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Microsoft Showcases 25 #Insiders4Good Entrepreneurs at Graduation Ceremony

Microsoft honored the achievements of 25 Nigerian entrepreneurs who graduated from the #Insiders4Good Fellowship, a program launched by Microsoft in partnership with Co-Creation Hub.
The entrepreneurs were recognized at a ceremony held at the InterContinental Hotel in Lagos, where they also pitched their business ideas to Microsoft executives and potential local partners and investors.
In his welcome address at the graduation ceremony, Shina Oyetoso, developer experience director, Microsoft Nigeria, reiterated Microsoft’s commitment to supporting enterpreneursin the Country leveraging technology.
He said, “At Microsoft, our mission is to empower every person and every organization on the planet to achieve More. Delivering on this mission starts with great technology, but great technology alone is not enough.
Despite global expansion, increased access, and democratisation of technology, too many of technology’s benefits have yet to reach the people who need them due to poverty, lack of education and accessibility. Microsoft has challenged itself to address the question of how we can truly bring to life the promise of technology for everyone and part of the answer requires a recognition that empowerment begins with inclusion”.
In his keynote speech, Bambo Sofola, Microsoft director of Software Engineering, said, “Last year, we were excited to launch the first #Insiders4Good Fellowship in Nigeria, where so many exceptional entrepreneurs are using technology to create positive change in their communities. By supporting the growth of the Nigerian #Insiders4Good Fellows, we’ve learned valuable insights about the challenges they face in their unique contexts and how Microsoft products can grow and evolve to support them best. Today, we are thrilled to showcase their extraordinary ideas and celebrate their achievements.”
Selected last September from a pool of 5,000 applicants, the 25 Nigerian #Insiders4Good Fellows are advancing extraordinary ideas to create positive change in Nigeria, Africa, and the world. With creativity and hard work, their products and services are tackling entrenched problems like illiteracy, kidnapping, agricultural waste, healthcare access, and much more.
As part of the Fellowship, the entrepreneurs attended an intensive “bootcamp”—a series of group workshops led by Microsoft staff during which they identified needs, set goals, and created road maps for taking their businesses to the next level. Each Fellow received a suite of Microsoft hardware and software and six months of tailored technical and strategic mentorship from local and international leaders.
“The #Insiders4Good Fellowship has been incredibly helpful,” Kido Chukwunweike and Kelechi Odoemena said prior to the event.
Their startup, Dillish Instant Foods, was one of seven businesses invited by the Microsoft team to present at a private pitch session before the ceremony. “The Fellowship motivated us to prove that there is real demand for our product and pushed us to launch our ‘MVP’ product. We’ve started to see the challenges we face as individual hurdles to overcome, rather than a single huge obstacle. We learned to set smart interim goals. We feel very positive and proud of our progress.”
The program culminated with today’s graduation event, during which Bambo Sofola recognized each Fellow onstage with a plaque of distinction.
Paula Aliu, who has launched an online platform for mental health services called Cogno-Aid, looked back on her journey as a Fellow. “My experience with the fellowship program has being greatly rewarding whilst challenging in a positive way,” Aliu said. “Over the course of the past six months plus, I have had the honor of meeting and interacting with a solid group of individuals comprising both Fellows and mentors from Microsoft and Co-Creation Hub. These wonderful people aided in fleshing out and building Cogno-Aid from an idea to what it is today. For this, I am forever grateful for the guidance given to me courtesy of the #Insiders4Good Fellowship.”
The Microsoft team and Co-Creation Hub will continue to foster connections between the Nigerian Fellows and Windows Insiders, a global community of over10 million Windows users.
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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