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Williams Replaces Aladekomo at Chams

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(L-r): Olufemi Williams, managing director and chief executive officer, Chams Plc; Haruna Jalo-Waziri; executive director, Business Development, Nigerian Stock Exchange, and Demola Aladekomo, immediate past managing director and chief executive officer, Chams Plc., beating the gong closing the market on his last working day at the NSE in Lagos.
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Chams Plc has announced the appointment of Olufemi Williams as the company’s new Group Managing Director and Chief Executive Officer.

Williams joined Chams about 25 years ago because he saw how clearly Chams was redefining the emerging computer hardware and maintenance sector, providing solutions hitherto sought overseas by multinational corporations.

Williams has been a key member of Chams’ executive and leadership team since 2001 and will take over from Demola Aladekomo, the founding Managing Director and Chief Executive Officer.

Aladekomo led the firm with distinction for 30 years, nurturing Chams from a computer hardware maintenance firm into Nigeria’s leading authority in identity transaction systems. Williams’ appointment takes effect September 18, 2015.

Prior to his appointment, Williams, was the Deputy Managing Director of the wholly indigenous technology firm.

Announcing Williams’ appointment, Very Reverend Ayo Richards, chairman, Chams Plc said: “Olufemi Williams is an exceptional leader. Since he joined Chams, where he has worked in various capacities, Williams has been extraordinary. His well-deserved appointment to the role of Managing Director and Chief Executive Officer affirms orderly leadership transition in the company which aligns with the board’s ratified succession plan which emphasises promoting capable internal candidates to leadership positions.”

Commenting on Williams’ appointment, outgoing CEO, Demola Aladekomo said, “Williams is a brilliant colleague who has distinguished himself over the years as a highly talented, inspiring and energetic leader with positive attitude. I am personally delighted to be handing over the reins to such an outstanding leader.”

Reflecting on his appointment, Williams said: “I am honoured and excited to have been selected to lead Chams Plc. We are a company that has evolved over the years because of our pioneering works in technology sector in the Nigerian market, with our strong capability and winning strategies enabling us to grow strongly. Consolidating on our achievement is a challenge I accept with confidence and determination. I am determined to accelerate the momentum of Chams Group in the identity transaction systems space leading the business to even greater things.”

Williams joined Chams Plc in 1990 as a Computer Engineer while undergoing the one year mandatory NYSC scheme as a corps member.

He rose to the position of General Manager in January 2001, and held same until he was seconded to SuperCard Limited, a subsidiary of the Chams group, as Managing Director in March 2004.

Williams was recalled to Chams Plc and appointed the Deputy Managing Director in 2011. He continued serving in that capacity until April 2015 when he was made the GMD/CEO designate, following the announcement of Aladekomo impending retirement from Chams Plc.

Meanwhile, in recognition of his outstanding leadership role in Chams Plc over the years, the Nigerian Stock Exchange invited Aladekomo to ring the bell at the close of business on Thursday, September 17. The privileged gesture was the NSE’s way of honouring the IT guru as he proceeds on retirement after 30 years of selfless service.

Established in 1985, Chams Plc is Nigeria’s foremost ICT firm with specialty in developing and deploying enterprise technology solutions. The company is renowned for providing innovative, qualitative products and services in the information technology sector.

 


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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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