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Niger Arrests Nigerian with N1Bn Cash

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The police in Niger Republic have arrested a Nigerian carrying 4.6 million Euros (N1.05 billon) in cash, according to a report by Punch newspapers.

The man was reportedly arrested at the Diori Hamani Airport in Niamey, the capital of Niger, en route Dubai in the United Arab Emirate.

Nigerien customs have also allegedly rejected Nigeria’s request for seized cash, just as some Nigerians.

Reactions to the story have been mixed with some Nigerians insisting “it was news just to promote the image of Buhari government and divert attention from the heated debate of the recent appointment”

According to the Punch however, Nigerien police said they suspected that the man was fleeing with the money in order to avoid being caught by the administration of President Muhammadu Buhari, who has been prosecuting an anti-corruption campaign since assumption of office on May 29.

They also expressed worry that there had been an upsurge in the number of Nigerians trafficking huge sums of money in cash through the neighbouring country.

The police in Niger are already working on the suspicion that the money traffickers have accomplices in the country.

The arrest of the Nigerian has been a big news item in the Nigerien newspapers and television stations.

Curiously the authorities here on Wednesday claimed ignorance of the money seizure in the neighbouring country though the Customs officers in Niger were already kicking against repatriating the cash to Nigeria.

A media report in Niger on Saturday said the National Union of Customs Officers at a press briefing “denounced the request of the Nigerian authorities” to return the seized money.

The Customs official said there had been several similar seizures in Niamey from people trafficking money from Nigeria, putting the amount that had been so seized in several billions of naira.

They said the seized money had been mainly in dollars, euros and pounds sterling, asking the Niger authorities to allow the Customs officials to do their job without interference.

When contacted, Mr. Femi Adesina, senior special adviser to the President on Media and Publicity, said he could not speak on the development because his brief was to speak for the President.

He therefore referred one of our correspondents to the Ministry of Foreign Affairs.

“I speak for the President. On this kind of issues, I will advice that you speak with the Ministry of Foreign Affairs,” he said.

At the Ministry of Foreign Affairs, the officials denied knowledge of the seizure in Niger Republic.

Ogbole Ahmedu-Ode, ministry’s spokesperson, said the ministry had not received official communication on the arrest of any Nigerian.

“I am hearing about this incident for the first time from you, we have not received any communication on the matter from any quarters,” he said over the telephone.

Calls to Emeka Obua,  Public Relations Officer of the Nigeria Immigration Service,, did not elicit any response.

He also did not respond to text messages to his mobile telephone on the issue.

The Nigerien embassy in Abuja could not be reached for comment on Wednesday as calls to the mission’s phone lines failed to connect.

Mr Wale Adeniyi, spokesman for the Nigerian Customs Service, could not be reached for comments as text message and repeated calls made to his mobile line were not replied as of the time (8.30pm) of filling this report.

But a senior official of the Service told one of our correspondents in confidence that the issue had yet to be brought to the attention of the agency.

The official said since the matter was a diplomatic issue, there were protocols that must be adhered to before the customs could step in.

The official said, “As we speak now, the matter hasn’t been drawn to our attention. This is a diplomatic matter that has to be treated with caution in order to avoid diplomatic row between both countries.

“The identity of the person in question has not been established and it is the Nigerian embassy in Niger that would verify that.

“After that is done, the Ministry of Foreign Affairs will be notified before other security agencies would be invited on the matter.

“So, it is not something that the Customs will jump into and start investigating because the Customs in Niger don’t report directly to us in Nigeria.”


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UK Appoints Peter Vowles as British High Commissioner to Nigeria

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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.”


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Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

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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.

Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

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.


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PalmPay Joins Industry Leaders @ Digital Pay Expo 2026

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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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