News
Path Solutions Maintains Top Position in IBSI SLT 2021 in a Winning World Record

Path Solutions has won the top position in two categories in the IBSI Sales League Table 2021 (IBSI SLT); Islamic – Universal Banking | Core, Data Warehouse & Business Intelligence.
Path Solutions re-affirmed TOP position for twelve consecutive years in the IBSI Islamic Sales League Table 2021 with its industry-leading AAOIFI-certified digital banking suite iMAL. The company has an established track record of product innovation.

It is a recognized global leader in financial software solutions for Islamic and conventional financial institutions, and this is further proven by its extensive market reach and continuously growing clientele base.
“Keeping an excellent winning record year after year at the IBSI SLT is a tremendous feat and clearly demonstrates the strength of our Islamic banking platform, our strong focus and deep understanding of the segment’s specificities, driven by a passion and commitment to add value to our clients.
We are very proud as well for topping the Data Warehouse & Business Intelligence category highlighting clearly the success of our Path Intelligence initiative that we launched a year ago.
During the pandemic and recent market volatility, our customer-centric solution has provided our clients with outstanding capabilities to help them transform into becoming analytically data-driven resulting in significant competitive advantages that assisted them to weather the storm”, commented Mohammed Kateeb, the Group Chairman & CEO of Path Solutions.
“Path Solutions strives to remain the first-choice Islamic software partner for financial institutions across the globe, and this year’s fantastic display of wins really reinforces that”, said Robin Amlôt, Managing Editor, IBS Intelligence.
“We are especially pleased to see Path Solutions reaping the benefits by leading the power of automation and digitalization to create new Sharia-compliant solutions to address the current needs of the burgeoning Islamic banking segment”.
It is also worth mentioning that Path Solutions positioned as a Competitive Player in the IBSI LeaderBoard – Universal Banking | Core for CY 2020 Deals, featured in the SLT Leadership Club 2021 among category leaders, and ranked second in Islamic Retail Lending category.
Despite the 2nd wave of COVID-19 around the world, IBSI SLT 2021 witnessed consistent participation by vendors as 60 vendors submitted their nominations.
Of the 2,073 deals evaluated, the qualified deals of SLT 2021 included 1,046 global deals (SLT 2020: 800+) and over 500 domestic deals (SLT 2020: 900+) across all SLT categories. New SLT categories introduced this year include Conversational Banking, Data Warehouse & Business Intelligence, and InsurTech.
In recognition of the fast-growing Islamic banking segment, IBSI SLT is expanding its Islamic SLT which lists the leading suppliers catering to this segment.
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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