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Odein Ajumogobia Joins Asseco Nigeria as Chairman

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Odein Ajumogobia, former Minister of Foreign Affairs and Minister of State of State Petroleum Resources
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Odein Ajumogobia, former Minister of Foreign Affairs and Minister of State of State Petroleum Resources, has joined the Board of Asseco Software Nigeria Ltd (“Asseco Nigeria”) as its Chairman.

Asseco Nigeria is a subsidiary Asseco Poland S.A., one of the leading and fastest growing European software companies.

The Asseco Group is listed on the Warsaw Stock Exchange, the New York and Tel Aviv Stock Exchange, employing about 20,000 people in over 40 countries, Nigeria being its hub for West Africa.

“I am delighted to represent Asseco Nigeria as its Chairman. Technology is the driving force of many sectors and its effective use in Nigeria will elevate the country economically. Asseco is focused on building a sustainable software business in Nigeria by developing local talent to provide advanced technology solutions much needed in both private and public sectors across the country. I believe that Asseco’s presence and growth in Nigeria will be a significant contribution to the drive for increased transparency, automation, security and economic development through the use of technology.”

Asseco has been present in Nigeria since 2013 and has invested in 2014 in forming Asseco Nigeria.

As such, Asseco is currently one of the largest Polish investors in Nigeria, focused on adding value locally in Nigeria.

 According to Simon Melchior, CEO Asseco Nigeria, “Asseco’s success around the world has led it to become the fastest growing of the Top 10 European software companies for the past 3 consecutive years. This has been due to its strategy of international expansion and empowering its subsidiaries to be add value locally.” To this end, Asseco Nigeria has focused on developing its local content by hiring a number of Nigerian software developers that are creating solutions specific for Nigerian entities.

“Asseco Nigeria has the mandate and ability to customize, develop and implement integrated software solutions and to provide local support from Nigeria to its customers. This strategy is quite different from other international companies present in the country”, Melchior added.

Asseco Nigeria’s areas of activity include Financial Services (banking, insurance and capital markets), Enterprises (power & utilities, telecommunications, fast moving consumer goods) and Public Administration (with a special focus on eGovernment, taxes, land use, health, social security and defense).

Of particular significance is the group’s track record of active participation in the automation of central and local government processes in Central & Eastern Europe, to make government more efficient and closer to its citizens as well as Asseco’s experience of providing complex software systems to Polish power distribution companies after the recent privatization of the Polish power sector.

Being the only Central & Eastern European company to have completed over 30 defence projects directly for the European Union and for NATO, Asseco also has proper credentials as well as facility and personnel clearances to provide advanced security solutions to the Nigerian Government.

 


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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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