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CWG Named WEF Global Growth Company

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L-R; Mr. Sunil Bharti, Founder and Chairman of Bharti Enterprises / Co-Chair, World Economic Forum on Africa 2014 and Mr. Austin Okere, Founder and Group Chief Executive Officer, CWG PLC at the SME Summit that held alongside World Economic Forum on Africa  (WEFA)in Abuja  recently.
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CWG Plc, the leading Pan African Systems Integration company has been selected as a World Economic Forum Global Growth Company.

CWG was selected for this recognition based on her phenomenal growth, global corporate citizenship, executive leadership and impact on the competitive landscape of the ICT industry in Africa.

According to David Aikman, managing director and head of the New Champions at the World Economic Forum, “When choosing entrants to our Community of Global Growth Companies, we assess companies on their business model, annual revenues and growth rates, executive leadership and market position. CWG Plc is a dynamic group with clear potential to shape the future in its relevant business sector and so is a perfect fit to our GGC community”.

This recognition, coming on the back of the recent listing of the company’s shares on the Nigerian Stock Exchange, and becoming the largest security in the ICT sector of the NSE, assures CWG a place in a vibrant community of the world’s most dynamic and influential companies.

It will be recalled that CWG recently released her financial results on the NSE, posting an impressive 81% year on year growth in profit after tax, while proposing a dividend payout of over N202million.

Commenting on the award, an elated Austin Okere, CWG chief executive officer & entrepreneur in residence at Columbia Business School, New York, said that his company has gone through tremendous transformation in business model since inception in 1992, and is now focusing on providing services in the Cloud on a subscription basis for her teeming customers; a project he tags CWG 2.0.

According to him “Statistics show that there are about 17.7m Micro, Small and Medium Enterprises (MSME) in Nigeria today. If we could help each of them to build sufficient capacity to employ one more person, we shall create 17.7million additional jobs, enough to absorb all the 16 million unemployed youths in Nigeria with a generous surplus to spare”.

Having launched three successful cloud products, Okere, who was a panelist on the SME Summit of the WEF Africa at Abuja alongside Sunil Bharti, founder & chairman Bharti Industries and Head of ICT, WEF USA, and Omobola Johnson, minister of Communication Technology expressed confidence that the model is sustainable, repeatable and scalable, and above all a social impact investment initiative directed towards empowering the African Entrepreneur.

The stellar performance of CWG has been rewarded by her peers and regulators with numerous awards including; ICT Solutions Provider of the year, ICT Company of the year, and the CEO named ICT Personality of the year for two consecutive years.


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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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