News
Nigeria, Others Prepare for Broadband Banquet

By the end of 2011, the entire continent of Africa will be connected to no fewer than nine undersea broadband cable initiatives that would serve as Africa’s innovation catalysts, Nigeria CommunicationsWeek can now reveal.
And just as punch-cards served as the innovation catapult for Silicon Valley’s generation, the over 17 terabytes of designed broadband capacity from the projects are expected to “cheetah pole-vault” the continent’s technological revolution.
Experts said that harnessing broadband potential is pivotal to the continent’s development and that submarine fibre optic cables have become the modern vessels for trade and communications between international markets and the African continent.
Presently, on average, accessing the Internet cost Africans 50-100 times more than what it cost consumers in Europe, Asia and North America due partly to a number of factors including the infamous SAT-3 undersea cable which operates in fits and starts.
Nigeria CommunicationsWeek gathered that the situation is not helped because most of the African Internet traffic has to transit through Internet Exchange Points (IXPs) in the U.S. or Europe, requiring African Internet Service Providers (ISPs) to pay long distance charges.
But all that are set to change as several undersea cables with over $3.15 billion investment are set to complement SAT-3 and bring the people of the continent fast, efficient and affordable communications they need for sustained development and progress.
The undersea cable initiatives include: the East Africa Submarine Cable System (EASSy) which is owned and operated by a group of African (92%) and International (8%) telecom operators. It is 1.4 Tbps cable that provide connectivity throughout South and East Africa, as well as interconnection to multiple international submarine cable networks for seamless onward connectivity to Europe, USA, Middle East and Asia.
There is also the East African Marine System (Teams), an initiative spearheaded by the government of Kenya to link the country to the rest of the world through a submarine fibre optic cable. It was first proposed as an alternative to EASSy.
Nigeria CommunicationsWeek gathered that the West Africa Cable System (WACS) is another system to link South Africa with the United Kingdom along the West coast of Africa.
The cable has landing points in South Africa, Namibia, Angola, the Democratic Republic of Congo, the Republic of Congo, Cameroon, Nigeria, Togo, Ghana, Côte d’Ivoire, Cape Verde as well as the Canary Islands, Portugal and the United Kingdom. The design capacity of WACS is at least 3.84 Tbps.
Elsewhere, Seacom is privately funded and provides South and East Africa with wholesale international capacity to global networks via India and Europe.
Africa Coast to Europe (ACE), a newly formed consortium of 20 telecom operators is building another fiber-optic underwater cable network that will stretch 17,000 kilometers (10,500 miles) from Penmarch, France, to Cape Town, South Africa, connecting 23 countries.
The network will have built-in 40 gigabit per second (Gbit/s) capability which will cater blazing-fast broadband Internet speeds.
Also, Atlantis-2 is a fiber optic transatlantic cable connecting Argentina, Brazil, Senegal, Cape Verde, Canary Islands and Portugal. The cable is 13,100 kilometres in length.
Nigeria CommunicationsWeek gathered that closer home; there is the $800 million Glo 1 system by Globacom Limited along the West Coast of Africa between Nigeria and the UK. When completed, the cable will be 9,500 km long, and with a minimum capacity of 640 Gbit/s.
The Main One Cable is also a Nigerian grown undersea cable system expected to stretch from Portugal to South Africa with landings along the route in various West African countries. Promoted by Main Street Technologies the cable system is expected to span 14,000 km and provide additional capacity for international and Internet connectivity to countries between Portugal and South Africa on the west coast of Africa.
All the cable systems are expected to provide access to regional telecom operators and Internet service providers at more affordable rate.
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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