billion units for N16.4 billion, trailed by Okitipupa Plc with 170.4 million units worth N8.0 billion, and Air Liquide Plc with 507.5 million units valued at N4.2 billion.
InfraCredit Plc also finished the session as the most traded stock by volume on a year-to-date basis with 5.8 billion units transacted for N16.4 billion, followed by Industrial and General Insurance (IGI) Plc with 1.2 billion units sold for N420.2 million, and Impresit Bakolori Plc with 536.9 million units traded for N524.9 million.
By Dipo Olowookere
The upward trend witnessed at the Nigerian Exchange (NGX) Limited in recent sessions continued on Thursday as it further improved by 0.10 per cent.
This was despite investor sentiment turning bearish after the local equity market ended with 23 price gainers and 28 price gainers, indicating a negative market breadth index.
UAC Nigeria gained 10.00 per cent to finish at N88.00, Morison Industries appreciated by 9.94 per cent to N3.54, Ecobank rose by 8.53 per cent to N36.90, and Coronation Insurance grew by 8.47 per cent to N2.56.
On the flip side, Ellah Lakes depreciated by 10.00 per cent to N13.14, Eunisell Nigeria also shed 10.00 per cent to finish at N72.90, Transcorp Hotels slipped by 9.95 per cent to N157.50, Omatek shrank by 9.23 per cent to N1.18, and Guinea Insurance dipped by 8.46 per cent to N1.19.
Yesterday, the All-Share Index (ASI) went up by 152.28 points to 145,476.15 points from 145,323.87 points and the market capitalisation chalked up N97 billion to finish at N92.726 trillion compared with the previous day’s N92.629 trillion.
Customs Street was bubbling with activities on Thursday, though the trading volume and value slightly went down, according to data.
A total of 1.9 billion stocks worth N19.2 billion exchanged hands in 23,369 deals during the session versus the N2.3 billion valued at N21.0 billion traded in 21,513 deals a day earlier.
This showed that the number of deals increased by 8.63 per cent, the volume of transactions depleted by 17.39 per cent, and the value of trades decreased by 8.57 per cent.
For another trading day, eTranzact led the activity chart with 1.6 billion units sold for N6.4 billion, Fidelity Bank traded 31.0 million units worth N589.3 million, GTCO exchanged 28.3 million units valued at N2.5 billion, Zenith Bank transacted 27.1 million units for N1.6 billion, and Ecobank traded 21.9 million units worth N744.3 million.
By Adedapo Adesanya
The Naira marginally depreciated against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, December 4 amid renewed forex pressure associated with December.
At the official market yesterday, the Nigerian currency lost 0.01 per cent or 18 Kobo against the Dollar to close at N1,447.83/$1 compared with the previous day’s N1,447.65/$1.
It was not a different scenario with the local currency in the same market segment against the Pound Sterling as it further shed N15.43 to sell for N1,930.97/£1 versus Wednesday’s closing price of N1,925.08/£1 and declined against the Euro by 20 Kobo to finish at N1,688.74/€1 compared with the preceding session’s N1,688.54/€1.
Similarly, the Nigerian Naira lost N5 against the greenback in the black market to quote at N1,465/$1 compared with the previous day’s value of N1,460/$1 but closed flat against the Dollar at the GTBank FX counter at N1,453/$1.
Fluctuations in trading range is expected to continue during the festive season as traders expect the Nigerian currency to be stable, supported by intervention s by to the Central Bank of Nigeria (CBN)in the face of steady dollar demand.
Support is also expected in coming weeks as seasonal activities, particularly the stylised “Detty December” festivities, will see inflows that will give the Naira a boost after it depreciated mildly last month, according to a new report.
“As the festive Detty December season intensifies, inbound travel, tourism spending, and diaspora inflows are expected to provide moderate support for FX liquidity,” analysts at the research unit of FMDA said in its latest monthly report for November.
Traders cited by Reuters expect that the Naira will trade within a band of N1,443-N1,450 next week, buoyed by improved FX interventions by the apex bank.
Meanwhile, the crypto market was down as the US Federal Reserve’s preferred inflation gauge, core PCE, likely rose in September—moving in the wrong direction. However, volatility indices show no signs of major turbulence.
If the actual figure matches estimates, it would mark 55 straight months of inflation above the US central bank’s 2 per cent target. The sticky inflation would strengthen the hawkish policymakers, who are in favour of slower rate cuts.
Ripple (XRP) depreciated by 4.5 per cent to $2.08, Solana (SOL) went down by 3.8 per cent to $138.11, Litecoin (LTC) shrank by 3.1 per cent to $83.23, Dogecoin (DOGE) slid by 2.5 per cent to $0.1463, Cardano (ADA) declined by 2.1 per cent to $0.4368, Bitcoin (BTC) fell by 0.9 per cent to $91,975.45, Binance Coin (BNB) crumbled by 0.9 per cent to $899.41, and Ethereum (ETH) dropped by 0.7 per cent to $3,156.44, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) closed flat at $1.00 apiece.
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