News
Lagos Harps on Leveraging Digitalization to Enhance Productivity

The Lagos State Government has urged Nigerians to leverage on technology whilst carrying out their activities in order to enhance productivity.
Dr. Obafemi Hamzat, the Deputy Governor of Lagos State, stated this during the Junior Chamber International (JCI), Nigeria, Global Digital Economy Summit (GDES) themed; “Digital Transformation: Defining our Success Pillars,” held in Lagos.
Represented by the Commissioner, Ministry of Finance, Lagos State, Dr. Rabiu Olowo, he acknowledged that there was a digital transformation going on in the world currently of which any society that is interested in a sustainable developing economy must embrace technology whilst carrying out its operations.
Hamzat maintained that due to the devastating effect of the Covid-19 pandemic the world had to adopt a new technique of functioning thereby depending more on technology driven solutions to sustain and upscale its activities both at home and at places of work.
He noted that: “The importance of technology towards driving sustainable economic growth can never be over emphasized going by the transformation it has brought to the way we live and carry out our business activities.
“We have seen global economic transactions go from manual to digitalized platforms due to the introduction and infusion of innovative Information technology skills and solutions.”
He further explained that the Nigerian digital economy diagnostic report identifies key challenges and opportunities of leveraging digital economy for a diversified and sustained growth as it provides an assessment on the state of the nation’s digital economy.
“It has been stated that for Nigeria to reap the benefits of a digital economy efforts must be geared towards accelerating improvements in five fundamental pillars of the digital economy which are; digital infrastructure, digital platforms, digital financial services, digital entrepreneurship and digital skills,” he added.
On his part, National President Junior Chamber International, Nigeria, Olawale Bakare said, “everything we do today is driven by technology so it is important to be able to see how we can best leverage on it in order to get optimized results for the benefit of our nation.
“In regards to harnessing and leveraging technology every individual needs to skill up because the problem now is not the lack of jobs rather it is the lack of huge skill gap in the digital economy space. Even if you are not looking to start a career in the technology industry, today every sector utilizes digital platforms and solutions in order to operate, thereby creating the need for everyone to skill up.”
News
UK Minister for Africa Visits Nigeria to Deepen Strategic Partnership

The United Kingdom’s Minister for Africa, Lord Collins of Highbury, has concluded a three-day visit to Nigeria, aimed at reinforcing the UK-Nigeria Strategic Partnership.
He reaffirmed the UK Government’s strong commitment to deepening trade and investment ties between the United Kingdom and Nigeria.
During his visit, Lord Collins met with senior Nigerian government officials, business leaders, civil society representatives and United Nations agencies.
These engagements underlined the UK’s long-term drive to support Nigeria’s prosperity and stability while deepening bilateral cooperation for transformative growth across our shared priorities.
A key highlight of the visit was Lord Collin’s bilateral meeting with Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, in which both parties reaffirmed their unwavering commitment to strengthening economic ties and promoting regional security. The Minister was joined by the UK’s Trade Envoy to Nigeria, Florence Eshalomi MP.
Lord Collins also met with Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, and discussions focused on opportunities to strengthen engagement between UK’s parliament and Nigeria’s National Assembly and the importance of furthering women’s participation in politics.
Speaking on his visit, the UK Government’s Minister for Africa, Lord Collins said: “Nigeria and the UK share a rich, ambitious relationship: one that is deeply rooted in respect.
“Our Strategic Partnership is at the forefront of this, and my visit has focused on how our countries can continue deepening our cooperation on key issues such as trade and investment to drive economic growth and deliver prosperity for us all.”
The Minister held discussions with United Nations representatives on the ongoing reform of the UN system, its implications for Nigeria and how the reform can effectively support those most in need, particularly in Northeast Nigeria, whilst also contributing to global humanitarian efforts.
Lord Collins also met with civil society leaders to discuss electoral integrity and governance reforms, reinforcing the UK’s commitment to democratic values and community empowerment.
He later visited Nigeria’s Anti-Kidnap Fusion Cell: a key security initiative supported by UK expertise through the National Crime Agency and the Integrated Security Fund, which plays a vital role in enhancing local safety and combating serious crime.
Also commenting on the visit, the British High Commissioner to Nigeria, Dr Richard Montgomery, said: “Driving growth is central to the UK’s foreign and development policy. Lord Collins’ visit to Nigeria underscores the UK’s unwavering commitment to deepening our shared prosperity through expanded trade and investment. We are proud to stand alongside Nigeria as it forges a resilient and dynamic economy.”
This visit underscores the UK’s enduring partnership with Nigeria – built on mutual respect, shared goals, and a vision for a prosperous future for both nations.
News
PalmPay Launches CSR Initiatives to Empower Women, Foster Financial Literacy in Northern Nigeria

In a strategic move to expand financial inclusion in Nigeria, leading mobile banking platform, PalmPay has launched a series of CSR programs across Kano and Kaduna. The CSR initiative named “Passing the Baton” represents the brand’s commitment to passing on knowledge and providing the resources individuals and businesses need to achieve financial independence and drive economic empowerment.
This initiative is a bold move by PalmPay to bridge the opportunity gap in the North by providing financial literacy training and micro-business branding support to 5,000 women-owned businesses in Kano and Kaduna. This strategic initiative reaffirms PalmPay’s commitment to inclusive development and economic empowerment, particularly in underserved regions.
“At PalmPay, we believe that real financial inclusion must be far reaching and cover the grassroots,” said Chika Nwosu, Managing Director of PalmPay. “Our new CSR program is focused on supporting gender equity by equipping women with the knowledge, tools, and visibility they need to thrive as entrepreneurs in their communities.”
Through this initiative, beneficiaries will receive free health insurance, hands-on training workshops, enhanced store branding to boost visibility, and branded merchandise to strengthen their business presence.
The initiative is part of PalmPay’s broader strategy to extend its innovative solutions, expand its footprint in Northern Nigeria, while building sustainable partnerships with local stakeholders for long-term impact.
In a show of support, His Royal Highness, the Emir of Kano, Dr. Muhammadu Sanusi II, has endorsed the initiative, calling on other stakeholders to join forces with PalmPay in ensuring the North benefits fully from the growing digital economy. PalmPay has received commendation from community stakeholders, as the initiative aims to serve as a model for similar projects across other northern states.
As PalmPay continues to scale across Nigeria, the company remains committed to bridging the financial inclusion gap and empowering underserved groups, particularly women and youth, through its innovative solutions and impact initiatives.
News
EFCC Witness Admits Writing Off Arik Air’s $2.3M Debt Amid N76Bn Fraud Trial


- E-Financial3 days ago
SEC Alerts Public on Silverkuun, Trending Dubious Investment Schemes
- Telecom3 days ago
Glo, Huawei, Communications Ministry Bring Digital Services to Abuja Village
- General News3 days ago
Tripoint Travels Hosts Pre-GEC Brunch for Nigerian Delegates Ahead of Global Entrepreneurship Congress 2025
- News3 days ago
PalmPay Launches CSR Initiatives to Empower Women, Foster Financial Literacy in Northern Nigeria
- E-Financial3 days ago
Africa Cross-border Payments Set to Hit $1 trillion by 2035
- Telecom3 days ago
Experts @ ABoICT 2025 Warn of Digital Disaster Risks in Nigeria Without AI Governance
- E-Financial3 days ago
SANEF, CIBN Partner to Expand Agency Banking Certification
- General News2 days ago
Uche Uzoebo, SANEF CEO Makes Case for More Financial Inclusion Strategies Targeting Women