News
ValuCard Hopes & Dreams Winners Receive Prizes
ValuCard Nigeria Plc has redeemed prizes for the 2010 FIFA World Cup ‘ValuCard Hopes & Dreams promo’ in which five Visa Cardholders and five merchants had emerged winners.
The winners in the cardholder category are expected to travel to South Africa in an all expense paid trip to watch some of the different matches during the World Cup, while the merchants won N1m each for accepting Visa cards as means of payment at their shops and locations.
The event which held at the company’s Head office had in attendance the top management of the company, led by Mr. Kyari Bukar, managing director, ValuCard, Holly Jones a representative of Visa International, the winners with their partners, staff of E-business Departments of the winners’ issuing and acquiring banks.
The five lucky winners in the Cardholder category are Bashorun Ayodele (the only female among the winners), Ikenna Victor Odigboh, Akeem Alata, Oluwaseun Aboderin and Awverukeruwve Godwin who would be going to the World Cup event with their partners. Also winners on the Merchants category are Shoprite Supermarket and G.Ogisi, proprietor of Conoil Filing Station in Apapa received N2m and N1m respectively. Earlier two other merchants Mega Investments Ltd (Mega Plaza) and Cybercafe Restaurant received their prizes of N1m each.
During the draws, which held twice at the Company‘s corporate head office, the first draws produced two winners, Ikenna Odigboh and Akeem Alata both Zenith Bank Visa Cardholders who will watch the Nigeria/Argentina match, the last three winners; Bashorun Ayodele (Oceanic Bank Visa Cardholder), Oluwaseun Moyosore Aboderin (Access Bank Visa Cardholder) and Godwin (UBA Visa Cardholder) emerged in the final draws and will watch matches in the R16, quarter final and semi final stages of the competition respectively.
Speaking at the event, Mr. Kyari Bukar, Managing Director, ValuCard Nigeria Plc, said that the promo was in line with the partnership between Visa International and FIFA to project major event such as the World Cup in South Africa, adding that it was also to boost the use of cards as means of payments at merchant locations aimed at encouraging people to adopt card as a culture of payment. He noted that the winners were drawn from those that had used their Visa cards being processed by ValuCard Nigeria Plc for payments between the months of December 2009 and March 2010.
The lucky winners, who will be received by FIFA and Visa International officials in South Africa as VIPs to the event, are expected to spend four days and three nights and housed in four star international hotels, with a standby tour guide that will take them to places of interest.
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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