Haelsoft Digital among Nigeria’s 100 fastest-growing SMEs

WhatsApp Image 2025-12-13 at 12.43.06 AMHaelsoft Digital Limited has been named one of Nigeria’s Top 100 Fastest Growing SMEs for 2025 by BusinessDay, spotlighting the company’s rapid expansion in digital services and technology training.

Founder and CEO Michael Onyeka Ezeadichie, who also launched Inside Haelsoft and Haelsoft EdTech, has spent over a decade delivering software development, digital consulting, and online education solutions. Ezeadichie said the company’s growth stems from identifying gaps in digital skills and readiness.

“We began as a digital services company,” he said, “but the market quickly showed that the bigger gap was in skills, structures, and digital readiness. Our growth has largely come from responding to those gaps.”

Haelsoft’s EdTech arm now offers courses in software development, cybersecurity, UI/UX design, digital marketing, and data science, addressing rising employer demand for practical digital competence.

In 2025, the firm partnered with Heligande to provide advisory support to family-owned businesses, focusing on digital adoption, operational restructuring, and strategy execution.

“Many companies recognize the need to transform,” Ezeadichie said, “but the real challenge is knowing where to begin and how to sustain the process. That is where our work with Heligande became important.”

Receiving the BusinessDay award on December 4, 2025, Ezeadichie described it as a benchmark rather than a celebration.

“For us, the award is simply data, it tells us we are moving in the right direction, but it also tells us how much more work is ahead,” he said.

Haelsoft’s recognition highlights the growing role of technology-driven SMEs in Nigeria’s digital economy and the impact of founders with strong technical backgrounds in driving growth.

 

FG approves N6.4tn PPP projects to boost ports, power

Infrastructure Concession Regulatory CommissionThe Federal Executive Council has approved three major Public-Private Partnership projects valued at over N6.43tn, signaling another significant wave of private-sector investment into Nigeria’s infrastructure landscape.

The projects — two deep seaports and a 460-megawatt hydropower plant — form the second batch of PPP initiatives cleared by the Council within one month, underscoring President Bola Tinubu’s push for private capital as a driver of growth under the Renewed Hope Agenda.

The approvals were announced in a statement released by the Director-General of the Infrastructure Concession Regulatory Commission, Jobson Ewalefoh, on Friday.

He said the deals represent one of the strongest signals yet that the government’s reform agenda is yielding measurable impact

The statement read, “The Federal Executive Council has approved three transformative Public-Private Partnership (PPP) projects, confirming an injection of over N6.43tn (approximately $4.29bn) in private capital into the Nigerian economy. These approvals underscore the practical impact of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises private-sector-led infrastructure delivery as a catalyst for national growth, economic competitiveness, and job creation.”

He explained that improved policy clarity, economic liberalisation, and strengthened regulatory institutions have boosted investor confidence, enabling the Federal Government to unlock billions of dollars in long-term investments.

The newly approved projects constitute the second batch of seven PPP initiatives endorsed by the Council in the last month, all under the regulatory guidance of the Infrastructure Concession Regulatory Commission.

The new projects include the $2.27bn Bakassi Deep Seaport, the $1.14bn Port of Ondo Deep Seaport, and the $878.1m Katsina-Ala Hydropower Plant, all to be fully financed, developed, and operated by private investors.

Ewalefoh said the projects reaffirm the Tinubu administration’s resolve to deploy PPPs to accelerate economic competitiveness, enhance trade, and expand Nigeria’s renewable-energy footprint.

He explained that the Bakassi Deep Seaport, a greenfield development, would create a new maritime gateway for the North-Central and North-East and serve as a major hub for West and Central Africa.

“These are decisive, multi-sectoral investment portfolios that directly address national needs. The approval of the two deep-seaport projects alone, totalling over $3.4bn in private capital, will fundamentally optimise our maritime trade routes and decongest existing port facilities.

“The Bakassi Deep Seaport is a greenfield development designed to accommodate larger vessels and integrate an industrial cluster and Free Trade Zone, creating thousands of jobs and positioning Nigeria as a first-choice maritime destination.

“The approval of the two deep-seaport projects alone, totalling over $3.4bn, will fundamentally optimise our maritime trade routes and decongest existing port facilities,” he said.

He added that the Port of Ondo Deep Seaport is expected to open up the South-West’s solid minerals and agro-allied value chains while positioning Ondo State as a new logistics and export corridor.

On the hydropower project, he said, “The 460MW Katsina-Ala Hydropower Plant is a monumental greenfield project that will help address Nigeria’s persistent electricity deficit while unlocking vast renewable-energy potential.

“This $878 million investment will supply essential base-load power to the national grid and stimulate immense economic activity across the region. It is a strategic commitment to a cleaner, more reliable, and more sustainable energy future for our country.”

The latest approvals follow the clearance of three PPP projects earlier in November — the Product Authentication and Tracking System, the V-PASS contactless biometric verification platform, and the Port Harcourt International Airport concession — which attracted an additional $230.9m in private capital.

With the approvals announced on Thursday, the total number of PPP projects endorsed in 2025 has now exceeded 13, spanning maritime, health, aviation, power, and industrial sectors.

Other PPP projects approved this year include the MediPool initiative under the Health Ministry; the Maritime Electronic Management System of NIMASA; the Ikere Gorge 6MW Hydropower Plant; the Borokiri Coastal Fisheries Terminal; the Farin Ruwa 20MW Hydropower Project; and the concession for Enugu International Airport.

Ewalefoh commended President Tinubu for what he described as “consistent support” for the ICRC, noting that the President’s push to strengthen regulatory institutions has repositioned the Commission as the engine room for PPP development.

“These consistent approvals reflect Mr President’s trust in the ICRC’s mandate and further empower us to deliver even greater value to the nation,” he said.

Nigeria has increasingly turned to PPPs to expand its ageing infrastructure stock amid tight public revenues and rising fiscal pressures. The model allows private investors to finance, build, and operate major assets — particularly in ports, airports, and power — with returns tied to user fees or long-term concessions.

The strategy is crucial for Nigeria’s growth trajectory, with the country requiring an estimated $100bn annually in infrastructure spending to close its deficit.

It also confirms the administration’s intent to shift heavy infrastructure financing to the private sector while improving regulatory oversight to attract long-term capital.

Current Petrol Pump Price Slash By Dangote Reflects Domestic Market Competitive Trends

The recent pump price slash of petrol by Dangote refinery is in line with the company’s commitment to maintaining competitive domestic fuel prices despite global volatility and ongoing smuggling along Nigeria’s borders.

The management reduced its petrol gantry price from N828 to N699 per litre, a move industry observers say could influence retail fuel pricing across Nigeria.

The adjustment, effective from 11 December 2025, which represents a reduction of N129 per litre, or approximately 15.58 per cent, according to real-time market data from Petroleumprice.ng.

The recent price cut marks the 20th price adjustment by the refinery within the current year.

The reduction follows remarks by Dangote Petroleum Refinery Chairman Aliko Dangote during a closed-door meeting with President Bola Tinubu on 6 December, in which he reaffirmed the company’s commitment to maintaining competitive domestic fuel prices despite global volatility and ongoing smuggling along Nigeria’s borders.

“Prices are going down. The reason why prices have to go down is that we have to also compete with imports,” Dangote said. He added that while smuggling has declined, it remains a challenge, noting that petrol in Nigeria is “about 55 per cent lower than the price of our neighbouring countries.”

Dangote emphasised that the refinery’s petroleum products, including diesel and petrol, “will continue to be sold in the market at a very reasonable price,” and stressed that the operation is a long-term investment. “We are not here to make our $20 billion back quickly; it’s a long-term investment,” he said.

The latest adjustment by Dangote has prompted ripple effects across private depots, with Petroleumprice.ng reporting reductions at several locations. Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic reduced by N3, and TechnoOil implemented a sharper decrease of N15. Other depots, including A.A. Rano, NIPCO, and Aiteo, also made marginal adjustments in response to the new Dangote pricing template.

 

2027: Tinubu has made enthronement of ADC come to fruition – APC chieftain, Eze

A former National Publicity Secretary of the defunct New Peoples Democratic Party, nPDP, Chief Eze Chukwuemeka Eze, has said that President Bola Tinubu and the All Progressives Congress, APC, have made the African Democratic Congress, ADC’s dream of ascending political power in 2027 come to pass.

He said that Atiku’s formal move to the ADC is a catalyst that will galvanize massive support from Nigerians in a bid to remove Tinubu and his administration from office through the ballot.

According to Eze, who is a chieftain of the APC, Tinubu and his political leaders have made Nigeria a laughing stock before the international community, adding that the time had come for Nigerians to heave a sigh of relief.

“With this timely, bold and audacious move, the game has started and the battle to rescue Nigeria from the shackles of bad democratic governance and clueless government just begun.

“I am very convinced that Atiku will bring to bear his wide connection, political sagacity, leadership acumen and experience to bear on the new party.

“Now that Atiku has finally joined the ADC, and with Amaechi bringing his winning streak as two-time Campaign Director General of the Muhammad Buhari Campaign Organization in 2015 and 2019 Presidential Elections, the coast is now clear for a new Nigeria,” Eze stated.

“Tinubu has made the enthronement of ADC in 2027 come to fruition considering the level of poverty and his unpreparedness to handle the security challenges facing this country head on,” he added.

Eze, who is yet to join the ADC, however, assured that sooner or later, he will join other progressives that are on the verge of rescuing the country.

He appealed to Rotimi Amaechi, Peter Obi, David Mark, Nasir El-Rufai etc, as well as all supporters of Atiku and all those committed to reclaiming and rebuilding Nigeria to work with unity of purpose in a bid to oust Tinubu from office in 2027.

Eze commended former Adamawa State Governor Jibrilla Bindow, Senator Aisha Binani, Senator Abdullazeez Nyako,  Senator Ahmed Barata, Senator Ishaku Abbo, and other Adamawa illustrious sons and daughters who have united under ADC.

He, however, appealed to the presidential candidate of the Labour Party in the 2023 general election, Peter Obi not to be deceived by those advising him to abandon ADC and contest the 2027 Presidential election under the Labour Party or any other political party.

He warned that by so doing, Obi will “be paving way for Tinubu to continue with his maladministration after 2027.”

Defection of govs to APC embarrassing, democracy threatened – Forum

The President of women in politics forum, Ebere Ifendu, has described as very embarrassing the gale of defections of Nigerian governors into the ruling All Progressives Congress, APC.

Speaking during an interview on Arise Television monitored by DAILY POST on Thursday, Ifendu raised the alarm that Nigeria’s democracy is under threat.

She was reacting to the gale of defections by some state governors from their own political parties into the APC.

DAILY POST reports that the governors of Enugu, Bayelsa, Delta, Rivers and Akwa-Ibom states have all defected to the ruling party.

Reacting, Ifendu said, “It’s an embarrassing situation if I must be honest with you. In politics, we expect that political parties have different ideologies. It’s either you’re a socialist political party like you find in the Labour Party or you are a conservative political party. There must be an ideology.

“And so when you see these people move from one party to the other, you begin to wonder, is it that political parties in Nigeria are not built with ideology? Because when we vote for a political party, we vote based on those things that we believe that the political party is presenting before us.

“And I think that democracy in Nigeria is threatened because people no longer believe in the people they have voted for.

“Let me also say here that a candidate of a political party is carrying the mandate of the party, and not the person’s personal mandate, and so you get elected based on what your party presented, and then you just dump that party to go to another political party. Are we turning to a one party state in Nigeria?

“If there is no opposition, then there is no democracy. So I think it’s very wrong seeing what is happening in Nigeria today.”

Christians not to be subjected to Sharia law – Sultan of Sokoto

The Sultan of Sokoto, Alhaji Muhammadu Sa’ad Abubakar III, says it is completely wrong for Christians to be taken to Sharia courts or forced to follow Sharia rules.

He said this on Wednesday during the opening of the 2025 meeting of the Nigeria Inter-Religious Council (NIREC) in Abuja.

The theme of the meeting was “Collaboration of Inter-Religious Council with Government to Promote Peace in Nigeria.”

The Sultan explained that Sharia is strictly for Muslims, and no Christian should be made to dress, act, or pray like Muslims.

He stressed that Nigeria is a multi-religious country, not a secular one, and that the government supports both Islam and Christianity without adopting either as a state religion.

He also rejected recent calls to scrap Sharia law, saying Nigeria allows all religions to practice freely without interference.

The Speaker of the House of Representatives, Abbas Tajudeen, also spoke at the event. He called for stronger cooperation between NIREC and the Federal Government to help build peace and fight insecurity.

Tajudeen warned that extremist groups are trying to use religion to divide the country, and praised NIREC for promoting unity over the years.

The Secretary to the Government of the Federation, Senator George Akume, said Nigeria is facing serious challenges, including insecurity, political tension, and declining trust among citizens. He added that the country is also being misrepresented internationally because of misinformation about its security issues.

Akume assured Nigerians that the Federal Government will continue to protect lives and property.

He urged religious and traditional leaders to work together to encourage peace.

The President of the Christian Association of Nigeria (CAN), Archbishop Daniel Okoh, said Nigeria is at a dangerous point in its history because insecurity threatens national unity.

He noted that religious institutions are highly trusted and can play a major role in building peace.

He called for closer partnership between the government and religious groups to encourage dialogue, unite communities, and promote tolerance.

The Executive Secretary of NIREC, Rev. Fr. Cornelius Omonokhua, also spoke.

He said religious leaders must work more closely with the government to defeat terrorism and banditry.

According to him, every human life matters, and all leaders must join hands to protect the people.

He prayed for wisdom for Nigerian leaders and asked for a change of heart for criminals, hoping they will turn into law-abiding citizens.

He also prayed for Nigerians to adopt positive values.

NIS announces temporary disruptions on passport platform

E-Passports

The Nigeria Immigration Service has announced that its Passport Digital Platform will undergo routine system maintenance, resulting in temporary service disruptions for users.

NIS said the maintenance window will run from 12:00 a.m. on 12 December to 6:00 a.m. on 14 December 2025 (GMT).

This was contained in a public notice shared on the service’s X handle on Friday and signed by its Public Relations Officer, ACI AS Akinlabi.

According to the statement, the exercise is aimed at enhancing system performance and improving overall user experience.

“The Nigeria Immigration Service wishes to inform the general public that it is carrying out routine maintenance on its Passport Digital Platform to enhance system performance and overall user experience.

“During this period, users will experience temporary service interruptions, slow response times, or limited access to selected NIS Passport Services,” the notice read.

The service appealed for public patience, noting that the exercise is essential to maintaining a secure and efficient digital passport ecosystem.

“Our technical teams are working round the clock to ensure full service restoration within the stated timeframe,” it added.

NIS also urged users who require assistance during the maintenance period to contact its support team via email at support@immigration.gov.ng or through its official social media handles.

In a related development, NIS announced on Tuesday the activation of temporary complaint-response channels on social media following the takedown of its support accounts.

The service said the new channels were created to ensure uninterrupted engagement with applicants experiencing difficulties with passport and visa processes.

According to the notice, affected applicants can now channel their complaints through the temporary X handles @InquireAtNaija, @nigimmigration, and @InquireAtNaija_, as well as via Instagram

Reps give NNPC Pension Fund three months to clear retirees’ arrears

House of RepresentativesThe House of Representatives on Thursday directed the Nigerian National Petroleum Corporation Pension Fund Limited to begin payment of all outstanding pensions and arrears owed to its retirees within a three-month timeframe.

The House also mandated its Committee on Pensions to investigate the operational activities of the NNPC Pension Fund Limited, comb through its financial records, investment portfolios, and asset-management practices, and recommend sanctions where infractions are established.

The resolution followed the adoption of amendments to a motion sponsored by Muhammad Shehu, a member representing Fagge Federal Constituency of Kano State.

Appealing to his colleagues to support the motion, Shehu lamented the frustrations faced by retirees and contributors under the scheme.

He condemned what he described as “inappropriate operations, injustice, financial mismanagement, non-payment of entitlements and gross negligence” by the Fund’s management.

The NNPC Pension Fund Limited originated as a Trust Fund in 1983 to manage the pension assets of the NNPC and the Nigerian Upstream Petroleum Regulatory Commission.

It was reconstituted as the Incorporated Trustees of the NNPC Pension Fund in 1986, and later transformed into NNPC Pension Fund Limited following the enactment of the Pension Reform Act 2014.

Shehu reminded lawmakers that, “The objectives of the Pension Reform Act, 2014, are to establish a uniform set of rules, regulations, and standards for the administration and payment of retirement benefits across the Public Service of the Federation.

“The Retirement Savings Accounts remain the only financial lifeline available to retirees upon retirement.”

Despite this, he said, “Most NNPC retirees are unable to access retirement funds, despite fulfilling all statutory requirements under the Contributory Pension Scheme, causing widespread hardship, inequality, and disillusionment.”

The lawmaker further accused the Pension Fund’s management of routinely flouting judicial directives.

He added, “The management of NNPC Pension Fund Limited has consistently failed to comply with court orders directing payment of harmonised pensions to retirees, leaving the aged retirees to staged protests.”

He noted that the Fund has violated Section 50(1)(a) of the PRA 2014 and Clause (b) of the approved conditions, which states that “The scheme must be fully funded at all times and that any shortfall must be made up within 90 days.”

The lawmaker added that years of “inappropriate financial management, lack of transparency, and disregard for regulatory standards” have weakened trust in the pension system.

He lamented, “Many of the retirees, after decades of dedicated service to the nation, are presently battling health and financial difficulties due to the inaction and negligence of those entrusted with their welfare.

“The current framework of the NNPC Pension Fund Limited is inconsistent with international best practices, and there is an urgent need for the Federal Government to adopt an international standard pension fund structure and framework for sustainable investment, transparency, and accountability in pension management.”

NAFDAC destroys N5bn fake, expired products in Nasarawa

Prof-Mojisola-AdeyeyeThe National Agency for Food and Drug Administration and Control, on Thursday, destroyed unwholesome and substandard products worth over N5bn in Nasarawa State.

Our correspondent gathered that the unwholesome and substandard products, which were seized from Nasarawa, Benue, Kogi, Niger, and Plateau states of the North-Central region, were destroyed at the Angwan Rere dumpsite in Lafia, Nasarawa State.

Speaking at the event, the Director-General of NAFDAC, Prof. Mojisola Adeyeye, stated that the fake products were confiscated by the agency’s personnel during outine monitoring exercises.

The DG, who was represented at the event by the North-Central Zonal Director of the agency, Kenneth Azikiwe, said the exercise was aimed at preventing such dangerous products from re-entering into the markets and causing harm.

She listed some of the seized products as fake drugs, falsified medical devices, unsafe cosmetics, fake detergents and expired chemicals.

“Some of these products were intentionally hoarded, concealed, deliberately revalidated after their expiration date, maliciously positioned and displayed for sale by some unscrupulous merchants of death for unsuspecting Nigerians.

“Also up for destruction today are damaged and expired products voluntarily handed over to us by some well-meaning and God-fearing businessmen and women.”

The DG gave the assurance that NAFDAC would continue to ensure that only the right quality products are available for sale and consumption in the country.

She appealed to members of the public to provide the agency with useful information on the activities of those either selling fake products or producing substandard products that constitute threats to human life.

In his goodwill message on behalf of the state government, the Nasarawa State Commissioner for Security and Safety Matters, Usman Baba, commended NAFDAC for sanitising the state and ensuring that only genuine products are sold for human consumption.

Oil output rose by 35,000bpd in November – Report

OPECNigeria recorded one of the strongest month-on-month production gains among Organisation of the Petroleum Exporting Countries members in November 2025, pumping 1.436 million barrels per day, up from 1.401 mbpd in October, according to the December 2025 OPEC Monthly Oil Market Report.

The figures, drawn from direct communication between member countries and the organisation, show that Nigeria added 35,000 bpd in November, its most significant rise in recent months.

However, this is still below the country’s allotted quota of 1.5 mbpd, even as the country continues efforts to restore output toward the target.  The increase underscores gradual improvements in upstream security and project optimisation across major producing terminals.

This will be the fourth consecutive month Nigeria has failed to meet its assigned quota, the last time being in July 2025.

Oil production, which fell sharply in August and September due to maintenance downtime and industrial action, appreciated slightly again in October and November, showing the struggle to return to meeting the OPEC quota once again.

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said recently that Nigeria would demand a higher oil production quota. Lokpobiri said the country’s current quota, pegged at about 1.5 mbpd, no longer reflects its true production capacity.

According to him, Nigeria would make a strong case for an upward review to at least two million barrels per day. Lokpobiri’s comment came at a time when the country’s crude output dropped from over 1.5 mbpd in July to 1.39 mbpd in September.

It was observed from the report that despite Nigeria’s growth, overall OPEC crude production was largely flat, rising by just 39,000 bpd to an estimated 25.17 mbpd in November.

Saudi Arabia, OPEC’s largest producer, recorded the biggest absolute increase, adding 48,000 bpd to reach 10.05 million bpd. The kingdom continues to carry the heaviest share of the group’s voluntary output adjustments.

Libya’s production also ticked up, rising by 14,000 bpd to 1.365 mbpd, maintaining its recovery trajectory despite lingering internal instability. Kuwait and the UAE reported mild increases of 10,000 bpd and 8,000 bpd, respectively.

Venezuela sustained its slow output recovery, adding 10,000 bpd to reach 1.142 million bpd, supported by incremental operational improvements.

Iraq posted the most notable drop, cutting 40,000 bpd to 4.1 mbpd amid renewed pressure from OPEC to improve compliance with agreed output levels. Congo recorded a smaller decline of 8,000 bpd, producing 269,000 bpd. Iran, Gabon, and Equatorial Guinea did not provide direct production figures.