business

500 roles vacant, Moniepoint CEO laments shortage of talents in Nigeria

The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has indicated the company is struggling to fill about 500 job openings, citing a shortage of qualified talent in this

By Oyebade Oluwatobiloba

2 min read 15 views Updated Oct 12, 2026
The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has indicated the company is struggling to fill about 500 job openings, citing a shortage of qualified talent in this while speaking at an event in Lagos on May 1, now circulating on the internet. despite a deliberate shift towards hiring locally, the firm has been unable to find candidates who meet its standards. “We made a decision that we will no longer hire from any other place than Nigeria. If you go to Moniepoint career website, we have maybe 500 vacancies and we are struggling to find people to fill those roles,” he indicated. beyond the number of applicants, the quality of available candidates has also been a challenge.

“Not only could we not find people at the quality and the quantity we needed, the few people that we found were not up to the global standards that we need,” he outlined. based on him, the company operates in a highly competitive global environment and requires top-tier talent to remain relevant. “We are not competing with just local players. I’m competing globally.

I need to make sure that I have world-class people working in the organisation,” he indicated. Eniolorunda attributed the talent gap to structural issues, including weaknesses in the education system and changing societal values among young Nigerians.

“I used to feel like Nigerians are really, really bright, but I’m beginning to feel like we need to do something,” he indicated, adding that environment and social influences are shaping attitudes and aspirations. He also expressed concern about the growing appeal of internet fraud and quick-money culture, which he showed is affecting long-term career focus among youths.

“The level that people are reasoning in this country is not as high as it used to be,”. The CEO further identified the continued migration of skilled professionals, commonly referred to as “japa,” as another major factor contributing to the shortage of talent.

He stressed the need for deliberate investment in human capital development, urging stakeholders to promote sustainable career paths and provide better role models for young people. “In a country of over 200 million people, there are many alternatives to becoming a ‘big boy’ or chasing quick money,” he indicated.

Samuel Omotere is an experienced journalist covering human interest stories, pop culture, and digital trends. He combines his background as a language graduate with a focus on sustainable digital storytelling.

Your reaction

Pass it on

Share this story

Social links open in a new tab

Story guide

Understand this story

Summary

The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has indicated the company is struggling to fill about 500 job openings, citing a shortage of qualified talent in this The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has indicated the company is struggling to fill about 500 job openings, citing a shortage of qualified talent in this while speaking...

Key takeaways
  • The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has indicated the company is struggling to fill about 500 job openings, citing a shortage of qualified talent in this The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has indicated the company is struggling to fill about 500 job openings, citing a shortage of qualified talent in this while speaking at an event in Lagos on May 1, now circulating on the internet.
  • despite a deliberate shift towards hiring locally, the firm has been unable to find candidates who meet its standards.
  • “We made a decision that we will no longer hire from any other place than Nigeria.
Article FAQ

What is this story about?

The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has indicated the company is struggling to fill about 500 job openings, citing a shortage of qualified talent in this The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has indicated the company is struggling to fill about 500 job openings, citing a shortage of qualified talent in this while speaking...

Who published this story?

Glow 99.1 FM published this story with Oyebade Oluwatobiloba listed as author.

When was it published?

May 5, 2026

Xenophobic attacks: Oshiomhole seeks withdrawal of MTN, DSTV licences

Continue reading

Xenophobic attacks: Oshiomhole seeks withdrawal of MTN, DSTV licences

Politics · 3 min readRead next

Join the conversation

Comments (0)

No comments yet. Start the conversation.

Keep reading

US Warns Business Executives of Detention Risks in Nigeria

business

US Warns Business Executives of Detention Risks in Nigeria

The US State Department has warned American business executives about potential detention and travel restrictions in Nigeria during regulatory investigations and commercial disputes, while acknowledging continued trade and investment ties between both countries.

2 min read · 3 views

Dangote stops petrol sales to fuel importers

business

Dangote stops petrol sales to fuel importers

Dangote Petroleum Refinery has stopped selling petrol to major marketers that import fuel, accusing them of blending its products with imported petrol and potentially compromising product-quality distinctions.

2 min read · 3 views

Reader favourites

  1. 01Portugal to Face Super Eagles ahead of 2026 FIFA World Cup214 views
  2. 02Grammy Awards 2026: Full Winners List, Historic Wins & Major Snubs183 views
  3. 03SUSPECTED JIHADISTS ATTACK NIAMEY AIRPORT162 views
  4. 04Iran Threatens US After Trump’s Warning156 views