News
Minister Inaugurates Technology Orientation Centre In FCT

Dr Ogbonnaya Onu, the Minister of Science and Technology, says science and technology is the key that will enable Nigerians to become the true masters of their own destinies.
Onu said this on Tuesday during the inauguration of the Technology Orientation Centre (TOC) built by the National Agency for Science and Engineering Infrastructure (NASENI) in Abuja.
He said that “no country has ever become truly great without science and technology”.
He said the building of the centre showed that science, technology and innovation could drive Nigeria’s search for a new beginning.
“It shows that when challenged, Nigerians can break new frontiers and create new opportunities that will move Nigeria away from a resource-based to a knowledge-based and innovation-driven economy,” he said.
“I believe that if we pay greater attention to innovation and vigorously pursue the conversion of research findings into viable goods and services, we can recreate the middle class, strengthen the Naira and secure a better future for ourselves and generations yet unborn,” he said.
The minister said the centre would help the entrepreneurs, researchers and innovators gain greater access to the necessary processes that would fast track the commercialisation of inventions using indigenous technologies.
“This will help create jobs, create wealth, reduce poverty and stimulate growth in the economy.
“This will enable us develop the skilled human resources that will stimulate research and development as well as drive the new National Science, Technology and Innovation Roadmap (2017 to 2030) necessary to help diversify the Nigerian economy for sustainable growth,” he added.
The Executive Vice Chairman of NASENI, Prof. Mohammed Haruna, said that the centre, which was conceived in 2013, was built at with over N354 million.
According to him, the TOC houses 700 collapsible seat capacity multipurpose auditorium, multimedia facility, exhibition hall, virtual reality workstation, offices, car park, among others.
He described the centre as a national resource to serve as a hub for gathering, displaying and assessment of the brightest of minds, innovation and products specifically from new and emerging technologies.
Haruna said it would also determine their relevance to the economy and design a path to adopt and infuse them into the economy.
He said the centre was dedicated to providing budding entrepreneurs, academics, researchers and investors with enabling environment for interactions, design, application and exhibition of advanced manufacturing technologies with their accompanying products and services.
“To us, it is a meeting point between arts, creativity, science, engineering, technology, innovation and prosperity,” Haruna said.
The Chairman, Senate Committee on Science and Technology, Sen. Robert Boroffice, commended NASENI for the feat.
Boroffice, who assured the agency of the National Assembly’s support, said if the country failed to fund science, technology and innovation adequately, “we are going nowhere”.
“We are good at consuming and not producing. Therefore, it is high time we put in place both intellectual and physical infrastructure to produce locally,” Boroffice said.
The Minister of Communications, Mr Adebayo Shittu, described science, technology and communications as Siamese twins that rely on each other.
Shittu said though NASENI had remained relatively silence on its achievements over the years, he was impressed by the quality of its products.
He urged the agency to ensure that it integrated local innovators and inventors in its system toward adding values to the laudable effort.
“I also want to challenge you because during the civil war, we had so many innovators in the east and it looks like after the war they were forgotten.
“I think NASENI needs to look for these great minds that can add values to what the agency is doing,” Shittu charged.
The minister, who expressed regrets that common tooth picks were still being imported into the country, said: “these are things that ordinarily should be produced locally”.
“Mr President has given charge that we should produce whatever we consume.
“I commend the government of President Muhammadu Buhari for drastically reducing the percentage of rice and fertilisers imported into the country to just 10 per cent,” he said.
He, however, urged NASENI to ensure that basic items consumed in the country were produced locally.
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.
E-Financial2 days agoCBN Orders Banks, Fintechs to Host Payment Data Locally
E-Business2 days agoGalaxy Backbone @ 20, Pledges Nationwide Connectivity, Data Sovereignty
E-Financial2 days agoAnalysts Warn of Growing “Crowded Trade” in Foreign Exchange Markets
Telecom1 day agoMTN Foundation Commits N32Bn in Projects across Nigeria
Telecom2 days agoNigeria Innovation Summit 2026 Set to Convene West Africa’s Brightest Minds to Shape the Future of Innovation
E-Financial2 days agoACAMB Kicks-off 30th Anniversary Celebration With Tree Planting Initiative
News2 days agoPalmPay Joins Industry Leaders @ Digital Pay Expo 2026
Telecom2 days agoUK Bans TikTok, Instagram, Facebook for Under-16s in Landmark Crackdown



















