Jobberman Nigeria Acquires 100% Stake in Rival NgCareers

September 4, 2020
Jobberman Nigeria

By Adedapo Adesanya

Job recruitment platform, Jobbberman Nigeria, has acquired Ngcareers in a deal that will see the company own 100 per cent of what used to be its rival.

In a press statement, the company wrote that “Jobberman Nigeria and Ngcareers have reached into an agreement where Jobberman acquires 100 per cent of Ngcareers.com, Nigeria´s foremost online destination for job vacancies, recruitment insights, and career advancement tools.”

Through this acquisition, ROAM Africa, the parent company of Jobberman Nigeria, will further consolidate the Nigerian job marketplaces market with the aim to be the ultimate destination for job seekers in Nigeria with a focus on growth and ambitious innovation.

This also translates to both companies pulling their resources to reach over more than one million Nigerians every month.

Both Jobberman Nigeria and Ngcareers are on a mission to tackle the growing disconnect between labour demand and supply with scalable technology. The new development aims to help bridge the unemployment gap and drive the growth of the Nigerian workforce by providing millions of young people access to career development tools, opportunities, professional and vocational skill development.

It was noted that for a transition period, Jobberman Nigeria and Ngcareers will continue as independent brands, working closely together as a combined organization under the roof of ROAM Africa, led by CEO Mr Clemens Weitz.

The midterm goal, according to the release, is to operate solely under the brand Jobberman.com.

Speaking on this, Mrs Hilda Kabushenga Kragha, CEO of Jobberman Nigeria said, “Ngcareers is one of the top job portals in Nigeria. With this acquisition, we have the opportunity to widen our scope in Nigeria and show our long-term commitment to the market.

“The acquisition of Ngcareers will further cement our position as the number one careers platform in Nigeria. It will give us a stronger and bigger platform and enable us to create better digital services for our customers.

“We look forward to welcoming our new employer partners and job seekers from Ngcareers to the Jobberman family.”

On the part of Ngcareers, Mr Paul Eze, the co-founder and CEO said, “After a thorough evaluation of the different strategic options for Ngcareers, we are pleased to divest this successful business to Jobberman Nigeria, a strategic and committed owner. I would like to thank our Ngcareers team for their commitment and success in growing and developing the business, which is in very good shape.”

Adding his input, Mr Weitz noted that, “By 2035, Africa will be home to the world’s largest workforce. The challenges to overcome until then are massive, and cannot be solved without scalable technology solutions.

“We go far beyond the traditional career portal, and enable employers and jobseekers to make the best career decisions by bringing them actionable and personalized insights.

“This move accelerates us on our mission and allows us to introduce our cutting-edge tech faster into the market. We look forward to welcoming Ngcareers and together transforming into a next-generation marketplace.”

Ngcareers was founded in 2009 by Paul and Andrew Eze and grew from a few hundred users to over 1 million users in Nigeria in 2019.

Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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