News
New Horizons Set to Organise National Job Fair
New Horizons is set to orgnise the biggest job fair/IT seminar in Africa. This is the first time in Africa where all the global IT giants like Microsoft, Oracle, Cisco, Sun Microsystems, EC-Council and New Horizons will be coming together under one roof to discuss the latest trends in IT and how it affects Nigerians as a whole, but more importantly, how individuals can benefit optimally from the numerous IT opportunities. The epoch making event will take place in three locations across the country: The indoor sports hall of the National Stadium, Surulere; the Cultural Centre, Kuto Abeokuta and the CBN centre, Computer Science department, University of Ibadan. The event will take place on the 18th of October 2008. Futhermore, information from New Horizons revealed that participants will learn about actionable steps to take towards improving their professional skills thereby making it easier to get the jobs of their dreams. Other invited guests include top recruitment companies: People Prime, IRIS Consulting, Michael Stevens, and Clement Ashley Consulting.
Bavisi, the co-founder of EC-Council, creators of programmes such as CEH-Certified Ethical Hacker, CHFI-Certified Hacking Foresnsic Investigator, Master of Security Science-MSS, and MBA E-Business will be in attendance to discuss the importance of e-business to national growth and career development.
At the fair, participants will have the opportunity to meet with the recruitment firms to discuss their career aspirations, the needed steps to take to achieve their goals and job opportunities in the Nigerian employment market. They will also get to know the top paying companies in the country, good universities they can attend on a reasonable budget abroad for their postgraduate programmes as well as available scholarships they can tap into to sponsor their schooling.
MD/CEO of New Horizons , Tim Akano said they were organising another job fair because of the unpredecented turn out of particpants at the first one in which more than 10,000 people came. He e further revealed that people had been calling in, writing letters and emails, beckoning on the organsation to put together another job fair, not only in Lagos, but in other states and that is why the firm is putting together a bigger job fair. He added that they were expecting upwards of 30,000 people to come for the event.
He drew attention to the deplorable situation of unemployment in the country and the need to address the situation with pragmatic and long lasting solution. He said the former minister for education Mrs. Oby Ezekwelisi and the present CBN Governor, Charles Soludo said that more than 70% of Nigerian youths are unemployed, unemployable, or underemployed and if the situation is not reversed Nigeria will soon become a nation of criminals. He said the effect of unemployment is deeply felt in the society as the rate of crime has risen to alarming proportions and the only solution to it is to provide the right skills to people so as to rise above the situation and live more prosperous lives. He explained that ICT is the area in which skills are needed in the world today and those who strive to acquire these skills will be better for it.
It will be recalled that New Horizons had previously organized a job fair at the National Sadium Lagos, where more than 10,000 gathered to witness the event; an infotainment night-the first of its kind in Nigeria involving 9ICE and Dan Forster, they have also put together a mobile scholarship initiative in a bid to emancipate the youths from the shackles of unemployment.
New Horizons, the world’s No.1 ICT Training Institution (IDC Report 2007, www.idc.com), as well as the two time winner (2006/2007) for the best ICT Training Institution in West Africa (Direct Marketing Association of West Africa)
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.
E-Financial1 day agoHere Are Nigerian Banks That Have Secured Their Licences
E-Financial1 day agoZenith Bank Top Nigerian Bank Pick Ahead of GTCO, AccessCorp
Telecom1 day agoMTN CEO Toriola Hails Nigeria’s Telecom Transformation at MIPAD
News1 day agoICPC Charges Ozekhome with Forgery, Corruption Over London Property
E-Financial1 day agoNigeria Processed $92.1Bn Crypto Transactions in 12 Months — PwC
Telecom1 day agoLebara Launches Agent Registration Portal
E-Financial1 day agoHow Crypto Criminals Stole $700m from People – often Using Age-Old Tricks
E-Business1 day agoElon Musk Seeks $134Bn from OpenAI, Microsoft for ‘Wrongful Gains’












