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Key Speakers, Topics Unveiled as #nitec2016 Begins Thursday

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The much talked about Nigeria International Technology Exhibition & Conference (#nitec2016) holds this week, precisely, June 23rd and 24th at the Civic Center, Ozumba Mbadiwe, Victoria Island, Lagos, under the theme, “The Role of Disruptive Technologies in Catapulting the African Continent’s GDP”.

Crème de crème personalities in the Nigerian IT/ICT industry will be joining the Honourable Minister Of Communications, Barrister Adebayo Shittu, who is the special guest of Honour; Managing Director, Airtel Nigeria, Mr. Segun Ogunsanya, the keynote speaker; Acting Director-General of NITDA; among others, as well as other professionals who understand that disruptions in various industries worldwide are actually spring boards for our startups to showcase their entrepreneurial and innovative prowess.

There will be remarks by the Executive Vice Chairman, Nigerian Communications Commission (NCC), Professor Umaru Garba Danbatta; the President, Institute Of Software Practitioners Of Nigeria (ISPON),Olorogun James Emadoye, among others.

Day one: Yele Okeremi, Ceo, Precise Financial Systems will be moderating a session on “Disrupting the Disruptor”. Today’s world of technology is about disruptions and it has now come to the point where disruptors are now getting disrupted. How do you disrupt or get disrupted? How can African start-ups be positioned for disruption? Come to #nitec2016 to hear directly from men and women who are setting the pace in this regard.

The Country Manager, Google (Nigeria) Juliet Ehimuan-Chiazor, will lead a session on “Trends Driving the Future of Marketing & the Digital Landscape”. The e-commerce space in Nigeria is still nascent, no matter how we look at it. Now, how can they tap into the avid online shoppers, who make two or more purchases online, leading a retail revolution?

According to the fifth annual UPS Pulse of the Online Shopper™ study, published on its website last week, these consumers are shopping more with their smartphones and demanding a more seamless experience between virtual and physical stores.

Actually, this is the first time in the study’s five-year history that more than 50 percent (51%) of all purchases made by respondents are made online, up from 48 percent in 2015.

“Consumers are skilled at using technology to their advantage and thrive on gathering information when shopping,” said Teresa Finley, chief marketing officer at UPS. “This year’s UPS study revealed that 45 percent of online shoppers love the thrill of hunting for and finding great deals, and that physical stores continue to play an important role in that experience. The challenge is how to best engage with shoppers to fulfill their desires.”

The shift from traditional in-store shopping to shopping with multiple channels continues. Seventeen percent of consumers plan to shop less in store, shifting time to their electronic devices.

The use of smartphones is up 10 points (to 77%) over the past two years, and retailers are responding. Online shoppers report a better mobile experience with satisfaction up eight points (to 73%) since last year.

Social media’s influence on purchasing decisions is up nine points (to 34%) in the last year with nearly a quarter of respondents (23%) having made purchases through social media sites, we learnt from the UPS study.

Well, trends come and go, so fast you might add. However, you have little or no choice but to understand what the trends are and how you can stay ahead of the curve. It will be a refreshing moment for participants, as Google’s Country Manager, will share some Insights into digital marketing, especially, the necessary Google tools you can use to remain relevant in this digital marketing war.

The Founder SimplePay and MyAds Global, Simeon Ononobi,  & the Founder of Yudala, Nnamdi Ekeh, are warming up for a session on how African start-ups can tap into addressing global challenges. What is the essence of a startup without balancing your local and global relevance. We would listen to what some start-ups are doing and/or should be doing to this regard.

It’s no secret that SimplePay has become a simply, payment gateway of choice, allowing any business or consumer with an e-mail address and a bank account to securely, conveniently and cost-effectively send and receive payments online or through their mobile phone.

On the other hand, Yudala has achieve, in less than three years, the status of Nigeria’s largest online & retail chain; offering you the best shopping experience in Nigeria. The duo, Ononobi and Ekeh will discuss “Disruptive Insights: Young African Visionaries Addressing Global Issues”.

There is a lot happening in the world of “IoT & Wearables, but “what are the threats and opportunities? So, Rev’ Sunday Folayan, the chief crusader for .ng domain name registration in Nigeria will take a holistic look at the concept of Internet of Things. We want to know if Africa will rise to develop its own local talents to take advantage of this trend? Or would it just seat down like the mobile revolution era and consume everything created from abroad? Key in this journey is leaving a remarkable footprint in the internet, which .ng is the opium. Folayan will do justice to this topic. Trust me.

There is no need scratching the surface, the panel session on harnessing the opportunities of cloud computing to be moderated by Yomi Adegboye, will expatiate on the efficacies of cloud computing.

No doubt, cloud computing is interwoven with  cloud services offerable by data centres. Data centres are at the very core of technology advancement particular in a very unsafe world. Why is the majority of Nigeria’s data still located outside the shores of this country? What policies should be put in place to advance technologically and ensure that multi-nationals hosting our data situate some of their data centres within the shores of Africa and Nigeria in particular?

Tunde Coker, will be speaking on “How World-Class Cloud Services Accelerates A Smarter Society”? Coker who presides as the managing director of Rack Centre; equipped with a state-of-the-art, Tier III Design Certified data centre offering carrier-neutral colocation services, posses the intellectual milieu to answer these questions.   

The data centre provides over 6,000 sqm (65,000sqft) of energy efficient and secure data centre space. The technology invested in provides clients guaranteed levels of uptime, power and service availability. He will explain how co-locating within Rack Centre allows companies to avoid fixed infrastructure investments and to leave the growing complexity of managing power and environmental issues to specialists.

Also, government and its agencies have come under intense scrutiny and are realizing that technology is helping citizens hold them more accountable. What will be the new economy that will be created as a result of digitalizing only 30% of Nigeria’s public sector?

Thus, on the second day, Kola Aina, ‎Entrepreneur & Investor – ‎Ventures Platform Ltd will tell us “What the Digitalization of Government and Public Sectors Means for the Eco-System”. This is topical, especially now Barrister Adebayo led Ministry of Communications have expressed utmost desire to drive e-Governance in Nigeria. We know that such gesture is capable of reducing wastes or inculcating transparency into government dealings by over 30%.

The Editor in-chief/ CEO, CommunicationsWeek Media Ltd, Ken Nwogbo, will lead the panel session on “The Role of the Media in Positioning the African Start-Up”; while The owner, Future Software Resources Ltd, Nkem Begho, will discuss “How Social Media, Analytics & Open Data Have Changed Marketing Paradigms”.

The Presenter, Tech Trends on Channels Television; columnist with Punch Newspaper and reputable blogger, Chukwuemeka Fred Agbata jr. (CFA), will be among select startsups to.make presentations.

Speaking at a press conference in Lagos recently introducing NITEC 2016, the Managing Director/CEO of Neo Media & Marketing, Ehi Braimah, explained the concept behind the event which is to showcase Nigeria’s technology ecosystem and promote innovative ICT solutions.

Braimah, while speaking at the event, admonished the public and private sectors particularly entrepreneurs to embrace technology and its disruptive nature.

This is why the slogan for what will become an annual conference and exhibition is “Trending Technologies”, a slogan that will ensure each year’s edition captures all the trending issues in technology around the world.

To this end, he said that NITEC 2016 is positioned to bridge the gap between the private and public sectors and the international technology community in re-engineering the African technological ecosystem for greater impact on the continent’s GDP.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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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%

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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

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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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