News
Paylink Sponsors UI SME Fair, Provides Digital Empowerment

Paylink, an e-commerce platform that empowers businesses to showcase their products and services online and get paid instantly, has partnered with the University of Ibadan (UI) to sponsor the premier institution’s Small and Medium-scale Enterprise Fair (UI SME Fair) which would hold at the International Conference Centre of the university on Thursday, November 12.

This disclosure was made recently when authorities of the university announced plans for the event which, among others, would foster a robust town-gown relationship between the university and the SME community.
The event also offers participating SMEs varied opportunities which include the discussion of specific business issues with SME coaches and mentors, interaction with business and product researchers as well as guidance on intellectual property protection.
Now in its second year, the UI SME Fair would further expose small and medium scale businesses to how they can better leverage digital platforms like Paylink to more easily expose their products to local and international markets, make it more convenient for customers to pay them through multiple channels, and help them better manage inventory, invoicing and revenue tracking.
“As an organisation committed to the development of the Nigerian economy, we are always ready to partner to help bring to fruition the dreams and aspirations of Nigerians, especially millions of SMEs spread across the country. This is evident in our previous partnerships with organisers of similar SME-focused initiatives like Lagos SME Bootcamp and the Social Media Week Lagos,” said David Okeme, division head, Vertical Markets and Payment Applications at SystemSpecs, providers of Paylink.
“It is for this reason we are glad to collaborate with the University of Ibadan on the hosting of the SME Fair especially at a time like this that the national economy needs to be rebuilt and accelerated following the slowdown occasioned by the COVID-19 pandemic,” Okeme added.
Themed “Co-create the Future”, the 2020 edition of the UI SME Fair follows the inaugural edition last year which featured hundreds of SME owners and managers, researchers, representatives of Manufacturers Association of Nigeria, financial institutions, Industrial Trust Fund and government. The event’s keynote will be delivered by Kayode Pitan, managing director of Nigeria’s Bank of Industry (BoI).
According to a statement signed by Professor Olanike K. Adeyemo, university’s Deputy Vice Chancellor responsible for research, innovation and strategic partnerships, the event would “showcase SMEs in order to inspire research direction/focus of the University Community” and also “establish a web-based platform (UISME-HUB) to moderate the collaborative network between the SMEs and the University of Ibadan.”
While participation is free, SMEs interested in attending and showcasing their product and service offerings at the fair can register via the website for the organisers, sme.ui.edu.ng.
The 2020 UI SME Fair would be streamed live on Paylink’s Instagram account, PaylinkNG, as part of SystemSpecs’ support for SME capacity development and digital empowerment.
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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