News
Anambra Backs Digipreneur Week 2018

Launched in Awka, Anambra State in 2016, Digipreneur Week, formerly known as Social Media Hangout, from being a one-day gathering of social media influencers has grown to become a point of convergence for the best brains in digital entrepreneurship covering Exhibition, Networking, Training, Summit and Hangout.
Digipreneur Week 2018 is a three-day event scheduled to hold from July 9 to 11, 2018 at Stanel World, Awka, Anambra State.
Announcing the plans for this year’s edition, with the theme “The Next Level”, the State Government also disclosed DigitalPRwire will be the official media partners and supported by TechEconomy.ng.
Speaking on the event, Hon. Bonaventure Enemali, Anambra State Commissioner for Youth Empowerment and Creative Economy, said the three-day event will, among efforts, complement what Governor Willie Obiano is doing on security as economic independence will curb youth restiveness, lessen corruption and reduce criminality.
Enemali said: “This is part of what we do here because it is creativity.
“We are going to develop the youth in line with their skills and talents.”
According to the event host, Hon. Engr Ifeanyi Aniagoh, who doubles as the Senior Special Assistant on Youth Development and Digital Entrepreneurship to Governor Obiano: “The event will bring together different stakeholders to brainstorm on new innovations and way forward while exposing the participants to unlimited opportunities in the cyberspace, improve their capacity in digital skills, encourage effective use of the internet and show the world the strength of Digipreneurs within and around Anambra State.
“Renowned experts in Wikipedia, Google, Facebook, Twitter and Instagram as well as trainers from DigitalPRWire, DigitalAfrica, Digipreneur.xyz and Faith Foundation have all indicated interest to be part of DPWeek2018.
“YouthTV, an initiative of the Anambra State Ministry of Youth Empowerment and Creative Economy, headed by Hon. Bonaventure Enemali, will be launched at DPWeek2018. YouthTV is aimed at showcasing the capacity and creativity of the young African with Anambra as the focus State.”
Commenting on the event, Celestine Achi, founder of DigitalPRWire and KairoswebTV, said: “It is heartwarming that Anambra State Government is taking the lead in this region in several areas including ICT. The Government recognises the contribution of the ICT sector to the growth of the economy. Currently ICT is contributing close to 10 per cent to the national GDP which is quite substantial and the State stand in a vintage to gain from its investment on the youths.
“DigitalPRWire is happy to associate with the State on Digipreneurs Week 2018 which we believe will afford the State opportunity to understand the areas the digital entrepreneurs need assistance and how to empower them. Through our digital platforms we intend to help deliver visibility and awareness through our extensive network of publishing sites and also empower the youths with digital platforms.”
Peter Oluka, editor of TechEconomy.ng, applauded Digipreneurs initiative as credible platform to even expose startups in the State to media presence.
According to Oluka, as a media platform that tilts the lenses on innovations, techpreneurship and successes stories in this emerging market, TechEconomy.ng believes that Digipreneurs Week will encourage more young people’s participation in digital innovation.
“We encourage young people in the State to embrace this opportunity and align their programmes towards leveraging digital space to better their worth,” he said.
Digipreneur Week 2018 will be a unique event to connect, network and learn how to become a successful Digital Entrepreneur with special appearance by one of the Nigeria’s greatest bloggers.
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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