News
New Horizons Rewards Clients, Organizes Seminar
New Horizons the world’s No.1 ICT Training Institution has organized an award ceremony/seminar for top organizations in Nigeria. Mr. Tim Akano, managing director, New Horizons, said the award ceremony was organized to reward organizations that have paid focused attention towards the growth and empowerment of their staff. He explained that successful organizations around the world are those that provide their staff with the necessary skills and knowledge to come up with winning solutions that give such companies the competitive edge. He said that New Horizons was glad to be partners to these forward thinking organizations in Nigeria and that was why they are been rewarded for their efforts. He further said that the seminar on technology strategy for business growth was conducted because of the phenomenal impact technology was having on global business, he also said that New Horizons considers it as a key imperative to continually educate and bring to the knowledge of C-level executives the critical issues that will be affecting Nigerian businesses and industries so that executives are better informed of how to resolve uncertainties, minimize threats and create new opportunities to grow their businesses. At the award ceremony First City Monument Bank came tops as the best company for IT staff development, while Nigerian Bottling Company (NBC) won the award for best company in the usage of e-business initiatives in staff training and development, other winners for IT staff development included UBA, Fidelity Bank, UAC, Toyota, Oando, First Bank, First Inland Bank, Mantrac, STI, Access Bank, Guinness, Celtel, Chevron. Gifts were presented by Mr. Adedotun Sulaiman, chairman of Accenture Africa and vice chairman New Horizons Nigeria who encouraged the victorious organizations to continue to develop their staff for triumphant growth of their institutions At the seminar, the lead facilitator Mr. Niyi Yusuf- a partner with the systems integration and technology unit of Accenture, presented to participants the state of the Nigerian/world economy and the role technology is currently playing in assisting organizations in creating new opportunities for themselves. He enumerated the strategic imperatives and the key trends being witnessed the world over as a result of technological innovation and encouraged participants to be at the vanguard of using technology in creating competitive advantage for their organizations. Mr. Sulaiman commented that Nigeria was at the verge of an explosive growth, he said that Nigeria could easily replicate the success being witnessed by India and the other Asian countries if Nigerian companies are focused, think big and are willing to invest in Nigeria and sacrifice for the good of the society. Participants who witnessed the two events commended New Horizons for their foresight in organizing the award ceremony and the seminar, they said the events showed the commitment of New Horizons towards assisting organizations in growing their businesses, they enjoined the leadership of the company not to relent in their efforts or services but to continually look for ways to provide value added services.
News
Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte Ayodeji
Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.
Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.
His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.
Sunday Dare, special adviser on Media and Public Communication to President Tinubu, celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.
“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”
Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”
News
FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

Mr. Joseph Tegbe, minister of Power
The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.
He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.
According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.
News
AfCFTA Urges Africa to Stop Exporting Raw Materials

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.
According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.
“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.
Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.
“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.
She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.
Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.
“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.
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