News
New Horizons Transforms Lives through IT Training
The greatest challenge facing the Nigerian youth today is lack of skills required by the industries. Such a syndrome is often termed as unemployability. Year after year, thousands of youths graduate out of higher institutions into the labour market, majority of who go without jobs for months and even for years. When some of them are lucky to secure one, it is for menial jobs, hence leading to under-employment. Dr.(Mrs.) Oby Ezekwelisi, one of the nation’s former ministers for education said on October 28, 2006 during the session on education reform that 70 percent of the Nigerian youths are either unemployed, underemployed or unemployable and between 2000-2009 the country would have succeeded in training 10 million highly skilled criminals if nothing is done. We can surmise that the "Holy Grail called Employment" is elusive to the Nigerian youth and clearly spells doom for the country. It is this anomaly that New Horizons, the foremost IT Training institution in the world set as a challenge for itself to reduce and even remove. To achieve this, New Horizons organized a job fair at the National Stadium which was attended by well over 10,000 people from all parts of the country. The purpose of the fair was to provide individuals with critical information from renowned industry experts on how to become employable thereby living a successful and productive professional life. Participants were surprised at the simple tasks they required to transform their lives. Presentations at the event were given by resource persons from reputable IT companies such as Microsoft, Cisco, Oracle, EC-Council unveiling to listeners the limitless opportunities abound in the IT industry and the right steps to take in acquiring the required skills to claim these opportunities. Participants also were availed the opportunity of meeting with representatives of renowned consulting firms from Michael Stevens and IRIS Consulting, as they were taught the necessary techniques involved in the writing of resumes, and the art of scaling through employment tests and interviews organized by organizations or their agencies. At the end of the event, over 6,000 people had registered to upgrade their skills in fields such as e-business-Project Management, Customer Relationship Management, Supply Chain Management; IT Security; Cisco-CCNA, CCNP, CCSP, CCVP; Oracle-OCA, OCP; Microsoft-MCSA, MCSD, MCSE. Although the event was concluded some weeks back, the effects have continued to linger as individuals that benefited from the event have been coming forward with testimonies of how the event has impacted on their lives. Due to the opportunity offered participants by the platform, some of them had interactions with the consulting firms and as a result many were called for tests and interviews as they had learnt how to better package themselves. The good news is that some of them got jobs. An example is Ms. Lovely Ellufere, who said the job fair changed her life for the better. A great majority also have since focused their energies on acquiring industry relevant skills to enhance their opportunities in the labour market.
News
Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.
According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.
Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.
He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.
“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.
He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.
The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.
In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.
He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.
News
NAICOM Issues New Licences to 43 Recapitalized Insurers

The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.
According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.
Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.
He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.
The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.
He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.
According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.
Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.
The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.
News
Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.
Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.
Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.
The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.
Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.
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