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Fashola Describes Samsung Academy as Knowledge Hub, Commends Coy

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Banatunde Fashola, Governor of Lagos State
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Governor Babatunde Fashola of Lagos State has described the Samsung Engineering Academy as a knowledge hub that will also open up job opportunities for the people of Lagos.
Fashola who spoke at the commissioning of the academy in Lagos also said that there is an urgent need to develop technical skills in students adding that existing technicians are ill- equipped to repair new appliances because they lack access to modern technology.
According to him, “Upcoming technicians must be exposed to cutting edge technology if they are to remain competitive. The ability to repair the latest technology is key to wealth creation for technicians”.
Governor Fashola commended Samsung for partnering with the Lagos State Government on the Academy.
He said that the stressing that the Samsung Engineering Academy is in line with his administration’s drive to create jobs, especially for young citizens.
Nicholas Shin, managing director of Samsung Electronics West Africa, said: “Our aim is to promote co-operation, innovation, wealth creation and to facilitate thought leadership in the communities in which we operate in response to their real needs and conditions.”
Shin said that “The Samsung Engineering Academy programme is our flagship CSR initiative undertaken in response of the need to develop a skilled workforce of technicians who will become service experts empowered to create wealth. Samsung, as a quality service-oriented company, aims to link CSR activities with our business goal of sustaining our level of innovation. This can only be achieved if we invest in quality education to empower the youth”
The Samsung Electronics Engineering Academy located Agidimgbi Technical College, Ikeja is in partnership with the Eko Project, a World Bank assisted initiative aimed at improving the quality of public secondary education.
The new Academy is equipped with the latest electronics is aimed at addressing the dearth of technical and engineering skills in Nigeria by providing hands-on, vocational skills training for secondary school students.
It is the third Samsung Electronics Engineering Academy in Lagos as part of its goal to develop 10 000 electronics engineers across Africa by 2015.
Students will go through a year’s program in engineering skills, aligned to their technical school’s curriculum.
The Academy will initially admit 60 students. Upon completion of the programme, graduating students are automatically eligible for an internship at Samsung’s channel partners.
Outstanding performers will have the opportunity to work as independent service technicians or employees in the company’s retail channel outlets.
They also stand a chance of being selected to participate in a year-long leadership opportunity at Samsung Electronics’ headquarters in South Korea as part of the 100 African Young Leaders program.


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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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