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Starcomms to Ring in Calabar, Warri

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Starcomms leading "triple-play" (mobile, fixed wireless voice, wireless broadband) provider is getting ready to connect Calabar and the oil rich State of Warri, Delta State to its network.

This in furtherance of the promise it made last year to connect more towns and cities to its ever expanding network.

The roll out is coming on the heels of the network’s earlier promise of ensuring that subscribers on its ever expanding network get the very best and latest in seamless communication.

The company recently added Abeokuta, Shagamu, and Ijebu-ode, onto its network coverage, and the addition of these two towns indicate the fastest growing network’s expansion project designed to cover the entire length of Africa’s most populous country.

Starcomms, which has already stamped its feet in Nigeria’s telecommunications industry, is currently operating in key cities- as Lagos, Ibadan, Abeokuta, Shagamu, Ijebu Ode, Port Harcourt, Aba, Onitsha, Asaba, Benin, Abuja, Kano, Rano, Maiduguri , Kaduna, Zaria. With these two soon to be rolled out cities, Starcomms would be covering the 18 key cities of Nigeria. Plans are at an advanced stage to link other cities and towns this year, taking its footprint into 31 cities.

Outlining the company’s plans, Mr. Maher Qubain, chief executive officer, Starcomms, said the network launch in Calabar and Warri is part of an aggressive marketing drive aimed at making world class products and services available to all parts of the country, adding that the range of the company’s voice & CDMA 1x data products and services would be available.

He further stated that Starcomms presence in Calabar and Warri is part of the plan to cover the key cities of the country within the FY2008. We are driven by the feedback, which indicate a high demand for our services in the areas. Now is the time for subscribers to realize their yearnings. According to Mr. Qubain, the company’s roll out in Calabar and Warri is based on the fact that the art of communication should not be the preserve of a few, but the preserve of all. We promised our subscribers when we launched our 0702-8 range of mobile numbers that we will soon cover the length and breadth of Nigeria, Calabar and Warri roll out is another step in that direction.

The CEO said the company had long realized that to remain a leading player in the telecommunications industry, it must spread out to as many people and locations as possible, and this informed recent efforts to shore up the capital base through private placement and listing on the Nigerian Stock Exchange.

"Starcomms would be showcasing and launching its entire product category ‘Mobile, Talkie’ desktop phone service, Data, Smart Center, Value Added Services, for customers to experience and enjoy our unique services and value propositions. The customers can approach the various authorized dealer outlets and Showroom to purchase the product of their need. The Mobile service would enable customers stay connected within and outside the two cities, thus, creating a high mobility on the 0702-8, and the recently launched 0702-9 number range," he said.

The company’s rapid surge is evident in the release of new number series in the 0702-9 block in less than a year and half, again becoming the first CDMA service provider to be doing so.

In 2002, the company re-tooled its systems and procedures to improve the capacity, quality and performance of its network to the CDMA 2000 1X RTT technology. On December 1, 2003, the company commenced operation in Kano followed by Maiduguri on the 15th of the same month, while the Port Harcourt office was commissioned in 2005. On August 1 2006, Starcomms became one of the first batches of operators to be licensed as a unified operator by the Nigerian Communications Commission (NCC).

On Monday July 14, 2008 Starcomms made history by becoming the first telecommunications operator in Nigeria to be quoted on The Nigerian Stock Exchange, a move that presented an excellent opportunity for every Nigerian to participate in one of the fastest growing and profitable sectors of the Nigerian economy. The N64.35 billion Private Placement was handled by Chapel Hill Advisory Partners Limited and Stanbic IBTC Bank Plc, together with Morgan Stanley acting as international financial adviser and coordinator.


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New Horizons Invests N50m to Empower Almajiris with Skills

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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.


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IMF Upgrades Nigeria’s 2026 Growth Projection to 4.4%

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International Monetary Fund has upgraded Nigeria’s 2026 economic growth projection to 4.4 per cent, reflecting improved macroeconomic stability and sustained reforms.

IMF Upgrades Nigeria’s 2026 Growth Projection to 4.4%

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.


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Nigeria’s Crude Output Falls to 1.486mbpd in November – OPEC

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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.

Nigeria’s Crude Output Falls to 1.486mbpd in November – OPEC

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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