Saw a LinkedIn notification now that a familiar connection had been promoted to a Manager in one of the Big 4 and memory of the young man contacting us at JarusHub sometime in 2014 for interviewing coaching for the Big 4 firm flashed at me.
A raw brilliant young man with ..
...little exposure who made a 2:1 in one of the Education courses from a federal university in the hinterland of Nigeria. With no job few months after NYSC, he took a teaching job. Then he saw the advert of the Big 4 graduate recruitment and applied, and Big 4 being a trusted ...
..equal opportunity employer (irrespective of background), invited him for interview (after passing the test) and he approached us for coaching on the interview. We just started JarusHub as a career blog one year earlier and 2014 was the first time we decided to add services ...
...to what we do, having studied what similar career sites in other climes do. So we decided to introduce interview coaching and this young education graduate teacher was our first client.
I was solely running JarusHub then as my side gig and we didn't even have an office so ..
..the interview prep held at my home. I still recall doing a mock interview for him as he sat opposite me on my dining.
I saw raw brilliance without much exposure. With a little polishing and drilling, he was good to go. He went for the Big 4 interview and got the job.
Today, 7 years later, I saw a LinkedIn notification that he had become a Manager.
Although we have expanded at JarusHub with office and staff now, and at least 30 other candidates who passed through our prep now working in Big 4 since then, this young man's case...
...remains personal to me because he was our first client for interview prep service and he was a poor boy who had managed to rough it through school and only got a teaching job after school before that Big 4 firm gave him a chance.
Congrats to the young man on his promotion.
And the Big 4 firms continue to prove that they are one of the best and most merit based recruiters out there who give equal opportunity to everybody.
They are usually my first recommendation for young grads.
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This is one area that has generated curiosity, questions among Nigerians since the passage of PIB.
Frontier, in simple language, means limit, border. So if you are extending frontier, it means you are going into unexplored areas ..
Frontier acreage in oil exploration therefore roughly means unexplored areas. The traditional area of oil production in Nigeria is the Niger Delta, which has links to the Atlantic Ocean. Frontier areas are therefore areas with potential oil outside the trad Niger Delta- new areas
Although frontier is broader, it is sometimes interchanged with inland basins - inland because they dont have anything to do with ocean.
The inland basins of Nigeria include Anambra Basin, Sokoto Basin, Bida Basin, Benue Basin, Chad basin, Benin, Gongola etc.
The former was established by a special law, NNPC Act 1977 (as amended) and not a company subject to CAMA, the law guiding companies in Nigeria.
The latter is limited liability company subject to CAMA
It is also a company with shares. Only that the shares will be held by government. So it is still a government company but now a limited liability company.
PIB repeals the NNPC Act.
A major difference between this and the version of PIB worked on in the 8th NASS is, NNPC was
to be unbundled into 2 companies, National Petroleum Assets Management Company (NAPAMC - to handle PSC assets of predecessor NNPC) and National Petroleum Company (NPC - to take over NNPC's JV interests).
Both NPC and NAPAMC were to be fully owned by government through the
If PIB is passed tomorrow as credibly rumored (and the president assents later), it would be a climax for some of us who have followed (and contributed somewhat) to the Bill.
Closely followed and commented on it in the past 8 years and tried to give some education on it
Some of the articles (caveat: the Bill changed so frequently that every new public version renders the educative article I did obsolete because each article was done based on the version of PIB at the time)
A young follower just copped a job with McKinsey. With only Bsc from a Nigerian public school (1st class) + small experience from one of the Big 4 (the experience there must have helped him).
Went thru the famed McKinsey PST test and
5 levels of interview, including with their foreign partners.
McK has one of the toughest recruitment processes in the world and this experience of another friend (who unfortunately didn't get the job) should give a clue into how tough getting into McK is
The experience shared in this 2013 article. Hopefully, will get the young friend that just got in to share his own recruitment experience too for publication on JarusHub
1/ A company can be cash generating and making losses.
Another company can be profit making and having dire cash situation.
Here is why:
Profit = Revenue - Expenses
Where Expense > Revenue, you have a loss.
Understanding what is revenue and expense is not as
2/ straightforward as people (especially non-accountants) think.
Revenue is not simply the cash you collected from your sales as people think. Let me spare you the accounting jargon called “principles of recognition of revenue”, but present only one interesting aspect of
3/ what is recorded as revenue: once that sale transaction is completed and both buyers and sellers fulfill some conditions (eg buyer accepts delivery of the goods), the seller can record revenue in his books, even if their contract says he will be paid cash next year.
You need to know what to prepare for. A good way to do this is to consult search engines like Google. If the company whose test you’re preparing for is XYZ Consulting, for instance, use search engine
term like “XYZ Consulting question format”, and you are most likely going to be directed to a career website or discussion forum (eg Nairaland) where such had been discussed. If it is a less-known company, and its test may not have been discussed on the internet before,
you may try speaking with someone that had done the test in the past. Try calling several friends and ask whether they have an idea on how the job test of the company looks like.
2. Practice test questions
After getting hints on the test type of the company, find practice test