News
Okere Identifies Roadblocks to Broadband Penetration

Austin Okere, group managing director, Computer Warehouse Group has identified obstacles to availability of broadband internet and poor quality of service in the country’s telecommunications space.
According to him, the major roadblock to broadband penetration in the country includes ‘Right of way’ and other barriers to deployment of infrastructure, and service providers becoming moribund. “These challenges alone could frustrate the country’s’ efforts towards the journey of broadband Internet availability”.
Okere stated this as a guest speaker at the just concluded Africa Digital Forum/Awards held in Lagos recently.
Some of the solutions he proffered include solving right of way and taxation issues, closer regulations of anti-competitive practices, fiscal Incentive (Long term loan, USPF) and dealing with transmission market incongruence in prices and access amongst others.
“If these solutions are put in place it would encourage several providers into broadband delivery service which will result in the creation of more infrastructure and increase access and reduce access cost.”
He also noted that many States in the country have not embraced the power of ICT, hence the call for people to be liberated through the use of ICT, the sooner, the better for the country.
During the award session CWG emerged winners in the category of ‘ICT Conglomerate of the Year, 2012’ while, Okere, received the award for the ‘ICT Man of the Decade, 2012’ in Nigeria.
The organizers of the event said CWG was worth the conferment based on her immense contributions towards the growth and development of Information and Communications Technology, youth empowerment through ICT education and the nation building. It also rewarded and recognized innovations and excellence in ICT activities in Africa and globally.
The feat bestowed on Okere, ‘ICT Man of the Decade, 2012’ honours him as an individual that has distinguished himself in the advancement of Information and Communications Technology.
Panellists at the event included the Chairman of the occasion, former EVC of NCC and Chairman Open Media Group, Engr.(Dr) Ernest Ndukwe , supported by former Minister Of Communications, Engr. Olawale Ige, the Guest Speaker, Austin Okere, CEO Computer Warehouse Group (CWG), James Agada, MD, ExpertEdge Software (a CWG Company), and Philip Obioha , Chief Operating Officer among others.
Okere while receiving the awards said: ‘These awards represent the hard work and unreserved commitment that CWG has displayed overtime in terms of ICT development in Africa and the world at large. It is going to inspire us to keep pushing the bar when it comes to ICT in Africa.’
The ICT giant understands that effective technology solutions are the engines that drive business growth. Whether it’s helping organizations improve customer service, securing assets and information or achieving global virtue presence.
The Pan African ICT conglomerate offers a depth of business perspective and a wealth of experience that ensures that businesses in diverse sectors and industries can achieve their business goals. CWG has made several strides in the area of ICT as she recently partnered with First Bank of Nigeria to launch its Mobile Money Service (Firstmonie) .
This was done in order to bring about cost effectiveness and excellent services to First Bank customers.
Also MTN Nigeria partnered with Computer Warehouse Group Limited to innovate micro-banking software as a service (MTN XaaS) platform. Computer Warehouse Group Limited is one of the fastest growing and leading Information and Communication Technology companies in Africa today with offices in Nigeria, Ghana, Uganda and Cameroon.
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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