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
The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.16 per cent decline on Tuesday, January 21, extending its loss this week to two.
This further depleted the market capitalisation of the alternative stock exchange by N1.65 billion at the close of transactions to N1.071 trillion from the N1.073 trillion it closed in the preceding session.
In the same vein, the NASD Unlisted Security Index (NSI) slid by 4.79 points to wrap the session at 3,100.33 points compared with 3,105.12 points recorded in the previous session.
The bourse ended with two price losers yesterday led by Geo Fluids Plc, which gave up 32 Kobo to trade at N4.38 per share versus Monday’s closing price of N4.70 per share and FrieslandCampina Wamco Nigeria Plc, which depreciated by 15 Kobo to close at N39.50 per unit compared with the previous day’s N39.65 per unit.
On the second trading day of the week, the number of deal carried out slightly went up by 8.3 per cent to 13 deals from the 12 deals executed at the previous trading session.
Also, the value of transactions increased by 97.2 per cent to N4.5 million from the N2.5 million recorded a day earlier, while the volume of securities traded in the session declined by 71.6 per cent to 183,780 units from the 767,610 units recorded on Monday.
FrieslandCampina Wamco Nigeria Plc remained the most traded equity by value (year-to-date) with 4.1 million units worth N162.9 million, followed by Geo-Fluids Plc with 9.1 million units valued at N44.0 million, and 11 Plc with 55,358 sold for N14.5 million.
Also, Industrial and General Insurance (IGI) Plc closed the day as the most active stock by volume (year-to-date) with 25.3 million units worth N5.9 million, trailed by Geo-Fluids Plc with 9.1 million units sold for N44.0 million, and FrieslandCampina Wamco Nigeria Plc with 4.1 million units valued at N162.9 million.
By Adedapo Adesanya
Pressure further mounted on the Nigerian Naira in the different segments of the foreign exchange market on Tuesday, making its value to shrink against the United States Dollar at the close of business.
In the Nigerian Autonomous Foreign Exchange Market (NAFEM), the domestic currency crashed against its American counterpart during the session by 0.18 per cent or N2.73 to settle at N1,552.78/$1, in contrast to Monday’s closing price of N1,550.05/1.
But against the Pound Sterling and the Euro, the local currency traded flat in the official market yesterday at N1,906.98/£1 and N1,613.48/€1, respectively.
As for the black market segment, the Naira weakened against the Dollar on Tuesday by N5 to sell for N1,670/$1 compared with the preceding day’s value of N1,665/$1.
Meanwhile, the cryptocurrency market heaved a sigh of relief during the session as President Donald Trump created a crypto task force dedicated to “developing a comprehensive and clear regulatory framework for crypto assets.”
The task force will be led by Commissioner Hester Peirce, a long-time advocate for the crypto industry, and will work closely with the crypto industry to develop regulations. This is after Mr Gary Gensler, an opponent of crypto, officially stepped down as chairman of the US Securities and Exchange Commission (SEC) after Mr Trump’s term started.
The task force will also work with Congress, providing “technical assistance” as it crafts crypto regulations.
Solana (SOL) recorded a 9.2 per cent growth to sell at $257.09, Dogecoin (DOGE) rose by 7.6 per cent to $0.36789, Ripple (XRP) added 4.0 per cent to finish at $3.18, and Bitcoin (BTC) increased by 3.7 per cent to $105,515.03.
Further, Binance Coin (BNB) appreciated by 2.8 per cent to close at $699.01, Cardano jumped by 2.1 per cent to trade at $0.9972, Ethereum (ETH) soared by 2.0 per cent to settle at $3,308.21, and Litecoin (LTC) went up by 1.5 per cent to end at $116.72, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) closed flat at $1.00 each.
By Adedapo Adesanya
The price of the Brent crude oil grade went below the $80 mark on Tuesday after it shed 86 cents or 1.1 per cent to trade at $79.29 per barrel after the US President, Mr Donald Trump, signaled the possibility of his country boosting its oil production.
This move raised concerns of higher US output in a market widely expected to be oversupplied this year, with the US West Texas Intermediate (WTI) crude futures falling by $1.99 or 2.6 per cent during the session to $75.89 per barrel.
On his first day in office, the US President signed an executive order to unleash America’s energy by easing the barriers to oil and gas extraction and production and revoking a series of climate orders by former President Joe Biden.
As pledged in the campaign, the executive order follows the declaration of a national energy emergency.
The declaration includes measures to expedite energy infrastructure delivery, and emergency approvals by agencies “to facilitate the identification, leasing, siting, production, transportation, refining, and generation of domestic energy resources, including, but not limited to, on Federal lands.”
This will likely confirm expectations that the oil market will be oversupplied this year after weak economic activity and energy transition efforts weighed heavily on demand in top-consuming nations the US and China.
President Trump also said he was considering imposing 25 per cent tariffs on imports from Canada and Mexico from February 1, rather than on his first day in office as promised.
The delay helped ease concerns of an immediate tightening of the market among US refiners, many of which are geared to process the type of crude oil supplied by these countries.
The US Energy Information Administration (EIA) reiterated on Tuesday its expectations for oil prices to decline both this year and next.
On its part, the Organisation of the Petroleum Exporting Countries (OPEC) projects robust demand growth in the world both this year and next.
In 2025, OPEC says demand is set to grow by 1.4 million barrels per day leaving its projection unchanged from the December report.
However, losses were also limited after the US president said his administration would “probably” stop buying oil from Venezuela. The U.S. is the second-biggest buyer of Venezuelan oil after China.
Also weighing on prices on Tuesday was the potential end to the shipping disruption in the Red Sea.
Yemen’s Houthis said on Monday they will limit their attacks on commercial vessels to Israel-linked ships provided the Gaza ceasefire is fully implemented.
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