News
#CVExpo15 Focuses on Africa’s Biggest Technology Market

Technology users, mobile consumers, business professionals, the media, entertainment stars and other delegates, on Tuesday, converged on Lagos at the maiden Computer Village exhibition with focus on the Africa’s largest technology market.
Speakers at #CVExpo15 tagged #OtigbaRising and organized by the Technology Times, were unanimous in their views that players in the market must innovate to leverage the online space and remain relevant in the present era.
Mr. Godfrey Nwosu, president of The Phone and Allied Products Dealers Association (PAPDAN), said that statistics show that over 20 million phones are sold in the Computer Village, monthly.
He recalled that the present location of the market was a residential area until late 1999 or early 2000 when Internet technology became a household name in corporate Nigeria. Knowing that a major industry was about to spring forth, savvy businessmen took position in the most vantage location of Ikeja – Otigba Street to commence trading in IT equipments and devices.
By 2003 a year after GSM services were introduced to Nigeria, computer village had become a household name among Telecommunication users, especially small businesses and end users.
Nwosu, said that several business dynamics are currently impacting the market as it is losing grounds to other African markets.
According to him, to retain the relevance of the market which the National Bureau of Statistics said contributes about 2% to the national GDP, government ought to make deliberate policies to protect local investors and OEMs.
The PAPDAN President said the present foreign exchange impasse also has negative impact on the market comprising of mainly startup businesses.
Nodding in agreement, Mrs. Adenike Shittu, managing director and chief executive officer of Mojoy Computers, said that, before now Computer Village was a toast of other West African markets, but the evolution of online retailers has led to decline of patronage on the customers, couple with neglect by local authorities.
She called on e-commerce retailers to perceive Computer Village operators are credible partners in the computer and electronics distribution chain, hence they are ready to rebrand for better business operations.
But, Ojikutu Adeniyi, principal partner, Pacific Network Solutions Limited, said that solutions to Computer Village revolve around operators in the market creating values to lure customers.
Adeniyi argued that instead of seeking help from either the government or other market segments, operators at the market must embrace technology, close ranks among themselves to create tempo for trust and confidence among visitors.
“We need to embrace the internet. Today, Yudala is taking charge because we do not even have anything like Computervillage.com where people can search and obtain first-hand information about the market. How do we measure our successes and failures? The ultimate thing is to close ranks and maintain standards. By the time people visit computer village and are satisfied, they will try to visit again,” Adeniyi who is a CAPDAN presidential contestant said.
Earlier, Mr. Shina Badaru, chief executive officer of Technology Times, said that the exhibition was converged to showcase the Computer village (Lagos) Nigeria as the computers and computer accessories market with incredible potentials.
He said, “This is the biggest technology market in Africa where you can find a wide array of branded computers and cloned PCs here. The market is also host to a multitude of digital cameras and camera accessories, and mobile phones and accessories. This is market awash with computer technical gurus.
“As the largest technology market in Africa it is usually very busy and rowdy. But it differs greatly from other markets in that it is home to the major dealers of Mobile Phones and computers as well as their accessories. The market was never planned to be what it is so finding your way around it might be problematic if you are a first time visitor.
Interestingly, there is never a dull moment here and must remain relevant as a major contributor to employment generation and wealth creation haven. That is why we want to use these few days to showcase the products and abilities of the market people,” he said.
The three-day expo provides platform for thought leadership sessions with Ikeja Computer Village Business Leaders, among other lined up activities.
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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