News
ICPC Beams Searchlight on Personal Bank Accounts

Independent Corrupt Practices and Other Related Offences Commission (ICPC) , has intensified surveillance on financial transactions of Nigerians in its fight against corruption, according to Mr Ekpo Nta, chairman of the commission.
Part of the surveillance measure would include close monitoring of the bank accounts and transactions of suspects, as well as keeping tabs on their telephone call log.
Nta said that the measure would go a long way in reducing time spent on investigation, as well as in curbing the penchant for corruption by Nigerian politicians, government officials and businessmen.
According to Nta, the renewed surveillance on financial transactions of persons doing business in the country would take the war against corruption to the doorsteps of suspects. He said the measure would not only reduce the time it takes to conclude investigation on suspects, but also increase the chances of their conviction.
“We have cut down investigation time, because we have insisted on doing more of surveillance before striking, so as to reduce time spent on trying to get answers from a suspect.
“With this approach, admission level to corrupt practises is higher, because what we now do is to present to the suspect the evidence we have already discovered,” he said.
Nta revealed that the Asset Tracing and Monitoring Unit of the commission had been enhanced to ensure that the commission’s power on assets’ seizure was exercised. He said persons convicted of corruption would not be allowed to enjoy their stolen wealth after serving their jail terms.
“To every investigation that we do, there is an element of assets tracing and monitoring, because my attitude is that we cannot stop corruption if we do not seize the proceeds of crimes.
“Somebody takes money and builds a house, gets arrested and spends three months in jail or a fine in the alternative and goes back and enjoys the property.
“My new approach is that, since the money cannot be retrieved, I can trace it to the house built, to ensure that the person has no right to enjoy the facility,” the ICPC boss said.
Nta revealed that the commission had since the inception of its present administration ensured that matters involving economic and financial crimes were moved to the EFCC, to avoid the duplication of duties.
The ICPC chairman, who said that cases that are basically administrative in nature are referred to the Code of Conduct Bureau and the Public Complaints Commission, added that the commission had published a law report on cases handled by the commission.
This, he said, would enlighten the public on the difference between corruption and non-corruption cases. He said the report is to assist judges in their decisions and rulings, adding that the idea is also to address challenges of sending petitions outside the mandate of the commission.
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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