News
ISPs Shun IXPN, Prefer Overseas Exchanges

Hopes of affordable internet services and chances of developing local content on the internet have been hobbled by the reluctance of Internet Service Providers (ISPs) and other telecommunications service providers to connect to Internet Exchange Point of Nigeria (IXPN), Nigeria CommunicationsWeek can now reveal.
Initial cost of connecting to the IXPN standing at about N500, 000 and huge cost of infrastructure required for the handshake are some of the reasons operators have shunned the exchange.
The operators prefer connecting directly to their hubs outside the country and this comes with a price.
For instance, an email originating from say Ikeja to somebody in Victoria Island would have to go to London or outside the country where the operator’s hub is located and back to Nigeria.
It also has national security implications because as the mail passes through different equipment it could be intercepted and read.
Nigeria CommunicationsWeek gathered that to stem the tide Nigeria Communications Commission (NCC) had in July 31, 2009 handed directive to all ISPs and other telecommunications services providers offering internet services to connect to the local exchange.
Regrettably, more than 10 months after the expiration of the directive, internet service providers are yet to route their traffic through the IXPN.
Internet Exchange Point is a physical network infrastructure operated by a single entity whose purpose is to facilitate the exchange of Internet traffic between ISPs and it entails a minimum of three ISPs connected to each other.
IXPN provides a centralized location for the exchange of traffic, close to both the originators and recipients of traffic and content.
It would be recalled that the Federal Government had in 2007 established the IXPN with a view to ensuring that all local internet traffic will not have to leave the country to be re-routed via hubs belonging to overseas carriers.
It was the single most economically-empowering decision by the government to secure Nigeria’s future as an independent and viable centre of local content and online community.
Nigeria CommunicationsWeek gathered that IXPN has many benefits including reduced costs for ISP while enabling them manage traffic more efficiently.
It also improves quality of service by reducing the transmission time, number of routers, and distance traffic must travel.
IXPN reduces transport costs and network latency and ensures faster access to local content because local traffic is exchanged locally, rather than through one or more third party networks including international links.
This exchange of traffic between networks at an IXP is known as ‘peering’.
As at today only about 30 percent of the over 70 functional internet service providers in Nigeria are connected to the exchange.
There are over 300 licensed ISPs and 12 voice telecom operators in the country.
Some operators that are willing to connect to the IXPN are urging the NCC to provide some palliatives to cushion enormous cost.
Others that have completed arrangement for interconnection with the exchange are being delayed due to the planned relocation of the IXPN to a more spacious location.
Nigeria CommunicationsWeek recalled that Olusegun Obasanjo, former president played a crucial role to the actualization of IXPN in the hope that it will help “foster local markets and enable digital inclusion” in Nigeria and the region.
Though efforts to have an Internet exchange point began many years ago, it took the presidential strong will of Obasanjo’s government in November 2005 to ensure that Nigeria got its own IXP.
Immediately, following Obasanjo’s directive, an IXP setup committee was constituted to work with the various structures that was in place, as well as adding as appropriate.
The committee members included the late Ndukwe Kalu (then Internet Service Providers of Nigeria), Ike Nnamani (Medallion Communications), Tosin Oni (InterConnect Nigeria), Femi Adelamo (Emperion W.A), O.T Abiodun (NITEL), Abubakar Yakubu (NCC) and Chris Agha (NCC), including Sam Adeleke of Digitek Teevee Ltd. as the consultant to NCC on the IXPN setup.
In 2006, the board of the NCC approved a proposal to partly fund the setting-up of IXPs, with collaboration between NCC and ISPAN.
The IXPN is now operating from NECOM house, Lagos as its main location; with sub-locations at Victoria Island, Ikeja, Ibadan, Port Harcourt, Abuja, Enugu, Kano & Maiduguri.
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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