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COVID-19: Verve Launches Food Bank for Vulnerable Communities

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The impact of COVID-19 so far has been huge. Humanity has been tested. Strength and resolve have been stretched thin.

Millions have lost their lives, loved ones are being missed, tons rendered jobless, communities have been subjected to adverse vulnerability and hunger. Yet again, the will to live is ever so strong, as survival is seen in the bond of community.

The Lockdown was a measure put in place to flatten the Covid-19 curve; however, it has created another major problem: hunger.

The essence of our lives, really, is the inclusiveness of our communities. The newspaper vendor, the security guard, the ‘akara’ women by the roadside, the road cleaners, the masons, the food vendors, and even the less privileged – all of these people have been adversely affected, especially since their daily incomes have invariably been abruptly cut short, consequently plunging them into extreme hunger.

Inspired to alleviate the sufferings of these vulnerable groups, while at the same time making a difference in the fight against the scourge, employees of the Interswitch Group have rallied together to voluntarily contribute various amounts from their remunerations, raising a total of N75 million in an employee-led initiative.

Their company then augmented with the sum of N230 million, bringing the funds raised towards the organization’s coronavirus response effort to a grand total of N305 million.

Part of this fund was used to set up the Verve Food Bank Initiative through which raw foodstuff were provided for this vulnerable group and the security officers who are working in the frontline to keep lives and property safe, especially in the wake of the recent security threats from hunger-induced riots and protests in some areas.

Since the company may not be able to reach out to everyone within these vulnerable groups, it decided to adopt its immediate community as the major beneficiary of its relief packages. After all, like the old saying goes: “Charity begins From home”.

So, Interswitch, in partnership with the Lagos State Feeding Program (Eti-Osa Local Government Area) and the Young President Organisation (YPO), set up four Verve Food Banks and provided raw material food items for the vulnerable women, children and families, in their immediate community in Eti-Osa Local Government Area, as well as, for the families of some security and police officers.

The Verve Food Bank event held on May 1, 2020., at the following four locations: Oko-Awo, being Interswitch’s immediate community where the company’s headquarters is located Oniru, Onikan and the Bar Beach Police Barracks. The Local Government officials, along with the traditional rulers and community leaders helped in identifying the target beneficiaries.

In the Oko-Awo community, the Verve Food Bank catered to the families, artisans and security guards who are keeping lives and property safe within the vicinity.

For the Oniru community, the attention was on the less privileged and indigent families within the community. While the Onikan Verve Food Bank catered to the artisans and menial workers within the Onikan axis, the families of the officers at the Bar Beach Police Barracks formed the last group of beneficiaries.

On the symbolic occasion of the commemoration of this year’s Workers Day, Interswitch staff demonstrated a commendable sense of community. They reached out to the “seemingly” excluded groups within their immediate environment, pulling them in to let them know they that they are not alone, assuring them that we are getting through together.

The initiative also served as an opportunity to thank the people for staying home to help keep the Covid-19 curve flat, as well as to appreciate the security officers for the risk and sacrifices they are making to ensure the peace and safety of the citizens.

Interswitch Group, along with its employees, has again shown that there is no better time to be our neighbour’s keeper, than now. They have again set a pace, worthy of emulation, and inspired others to extend little acts of kindness to those among us who have little or no means of survival, especially in these trying times.


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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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