Business
Vacancies: Digital media company is hiring
A digital media company in South-South Nigeria is hiring to fill the following vacancies:
MANAGING EDITOR
Responsibilities: The Managing Editor will be primarily responsible for planning and managing all daily operations of the website; approving assignments for writers and editors, and implementing best practices, workflows, tools, and templates to maximise efficiency.
Requirements: The ideal candidate should have exceptional ability in copywriting and editing and working knowledge of online platforms like WordPress and Search Engine Optimisation (SEO) concepts. The candidate should possess outstanding communication, presentation, and leadership abilities in planning and coordinating people and operations, and excellent organisational skills. Candidates must be proficient in digital journalism.
Education and Experience: Must have at least a first degree from a recognised university, with at least 10 years post-qualification experience and must have worked in a similar role.
EDITOR
Responsibilities: The Editor will be responsible for producing contents for the website based on the editorial policy and publishing specifications. He or she shall edit, vet and select stories for publication and also generate headline ideas in alignment with the targeted audience’s preferences.
Requirements: The ideal candidate should possess previous writing and proofreading experience and proven experience in a related role. He or she should have good eye for detail and exhibit excellent leadership skill. Candidates must be versatile in digital journalism.
Education and Experience: The ideal candidate must have a good first degree from a recognised university with at least 8 years post-qualification experience and proven experience as an Editor or a Deputy Online News Editor.
DEPUTY EDITOR
Responsibilities: The Deputy Editor will be responsible for managing the editorial content, edit articles, fact-check and get involved in decisions regarding layout, design, tone. The Deputy Editor should be able to stand in for the Editor when necessary.
Requirements: Proven experience in editing, writing, and proofreading with an excellent portfolio. Familiarity with SEO and social media platforms. The candidate must possess excellent communication skills and be able to prioritise and multitask. Candidates should be proficient in digital journalism.
Education and Experience: Must have a first degree from a recognised university, with at least 5 years post qualification experience and proven experience as Deputy Editor.
NEWS EDITOR
Responsibilities: The News Editor will manage and edit daily news, special news stories, and other news content. He or she will monitor all feeds from the news bureau and other agencies for editing and further publications. The News Editor will design and implement coverage strategies to facilitate wide coverage of all sorts of news; evaluate all news for authenticity and check with sources to ensure the correctness of published articles; prepare reports for current news trend, new readers and sustain existing readers and ensure compliance with media laws and ethical guidelines.
Requirements: The candidate must possess excellent ability in writing and editing, hands-on experience with basic Microsoft Office and other publishing tools, and strong proofreading skills. Candidates must be proficient in digital journalism.
Education and Experience: Must have a first degree from a recognised university with at least 5 years post qualification experience and proven experience in a similar role.
BUSINESS EDITOR
Responsibilities: The Business Editor will specialise in planning & coordinating the creation of business-related content for the website; edit and organise content; develop metrics to measure how content is consumed, among others.
Requirements: Journalism experience, particularly business journalism with extensive network of sources across the economy and industry beat as well as hands-on-skill in new media, excellent interpersonal and communication skills, and good analytical skills. The ideal candidate must be proficient in digital journalism.
Education and Experience: Must have a first degree from a recognised university with at least 3 years post qualification experience and proven experience in a similar role.
SOCIETY EDITOR
Responsibilities: The Society Editor will specialise in planning & coordinating the creation of society-related content for the website; edit content and work with writers on translating ideas to publishable society stories and also develop story and content ideas according to the publication’s style and editorial policy.
Requirements: The society editor must be experienced in editing, commissioning, and writing society, metro and city-life content as well as excellent interpersonal and communication skills. Candidates must be proficient in digital journalism.
Education: Must have a first degree from a recognised university, with at least 3 years post-qualification experience and proven experience as a society editor.
WEB DEVELOPER
Responsibilities: The web developer will build & test aesthetic, function, and user- friendly website, Serves as the primary contact for all aspects of the organisation’s website(s), develops and maintains internet and intranet portals, forms, and structures by the organisation’s needs, encourages and facilitates consistent, creative, and unified web design across the organisation’s web properties, collects and analyses web analytics and similar data; identifies opportunities to improve SEO, time on site, web traffic, and other relevant metrics and maintains current knowledge of best practices and emerging developments in web design, web development, and technology.
Requirements: Candidates must possess extensive knowledge of website management, analytics, design, and SEO best practices and standards, working knowledge of or ability to quickly learn web content management systems, applications, and tools used by the organisation, highly proficient with HTML/CSS; working knowledge of XML, SQL, JavaScript, and other programming languages.
Education and Experience: Must have at least a first degree from a recognised university or its equivalent. Proven experience as a web developer.
HOW TO APPLY:
Interested and qualified candidates should send CV to jobtracking@edojobs.org and jobvacancies.digitalmedia@gmail.com using the position as the subject of email.
OR
Walk into Edo Job Centre at: Edo Innovation Hub, 59 I.C.E Road, Wire Road, Benin City, Edo Production Centre, Magistrate Court Compound, Sapele Rd, Benin City.
Deadline for submission of application:
All applications must be sent in before March 31, 2022.
Business
Naira depreciates to N1,700/$ at parallel market — lowest in seven months
The naira depreciated to N1,700 per dollar at the parallel section of the foreign exchange (FX) market on Friday.
At the end of trading hours, the naira depreciated by 1.49 percent compared to the N1,675/$ traded on Thursday.
The N1,700 per dollar is the lowest the naira has depreciated since February 19, when the naira recorded a low of N1,730/$.
Currency traders, also known as street traders, in Lagos, quoted the buying rate of the local currency at N1,680/$ and the selling rate at N1,700/$ — leaving a profit margin of N20.
Currency traders, also known as street traders, in Lagos, quoted the buying rate of the local currency at N1,680/$ and the selling rate at N1,700/$ — leaving a profit margin of N20.
WEEK-LONG FLUCTUATIONS
At the parallel market on Monday, the naira depreciated to N1,665/$ from N1,663 on September 20.
Maintaining the depreciation streak, the local currency fell further to N1,670 and N1,680 on Tuesday and Wednesday, respectively.
However, the naira rebounded to N1,675 on Thursday.
At the official FX market, the local currency depreciated to N1,562.66 on Monday — from N1,541.52 on September 20.
Subsequently, the naira further depreciated to N1,658.48 on Tuesday and N1,667.72 on Wednesday, before appreciating to N1,576.1 on Thursday.
On January 29, the Central Bank of Nigeria (CBN) said it had begun implementing a comprehensive plan to improve liquidity in the Nigerian FX markets in the short, medium, and long term.
The apex bank said the FX reforms were designed to streamline and harmonise multiple exchange rates, promote transparency, and lessen the likelihood of arbitrage opportunities.
On September 25, Olayemi Cardoso, governor of CBN, said the multiple interest rate hikes have restored confidence in the naira.
Business
CBN extends suspension of processing fees on deposits to March 2025
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on cash deposits for six months.
The development comes six days before the suspension date initially fixed, expires.
On May 1, banks resumed the collection of processing fees on cash deposits.
Six days later, CBN suspended charges on the deposits until September 30.
However, in a circular directed to all banks, other financial institutions and non-financial institutions, dated September 24, 2024, and signed by Adetona Adedeji, CBN’s director of banking supervision, the apex bank extended the date to March 31, 2025.
“Further to our letter dated May 6, 2024, referenced BSD/DIR/PUB/LAB/016/023, the Central Bank of Nigeria (CBN) hereby extends the suspension of processing charges on cash deposits above N500,000 for individuals and N3,000,000 for corporates,” the apex bank said.
“The previous suspension, set to expire on September 30, 2024, has now been extended until March 31, 2025.
“This suspension pertains to the 2% and 3% fees outlined in the ‘Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions, issued on December 20, 2019.”
CBN asked all financial institutions to continue accepting cash deposits from the public without any charges during the period.
Business
Meta unveils John Cena, others as new AI voice clones
Meta, the giant tech company, announced on Wednesday the integration of celebrity voices into its artificial intelligence chatbot, Meta AI, in an effort to compete with products like ChatGPT.
At the Meta Connect 2024 developer conference in Menlo Park, founder Mark Zuckerberg revealed that users of Instagram, Messenger, WhatsApp, and Facebook can now engage in real-time conversations using a variety of voices, including those of celebrities like Awkwafina, Dame Judi Dench, John Cena, Keegan-Michael Key, and Kristen Bell.
While this new voice feature aims to enhance user interaction, it differs from OpenAI’s Advanced Voice Mode for ChatGPT, which is celebrated for its expressive and emotive tones. In contrast, Meta’s offering resembles Google’s Gemini Live, which transcribes speech and reads responses aloud with synthetic voices.
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