News
FG Signs MoU with Airbus to Boost Aerospace Development

The Federal Government of Nigeria has signed a landmark Memorandum of Understanding (MoU) with Airbus, one of the world’s leading aircraft manufacturing giants, as part of the working visit of Festus Keyamo, the Minister of Aviation and Aerospace Development, to the company’s global headquarters in Toulouse.

The agreement marks a significant milestone in Nigeria’s efforts to reposition its aviation sector and accelerate the development of a robust and sustainable aerospace ecosystem.
The Minister was accompanied by a high-powered delegation comprising Mahmud Adam Kambari, the Permanent Secretary of the Ministry; Farouk Umar, Director General of the Nigerian Airspace Management Agency (NAMA); Ahmed Tijjani, Director of Air Traffic Management, Federal Ministry of Aviation and Aerospace Development, Mohammed; Michael Chukwu, Director of Air Safety Administration; Chris Najomo, Director General of the Nigerian Civil Aviation Authority (NCAA); and Ahmed Abba, Director of Aerodrome & Air Standards, NCAA.
Under the terms of the MoU, Airbus and the Federal Government of Nigeria will collaborate to accelerate the growth of Nigeria’s civil aviation ecosystem through targeted support in aviation infrastructure development and human capital enhancement.
Speaking at the signing ceremony, Festus Keyamo described the agreement as a strategic leap forward for Nigeria’s aviation sector: “We are deeply honored to engage in a long-term partnership with Airbus. This agreement aligns with the Federal Government’s commitment to accelerating the development of Nigeria’s aeronautical ecosystem in all its dimensions.”
Also speaking, Gabriel Semelas, President of Airbus for Africa and the Middle East, emphasized Nigeria’s strategic importance in the global aviation landscape: “Nigeria is at the heart of Africa’s aerospace opportunity, driven by its large population and growing economy. This agreement reflects our shared ambition to scale the civil aviation ecosystem in the country.
By leveraging local talent and infrastructure, we are committed to fostering long-term growth and developing human capability to secure the continent’s aviation future.”
As part of the partnership, Airbus will provide comprehensive technical support, including aviation market intelligence, crew and maintenance training, and advisory services on Maintenance, Repair, and Overhaul (MRO) operations. The collaboration will also explore Nigeria’s potential role in Sustainable Aviation Fuel (SAF) production, while supporting the training and development of the next generation of Nigerian aviation professionals.
This agreement builds on Airbus’ longstanding presence in Africa, supported by a workforce of approximately 3,000 employees across the continent. It reinforces the company’s commitment to strengthening Africa’s aerospace ecosystem through local partnerships, skills development, and the advancement of technical expertise.
According to Airbus’s latest Global Market Forecast, Africa is projected to require approximately 1,490 new passenger and cargo aircraft by 2044. Furthermore, demand for skilled aviation personnel is expected to surge significantly, with the continent needing over 20,000 pilots, 20,000 maintenance engineers, and 21,000 cabin crew members to meet anticipated growth in air travel.
The MoU represents a bold step toward positioning Nigeria as a leading aviation hub in Africa, while unlocking new opportunities for economic growth, job creation, and technological advancement in the aerospace sector.
News
UK Appoints Peter Vowles as British High Commissioner to Nigeria

The UK Government has announced the appointment of Mr Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria.

Mr Vowles succeeds Dr Richard Montgomery CMG and is expected to take up his post in Abuja in September 2026. Dr Montgomery remains in post until that time.
Mr Vowles brings extensive diplomatic and development experience to the role, having served as His Majesty’s Ambassador to Zimbabwe from 2023 to 2026 and previously as Ambassador to Myanmar from 2021 to 2022.
He has held senior leadership positions across the FCDO and its predecessor department DFID, including as Transformation Director and Director for Asia, Caribbean and Overseas Territories.
Earlier in his career, Mr Vowles worked in international development across South Asia, Central Africa and East Africa, including postings in Bangladesh, India, the Democratic Republic of Congo and Kenya. He began his career in Zimbabwe, where he worked in education and development.
Peter Vowles said: “I am honoured to be appointed as British High Commissioner to Nigeria. Nigeria is a country of immense importance to the United Kingdom, and I look forward to working closely with Nigerian partners to strengthen our relationship across trade, development and security.”
News
Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

World Bank has ranked the Apapa and Tin Can Island Port complexes in Lagos among the world’s 20 most improved ports in its 2025 Container Port Performance Index (CPPI), released in June 2026.

The ranking places both ports in the “Top 20 Port Improvement Since 2020” category, reflecting significant gains in operational efficiency and vessel turnaround time.
The CPPI is a global benchmark used to assess the efficiency of container ports based on factors such as cargo handling speed, ship turnaround time and overall logistics performance.
According to the report, the improvement highlights ongoing reforms and modernization efforts within Nigeria’s maritime sector.
The Managing Director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, attributed the recognition to ongoing policy reforms and infrastructure upgrades in the sector.
He said the development reflects the impact of economic policies of President Bola Tinubu and the support of the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.
“With the investor-friendly policies of President Bola Ahmed Tinubu providing the impetus for increased investment to drive our port infrastructure and equipment modernisation programme, coupled with the unflinching support of the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, we have all it takes to further enhance trade facilitation, improve competitiveness and boost the national economy,” he said.
The NPA said the recognition is expected to strengthen investor confidence in Nigeria’s maritime sector and enhance the country’s position as a regional trade and logistics hub.
It noted that improvements in port operations are already contributing to increased efficiency in cargo movement and reduced delays at key terminals.
The authority also pointed to ongoing efforts to modernise port infrastructure and expand digital systems aimed at improving service delivery.
Earlier in February 2026, the NPA said the federal government had intensified efforts to position Nigeria as a leading maritime destination through port rehabilitation and modernization projects.
It also highlighted public-private partnership initiatives, including developments at the Lekki Deep Sea Port, as part of broader reforms aimed at improving efficiency and attracting investment.
The CPPI ranking is expected to further boost Nigeria’s maritime profile and encourage additional investment in the sector.
News
PalmPay Joins Industry Leaders @ Digital Pay Expo 2026

As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.

While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions around resilience, security, interoperability and transaction reliability continue to shape how the market evolves and how confidently digital payments can scale.
These issues will be central to the deliberations at Digital Pay Expo 2026, where fintech leaders, payment operators, and other ecosystem stakeholders will gather under the theme, “Seamless Digital: Fostering Pan-African Market Expansion in the Era of AI.”
PalmPay’s participation reflects its continued commitment to building trusted and scalable payment infrastructure, while contributing to the broader industry efforts to strengthen systems, standards, and partnerships needed to support long-term ecosystem growth.
Speaking ahead of the event, Olorunfemi Hanson, Head of Marketing and Communications at PalmPay Nigeria, said: “As the financial services ecosystem continues to grow, trust and reliability become even more important.
“The industry’s next phase will be shaped not only by innovation, but by the strength of the infrastructure supporting it. Digital Pay Expo provides an important platform to address the resilience, interoperability, and trust issues that will shape the future of digital payments growth across Africa.”
The event, scheduled to be held from the 17th to the 18th of June, 2026, will feature Chika Nwosu, Managing Director of PalmPay Nigeria, alongside other distinguished guests, including the Director-General, Payment System Management Department (PSMD), Central Bank of Nigeria. The event will examine how the industry can balance innovation, regulation, and scalability while strengthening trust across the digital payments value chain.
For PalmPay, this event reinforces its role in supporting a more resilient, secure and scalable payments ecosystem for Nigeria and emerging markets more broadly.
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