News
Unusual Praise will be World’s Biggest Catholic Concert by 2022 – Ekeh, Zinox boss

Leo Stan Ekeh, chairman, Zinox Group, has revealed that Unusual Praise will become the world’s biggest Catholic concert, come 2022.
Ekeh made the assertion while speaking during the 2019 edition of Unusual Praise held in Lekki, Lagos on Friday November 29th, 2019.

Widely regarded as the biggest praise concert in Nigeria, Unusual Praise is an annual event organized by the Catholic Church of Divine Mercy.
“Our ambition is to make Unusual Praise the biggest Catholic concert in the world. By 2022, we want Unusual Praise to be the biggest Catholic concert in the world,” Ekeh said.
This year’s Unusual Praise was attended by high profile personalities, including the former Governor of Anambra state, Peter Obi; Minister of Transport, Rotimi Amaechi; Chairman of MTN Nigeria, Dr. Ernest Ndukwe; former First Lady of Lagos State, Mrs. Abimbola Fashola, actress Rita Dominic, among others.
The event also featured the award of N40m funding grants to the 2019 set of Unusual Entrepreneur, an entrepreneurship initiative, which rewarded 251 budding entrepreneurs across different walks of life for their business plans.
The entrepreneurship initiative was sponsored by e-commerce giants Konga, Ecobank, Chineto Ozigbo Foundation, Gino, Payvic, Itex and others.
Meanwhile, recipients of the grants were selected from a poll of 650 applicants, mostly members of the Catholic Archdiocese of Lagos.
Equally important, Christians from other denominations also numbered among the recipients.
The funding provided, ranging from N50,000 to N1m, followed a thorough review of the recipients’ business proposals by a select panel of judges.
Winners of the fund are equally expected to be mentored by seasoned entrepreneurs, who will provide the required training to ensure the recipients’ businesses succeed in the long-term.
Explaining the rationale behind the entrepreneurship programme, Parish Priest of Catholic Church of Divine Mercy, Monsignor Paschal Nwaezeapu, said:“The Unusual Entrepreneur, being an arm of Unusual Praise, is intended to equip the young entrepreneurs with requisite skills, mentorship and spiritual backing, so that they could stand in business and through this, help the country in solving the unemployment problems”.

Furthermore, Programme Chairman, Valentine Ozigbo, commented saying, “the 2019 edition of Unusual Entrepreneur is focused on empowering as many entrepreneurs as we could afford, with the skill-set, funding, and mentorship they require to succeed in the world of business.
“The event is expected to bring our entrepreneurs up-to-date information regarding entrepreneurship in the 21st Century, solving funding challenges, sustainable business culture, among other things.”
A powerful, high-profile cast of gospel ministers, including Chioma Jesus, Nathaniel Bassey, Tope Alabi, Chinyere Udoma, Sir Jude Nnam, Bukola Bekes, Akanchawa and Mercy Chinwo delivered soul-lifting ministrations during the 2019 edition of Unusual Praise.
Other gospel artistes who performed at the event included Panam Percy Paul, Joe Praize, Grace Eze, Osinachi Nwachukwu, BJ Sax, Big Bolaji, David and Chukwuemeka, Phillip Olumide Dada and a host of others.
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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