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Huge Turn-out as Yudala Debuts “Gyming With The Stars”

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Nyanya and other super-stars mesmerising Yudala fans during outing on Saturday in Lagos.
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Thousands of Nigerians trooped to the National Stadium, Surulere on Saturday as Yudala, Nigeria’s first true composite online and offline retail chain, kicked off the debut edition of its Corporate Social Responsibility (CSR) initiative to promote Fitness, Wellness and Entrepreneurship among Nigerians.

Tagged Gyming with the Stars, the event also witnessed the unveiling of YUBOSS, an entrepreneurship scheme targeted at jobs and wealth creation for Nigerians in partnership with foremost financial institution, Access Bank Plc. and telecommunications giants, Airtel.

The well-attended event which kicked off by 7am witnessed work-out and light jogging sessions anchored by fitness instructors and ace comedian Ali Baba who doubled as compere and held the crowd spell-bound with his rib-cracking jokes.

In addition, A-list artistes Iyanya and Naeto C were on hand to add to the excitement, thrilling the crowd to several hit songs from their collections. 

The event also featured a wellness talk by a healthy living expert Miss Julie Nwosu, inspirational tips on wealth creation in the 21st Century through YUBOSS and auction sales on a wide range of genuine products from the biggest brands: Smart phones, Computers, Laptops, IT equipment, Consumer Electronics and Lifestyle goods, with bidding starting from over 90% off actual product prices.

Star products of the day were the Phillips Air Fryer and Smoothies, latest healthy lifestyle products from the brand.

The event is expected to move to other major cities in the country including Ibadan, Asaba, Abuja, Owerri, Uyo and Enugu, among others to give Nigerians in those locations a chance to participate in the initiative.

Expressing his delight at the unprecedented turn-out and instant acceptance of the YUBOSS scheme which had many participants signing up at the event, Mr. Dave Ibelegbu, chief executive officer, Yudala Nigeria, noted that the company is committed to empowering Nigerian youths to become the masters of their own destinies, while setting new standards for the retail business in Nigeria.

“Going by our bold entry into the market and unique business model – a fusion of online and offline retail – Yudala has raised the bar in terms of service and product delivery today.

“It is important to state here that we are here to stay. We are a corporate with a conscience, a clear road-map and a mandate to contribute to the growth of the Nigerian economy. This is why we have put together the YUBOSS scheme through which smart Nigerians such as undergraduates, postgraduate students, unemployed, under-employed, housewives and many others can earn money and be their own bosses with zero investment.

“We are looking at empowering a minimum of two million Nigerians through YUBOSS and these figures are certainly going to rise as we go along. Through Gyming with the Stars, we are also promoting fitness and wellness by giving Nigerians a chance to work out with some of their favourite celebrities in major cities across the country.”

Also speaking at the event, Mr. Victor Etiokwu‎, executive director, Personal Banking at Access Bank, who represented the Group MD, Mr. Herbert Wigwe disclosed the shared optimism and commitment of the bank in partnering with Yudala to make the YUBOSS scheme a success.

“From what I have witnessed today, two million may be too little a number that will join in ten next 12 months as the country is currently challenged with over 19 million unemployed and under-employed citizens. YUBOSS is certainly a great a platform as it offers wealth and skill.”

Toeing the same line, Mrs. Tawa Bolarin, director, Airtel Nigeria, who stood in for Mr. Segun Ogunsanya, chief executive officer/managing director, noted that the zero investment nature of YUBOSS resonates with Airtel’s tradition of offering Nigerians huge value for less, while urging more Nigerians to sign up for the scheme.

“YUBOSS is an initiative that we are proud to be associated with. This is an unprecedented way of creating wealth for millions of people. It is also in line with what we do at Airtel by offering Nigerians the cheapest tariffs and flexible packages with high speed data access on 3G network.

“Through this, YUBOSS members can remain connected to the information they require to achieve their targets and create wealth for themselves and their families,” she said.

YUBOSS is an entrepreneurship scheme set up by Yudala to build a league of emerging entrepreneurs and generate creative employment for millions of Nigerians.

Members are entitled to attractive commissions and a wide range of benefits including business mentorship sessions and an opportunity to be a part-owner of a Yudala franchise store when they achieve platinum status.


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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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