News
HP Steps up Fight against Fake Products
Technology firm Hewlett Packard (HP) plans to step up the battle against grey and fake HP products in the English West African region.
While grey and fake computers is a global issue, Africa is an area where organized fake and grey markets are rampant, prompting Hewlett Packard and Microsoft to develop a comprehensive defense strategy to alert consumers about the dangers of partaking in the purchase of grey and fake products.
“Grey Market is the illegal selling of HP products where the company did not intend to sell them. Due to the extremely high level of consumers that buy from the grey & fake market, this costs Nigeria the loss of job opportunities, foreign direct investment in businesses as well as a loss of research and development funding,” says Chioma Iwuchukwu – Nweke, Personal Systems Group (PSG) General Manager of the English West African region.
According to Akunna Abadom, Marketing Manager Personal Systems Group (PSG), “HP is launching an all out campaign against the grey & fake market. The campaign will include a consistent rotation of advertorials, press briefings /releases and radio advertisement on educating consumers in the English West African region. The objective of this campaign is to enhance awareness on the acceptable means of purchasing HP computers. A successful execution of this much needed initiative will result in a direct reduction in consumers patronizing unauthorized sellers of unauthentic HP products in the region. HP also is in the process of training their preferred distributors, retailers and partners on the importance of selling authentic HP products. This awareness is meant to further enhance HP’s message to the HP preferred partners (resellers) & consumers that HP cares about the consumer and the way HP products are being represented and sold in the English West African region.”
In addition to the grey and fake advertisements, HP has taken a further step to protect and insure the authenticity of their computers by developing an ultra sensitive certified security tag. HP computers and accessories purchased from the authorised channels will be clearly marked with this certified security tag in order to alert consumers that they are purchasing an authentic HP product. Purchasing from the HP authorized channel will insure consumers that the product being purchased is authentic and the product will receive all of the after sales services and support that it is entitled to.
In conjunction with HP’s campaign, Microsoft Nigeria is also joining in the fight against unauthentic products. Microsoft is currently driving several initiatives to curb software piracy in the Nigerian market. These initiatives are hinged on educating both end users and Microsoft partners on the value of using “Genuine Products”.
Early this year, Microsoft launched the Clean Dealer programme where partners went into an agreement to promote the sale of Genuine Software and committed to staying away from selling counterfeits.
“Microsoft is supporting such resellers by promoting them as primary sources for our software especially in the very popular Computer Village in Lagos” said Uzo Okpaka, Channel Compliance Manager, Microsoft Nigeria.
Microsoft is focusing on educating the end users by initiating a Certificate of Authenticity campaign which is currently running. The Certificate of Authenticity is a physical way of identifying if genuine software has been installed in a PC. It is a sticker that is visible underneath or on the PC as the case may be.
This year, Microsoft has trained over 800 partners on the value of genuine software and how to become trusted advisors to their customers.
The company is actively working to protect customers who have fallen victim of software pirates and who have reported such cases to Microsoft. By working closely with the local enforcement agency Nigeria Copyright Commission it enables Microsoft to carry out legal actions against the perpetrators.
“In March we have gone a step further by opening an Information Centre in the Computer Village at Ikeja that will give customers and partners, access to information on where to buy “Genuine Products” from, also serve as a training centre for our partners who are located in the village” said Uzo Okpaka’s
HP Nigeria is also working hand and hand with law enforcement authorities to identify and seize counterfeit products, cut off distribution routes and prosecute fraudsters. Globally from 2005-2008 HP conducted 4620 investigations in 55 countries resulting in 3,528 enforcement actions (raids and seizures by authorities) seizing a total value of more than $795 million USD worth of counterfeit HP supplies products.
With the complete cooperation and support of laws enforcement authorities, both HP and Microsoft are confident that these campaigns will be extremely successful, and will result in a significant reduction in grey/fake/piracy activities in the region.
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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