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Philips at Africa Expo Commits to Better, Sustainable Future

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Around the globe, disruption, innovation, and the rapid pace of technological development is reshaping consumer experience, as well as the operating environment for organisations of all sizes and within every industry.

The healthcare industry is no exception.  Today, technological and business innovation is empowering companies and healthcare professionals to deliver medication, treatment, as well as more effective care to patients quicker, more efficiently than ever ultimately resulting in better care that is accessible to many more people than ever before.

The latter is vitally important at Philips, which strives to deliver personal, meaningful innovation that has a positive impact on people’s lives.

“Our mission is to improve the lives of 3 billion people by 2025. This is a bold and daring vision. But looking at the state of the world, it is a path worth taking,” JJ van Dongen, CEO of Philips Africa, stated today at the opening of the Philips Africa Innovation Experience.

The Philips Africa Innovation Experience provided a glimpse into the future of healthcare and lighting; attendees were taken on an experiential tour through an immersive setting, showcasing how the healthcare industry is slowly becoming more agile, effective and more importantly, within a regional context – more cost-effective – for people on the African continent.

The rapid transformation of the lighting industry and how LEDs are transforming the nature of lighting -how and where, artificial light is used to enhance the human experience were part of the overall experience.

“Innovation has been and will always be at the heart of Philips and the Africa Innovation Experience underlines how we are pushing the boundaries to improve people’s lives with a host of localized solutions and services. With a presence in Africa for over 100 years Philips is committed to providing effective, sustainable and value based solutions to the continent. We hope to inspire our customers and partners and demonstrate the steps we can take together to improve people’s lives across the continent.”

Helping To Shape The Future
Thanks to advances in imaging and monitoring technologies, combined with rapid development in digital health data and cloud computing, Philips is leading the transformation of the healthcare industry and creating highly integrated, personalised care with better outcomes at lower costs.
As part of the experiential setting at the event attendees were able to see solutions which are addressing the challenges in Africa:

Philips PulseRelief
An app-enabled TENS (Trancutaneous Electronic Nerve Stimulation) device that helps users choose and control personal treatment to relieve pain.

PulseRelief offers a drug-free solution to help chronic pain sufferers manage their pain discreetly.

The app optimizes use of the device and allows users to track their pain before and after treatment, and over time using their tablet or smartphone.

VISIQ
VISIQ is a transducer-plus-tablet ultrasound system that delivers the image quality of a cart-based system.

Ultra-mobile and easy-to-use, it allows clinicians to perform quality diagnostic obstetric, gynaecological and abdominal scans anywhere, from hospital labour rooms to remote, rural locations.

Minicare Acute
Minicare Acute is a fully-automated handheld rapid diagnostic testing solution that can measure target molecules in very low concentrations (picomolar) in blood in a matter of minutes.

Based on its proprietary Magnotech biosensor technology, the Minicare handheld diagnostic test can perform a wide variety of assays including hormones, drugs and proteins

The platform allows multiplexing capabilities making it possible to test for multiple markers from the same droplet of blood at the same time.

The first application for acute care is cTnI (cardiac Troponin I). Philips aims to offer a full range of markers for the acute care settin

Empowering A Healthy Life
Worldwide, and particularly in the growing middle class in Africa, people are becoming more conscious of their personal health and well-being, and how they can make positive choices for a healthier lifestyle.

Philips supports and catalyzes these developments, empowering people to live healthier lives through its innovations.

Philips showcased a series of personal health programs that empower consumers to take greater control of their health. Each health program comprises connected health measurement devices, an app-based personalized program and secure, cloud-based data analysis.

Smarter Cities
The world needs more light, more energy efficient light and digital light. Philips, as the global leader in lighting, is taking light beyond illumination.

By connecting LED lighting to sensors, controls, networks, devices and apps Philips enables its customers to create amazing new lighting experiences and to achieve outstanding business outcomes while saving up to 80% on energy.

Philips is taking lighting into a fully digital world in which it connects people, places and devices – and creates safe and sustainable homes and public environments.

 


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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%

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.


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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

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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