Business
Certifications Vital for Enhancing Remote Job Opportunities, Says PMI Leader
George Asamani, Managing Director of the Project Management Institute (PMI) for Sub-Saharan Africa, emphasizes that certifications provide specialized expertise essential for navigating the evolving job market, especially in the context of remote work.
Asamani explained that while degrees offer foundational knowledge, certifications reflect the latest industry trends and methodologies, ensuring professionals remain relevant. He noted that project management is particularly crucial for remote roles, highlighting the importance of strategic thinking, problem-solving, and leadership skills across various sectors, from technology to creative industries.
With the continent’s ongoing urbanization and industrialization, the demand for skilled project managers is set to grow. PMI’s recent Talent Gap Report forecasts a need for 25 million new project professionals globally by 2030, driven by economic expansion and increasing job requirements.
In today’s competitive landscape, possessing internationally recognized certifications can significantly enhance job prospects. Certified professionals demonstrate a commitment to ongoing learning and provide employers with a standardized measure of competence.
Asamani pointed out that certifications like the Project Management Professional (PMP) not only improve employability but also offer greater career mobility for African youth, making them attractive to international employers. With the rise of remote work, the ability to manage projects from any location becomes a valuable asset.
PMI’s 15th annual Pulse of the Profession report indicates that project performance is unaffected by work location, suggesting organizations should prioritize supportive programs to help teams develop new skills rather than reverting to traditional office-centric models.
Remote work has transitioned from a temporary solution during the pandemic to a lasting employment norm. Asamani urged African youth to embrace this shift by acquiring the necessary skills and certifications, positioning themselves as leaders in the global job market and driving innovation in their fields.
Business
Shehu Sani Criticizes World Bank Over Nigeria’s Economic Outlook
Former Kaduna Central Senator Shehu Sani has criticized the World Bank for worsening Nigeria’s economic difficulties. In a post shared on X, Sani accused the institution of projecting that Nigeria’s hardship would extend for another 15 years before the country could reach a better economic future. He questioned how many Nigerians would be left to enjoy that future, and how many African nations the World Bank has successfully helped to prosperity.
Sani’s remarks follow the World Bank’s latest *Africa’s Pulse* report, which forecasts that the Nigerian Naira will be among the worst-performing currencies in Sub-Saharan Africa by August 2024. The report placed the Naira’s decline alongside that of the Ethiopian Birr and South Sudanese Pound.
Business
HIG: Building Trust and Driving Innovation in Nigeria’s Insurance Market
Heirs Insurance Group (HIG) recently announced impressive financial results for the 2023 fiscal year, marking significant growth across all key metrics. The Group’s Gross Written Premium (GWP) surged by 59.3%, from N19.9 billion in 2022 to N31.7 billion in 2023. This remarkable performance underscores HIG’s resilience and operational efficiency, further solidifying its position as one of Nigeria’s fastest-growing insurance firms.
Heirs General Insurance (HGI) saw a 77% increase in GWP, reaching N12 billion in 2023. HGI’s profit before tax (PBT) also rose by 203%, reflecting the company’s effective cost management. Similarly, Heirs Life Assurance (HLA) reported a 71% GWP increase and a staggering 395% rise in PBT. Both companies have demonstrated a strong commitment to customer satisfaction, disbursing billions in claims.
Beyond financial success, HIG actively engages in corporate social responsibility (CSR) projects, contributing over N100 million to education, community development, and financial literacy. With plans for future expansion and innovation, HIG is poised to remain a key player in Nigeria’s evolving insurance market.
Business
Wike Urges Nigerians to Pay Taxes for Improved Social Services
Federal Capital Territory (FCT) Minister, Nyesom Wike, has called on Nigerians to fulfill their tax obligations, emphasizing that government revenue is essential for delivering social services. Wike made this appeal during the inaugural Abuja Business and Investment Summit, held in Abuja on Wednesday.
Speaking on the summit’s theme, “Optimising Investment Through Partnerships,” Wike stressed the importance of collaboration to generate investment opportunities. He dismissed the misconception that the government does not need revenue, explaining that taxes are crucial for funding public services.
Wike reiterated that both investors and the government must benefit from such partnerships, ensuring that both parties “go home smiling” through a fair exchange of services and taxes.
-
Business14 hours ago
Okpella Monarch: Obaseki Ratified Kingmakers Decision, End 5years leadership Vacuum
-
Banking10 hours ago
Free Food Saga: Akpabio quoted out of context-CSO
-
Foreign15 hours ago
Sci-tech innovation fuels China’s high-quality development
-
Entertainment7 hours ago
Davido Declares ‘Timeless’ His Best Album
-
Entertainment7 hours ago
‘Adire’ Secures Four Nominations at the Best of Nollywood Awards
-
Business7 hours ago
Wike Urges Nigerians to Pay Taxes for Improved Social Services
-
Foreign9 hours ago
Qinling Mountains better safeguarded with comprehensive digital platform
-
Foreign9 hours ago
Expressway service station in Shandong achieves carbon neutrality