News
Ekeh, Zinox Boosts Terror Fund with N100m

Leo Stan Ekeh, Nigeria’s icon of Hope and chairman, Zinox Group has donated some N100 million to the fund to support victims of terror in the country.
The donation is a stand out support by an information and communications technology (ICT) company to the fund designed to provide more relief and succour for all those who have been adversely affected by terrorism and insurgency in the country.
Ekeh and his Zinox group are used to doing extraordinary things without expectation of recognition.
According to Ekeh, “what we have done even in this hard time is to push the society a little further on towards the heights of safety because we believe in Nigeria”. Not too long ago we funded substantially medical treatment for some of these kids displaced and are working on how to digitally educate some of them who are forced to stay out of school due to this crisis. That product shall go live in 14days.
The donation pushed the relief fund to over N50 billion.
.President Goodluck Jonathan, who personally served as the Master of Ceremony at the fundraising ceremony for the Terror Victims Support Fund, led the donors by donating N10billion on behalf of the Federal Government.
For Zinox, it is the story of placing the country first; of sticking with the society through thick and thin; and of giving back to men and women that have helped the company grow.
For instance, the Group donated items worth over N50 million to the Lagos State Government.
These items include ; four units of fully equipped Security Vans, 150 units of Digital Radio, 150 units of Digital Solar lamp and 150 units of solar torch meant to enhance the efficiency and digital comfort of the Police and other security organizations in Lagos State while on duty.
Zinox Group also made the same intervention in Imo State that cuts across security, digital equipment, Information and Communication Technology development for school pupils and training for teachers. It is also spending N50 million in the state.
The company’s CSR which is championed by Leo-Stan Ekeh, the chairman of the group and enthusiastically embraced by the board of directors and staff also targets the younger generation.
The company is to use four schools in Lagos state as Digital Content Centres for its new digital Product – the Zinox Whizkid Ver. 11, which has helped many students to achieve excellent result in GCE, WASCE, JAMB and Post UME nationwide.
Ekeh said Zinox will deploy the equipment and content, train the teachers in its digital laboratory in Gbagada, Lagos and certify them ready to challenge the best teachers in the world.
Zinox has a history of a responsible corporate citizenship in Lagos beginning with the equipping of a digital laboratory at the Lagos State Polytechnic, Ikorodu.
It has upgraded and tarred of the Redemption Crescent, Gbagada; aroused competition in mathematics for pupils in Primary 4; donated computers to many schools in Lagos State including Queens College, Yaba, and Archbishop Aggey Memorial Secondary School, Mushin; trained four budding entrepreneurs in the Spirit of the True Nigerian Entrepreneur, SoTNE and settled medical bills of many patients.
In Imo State, the group is a household name where it has touched many lives.
It recently topped it up with an intervention that cuts across security, digital equipment, Information and Communication Technology development for school pupils and training for teachers and worth N50 million.
The donation include four security vans, 150 Jonta flash lights, 150 self-charging digital lanterns, and 150 I-Max radio sets that would help support the security monitoring responsibility of the state.
Ekeh said his group of companies primarily concerned with knowledge development and building a new generation of Nigerians would also donate digital knowledge content encapsulated in the Zinox Whizkid Version 2 to four schools in the state.
This content would make kids from public schools better, while enhancing the overall academic performance of the underserved.
Elsewhere, in support of structured overall social development of Imo state, Zinox released some N10milion a few months ago to the Imo Foundation set up by Governor Rochas Okorocha. And another N10m donation to the Governor’s wife NGO to build homes for widows.
The Group has a tradition of executing major CSR every five years outside its annual commitments in the spirit of Zinox.
The company had built and equipped digital laboratories at the Federal Polytechnic, Nekede; Imo State University; Federal University of Technology, Owerri; and some secondary schools in the state.
There is no geo-political zone in the country that has not been touched by Zinox interventions in tertiary, secondary and primary education since the company’s interest is in capacity building has benefitted scores of Imo indigenes in the form of scholarships at all levels of education, including post graduate education in world class European and American universities.
Zinox CSR is intensely focused on the building of capacities for the growth of a knowledge society and equipping Nigeria to host complex events.
From Katsina to Awka and from Markudi to Ikorodu, Zinox is strategic interventions aimed at building capacities.
News
New Horizons Invests N50m to Empower Almajiris with Skills

New Horizons Nigeria has launched a N50 million initiative aimed at transforming 21 Almajiri children into skilled computer technicians within 90 days, to tackle youth unemployment and harness human potential.

The Almajiri-to-Tech programme, officially launched in Abuja on Monday, provides participants with full training, meals, clothing, tools, and logistics support, all fully funded.
Speaking at the launch, the Chief Executive Officer of New Horizons, Tim Akano, said the programme represents a new journey in the history of Nigeria by restoring the original purpose of the Almajiri system, which he described as “children sent out to seek knowledge.”
“The word Almajiri comes from an Arabic term meaning emigrant and seeker of knowledge. Historically, children were sent to learn morals, responsibility, and skills to add value to society,” Akano said.
He added that the disruption of this system during colonial times forced many children onto the streets, a challenge that persists today.
Akano highlighted the urgency of addressing the Almajiri issue, noting that there are an estimated 15 million Almajiris in the country, with a population growth rate of around three per cent annually.
“If we do not solve this problem as a country, we are sitting on a time bomb,” he warned.
According to him, the programme focuses on hands-on technical skills rather than theory. Trainees will learn to repair mobile phones, laptops, televisions, radios, standing fans, and other electronic devices, as well as build inverter batteries using recycled electronic waste.
“We are not teaching theory. We are teaching practical skills you can use to earn a living,” Akano said, stressing that the programme will not interfere with the participants’ Quranic education.
“We are still going to allow you, within the period of learning. Your learning computer here is not stopping your Quranic education.
“You still have time within our space here. Whenever you want to go and pray, you can pray, then come back to class,” the CEO stressed.
He added that participants will also receive daily meals, water, T-shirts identifying them as technicians-in-training, and access to all necessary tools and equipment throughout the 90-day programme.
Akano said the initiative is part of a larger mission by New Horizons Nigeria, which has spent the past 21 years training about 100,000 Nigerians annually in IT and related skills.
He said the new programme aims to “take human genius off the streets and convert it into human capital, enabling these youths to contribute meaningfully to the economy.”
He added that equipping Almajiris with skills could add 15 million people to Nigeria’s workforce and potentially increase the country’s GDP by as much as $20 billion, stressing that productivity depends on practical skills and opportunity.
“Everything that can be taught can be learned. If someone can memorize the Quran cover to cover, there is nothing that cannot be done. What they lack is information, opportunity, and infrastructure, and we are providing all of that,” Akano said.
Akano also stressed that the initiative is designed to inspire other organizations and government agencies to replicate similar programmes across the country.
“This is not just about 21 children; it is about showing Nigeria what is possible when resources meet intention and planning.
“If we succeed in empowering these Almajiris, we demonstrate that the country can turn social challenges into economic opportunities. It’s a blueprint for Nigeria’s future,” he said, noting that the initiative combines social reform, technical education, and economic empowerment.
Also speaking, one of the trainees, Fatima Umar, appreciated the organisers and promised to maximise the opportunity.
“We’ll make you proud of us. We have nothing to say here but to thank and appreciate you. May Almighty Allah continue to guide and protect you,” Umar said.
News
IMF Upgrades Nigeria’s 2026 Growth Projection to 4.4%

International Monetary Fund has upgraded Nigeria’s 2026 economic growth projection to 4.4 per cent, reflecting improved macroeconomic stability and sustained reforms.

IMF
The January 2026 World Economic Outlook Update forecasts Nigeria’s growth trajectory at 4.1 per cent in 2024, 4.2 per cent in 2025, and 4.4 per cent in 2026—a 0.2 percentage point increase from the October 2025 estimate.
This aligns with sub-Saharan Africa’s projected 4.6 per cent expansion in 2026 and 2027, driven by regional stabilisation efforts.
Globally, the IMF anticipates 3.3 per cent growth amid resilient conditions tempered by trade policy shifts and technology investments. For Nigeria, declining energy prices—expected to fall seven per cent due to weak demand—pose risks, though OPEC+ coordination and China’s stockpiling provide support.
Despite the optimism, downside risks persist from Middle East and Ukraine tensions, protectionism, high debt, and fiscal deficits. The Fund recommends rebuilding fiscal buffers, ensuring central bank independence, and limiting temporary fiscal measures to maintain stability.
Nigeria’s success hinges on consistent reforms and resilience against domestic and global shocks, the IMF concluded.
News
Nigeria’s Crude Output Falls to 1.486mbpd in November – OPEC

Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s crude oil production, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per day (mbpd) in November 2025 from 1.496 mbpd in October.

OPEC
The figure, drawn from secondary sources in OPEC’s December 2025 Monthly Oil Market Report, fell short of Nigeria’s 1.5 mbpd quota. Direct communication data showed output at 1.436 mbpd, up from October’s 1.401 mbpd, but still below target.
Nigeria produces around 196,028 bpd of condensate, excluded from quota calculations per Nigerian Upstream Petroleum Regulatory Commission figures. Year-on-year, November’s output marked a slight gain over 1.417 mbpd in November 2024.
Expert Cites Insecurity, Governance Gaps
Petroleum economics expert Wumi Iledare described the quota miss as unsurprising, blaming persistent insecurity, an ageing oil basin lacking new finds, and unoffered hydrocarbon blocks. Governance shortcomings and policy uncertainty further erode investor confidence, he noted.
Selective implementation of the Petroleum Industry Act worsens the situation, with Nigeria needing a single authoritative leader for the sector rather than multiple proxies, Mr Iledare stressed. The country has struggled to consistently hit OPEC targets for years.
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