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LG Electronics Launches Artcool Dual Inverter AC in Nigeria

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Consumer electronics company, LG Electronics (LG) is set to impress the residential air conditioner market with the launch of its new Artcool Dual Inverter AC equipped with the Genmode function, which makes it possible for the AC to work on small Generators (12kBtu; 0.9kVA, 18kBtu; 1.5kVA). During the use of the Air Conditioner with PHCN, irregular supply of power or low voltage does not affect the normal functioning of the AC with its inbuilt voltcare function.

LG’s Dual inverter compressor technology enables the Artcool to operate at a pleasantly low noise level, enabling users to relax or rest comfortably without the distracting hum of the air conditioner. Meanwhile, the durability and reliability of the compressor are guaranteed under its 10-year warranty.

Speaking at the product unveiling event in Lagos, Mr Hari Elluru, Head of Corporate Marketing, LG Electronics, West Africa Operations, said LG is eager to introduce its new Artcool Dual Inverter AC to the residential air conditioner market to further enrich the lives of its customers.

“The new Artcool Mirror black embodies beauty, power, and performance while functioning as the centrepiece to any stylish, modern living room.

“The ultra-sleek black mirror and frame add an extra touch of elegance to its already stunning appearance, making it ideal for premium style homes. The eye-catching aesthetic design of the appliance is sure to attract attention just as its convenient features are guaranteed to enhance usability”, he said.

Commenting on the 70% energy saving and 40% fast cooling feature of the new product, Elluru said the “Inverter Compressor constantly adjusts a compressor’s speed to maintain desired temperature levels. Moreover, Dual Inverter Compressor with power saving operation range frequency saves more energy than the conventional compressor. Thanks to the Dual Inverter Compressor, the air is expelled farther and faster”.

He added that LG air conditioners are designed for easier and more efficient installation, regardless of the surroundings and the number of persons involved in the installation process. By reducing the manpower and time required for installation, it is now possible to install more air conditioners at more homes in a shorter period of time.

LG’s Artcool incorporates an Ionizer feature, which releases up to three million ions that bond with harmful particles to effectively sterilize them and neutralize odours at the same time.

The strong airflow it generates with the help of the 4-Way Swing feature evenly distributes large volumes of airflow. This subsequently creates a consistent temperature throughout the entire room, the air reaching every corner and crevice.

Embedded with advanced Wi-Fi technology, LG’s SmartThinQ application allows users to easily control the appliance from both inside and outside the home. The intelligent application gives household members various personalized options, allowing them to choose and save their preferred air conditioning temperatures.

SmartThinQ connectivity also allows users to turn the air conditioner off as they’re heading out, especially convenient for those in a hurry.

In addition, the Artcool features a Smart Diagnosis function for easy and quick troubleshooting. Smart Diagnosis delivers notifications and support for a wide range of technical issues via smartphone.


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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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