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Winners Emerge at ARM’s DAAYTA 2020 Edition

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The finalists pitch event for the 2020 edition of the Deji Alli Young Talent Award (DAAYTA) programme held on March 6th, 2020 at Four Points by Sheraton, Lagos with Eferobosa Oguegbu of The Paper Packaging Company emerging winner to claim the N12 million grant.

DAAYTA 2020 focused on identifying start-ups with a minimum viable product (MVP) and at least one customer.

Having received about 425 applications from start-up entrepreneurs and following a rigorous review process, the top 6 contestants were chosen.

These six presented their pitches at the event in a bid to win the grant of N12 million – an amount that is earmarked to assist the winner to grow his/her business idea and make a sustainable social impact in the community.

The Deji Alli Young Talent Award (DAAYTA) programme is a youth awards initiative founded in 2015 by ARM in honour of its founding CEO Deji Alli.

The goal of the award is to provide support to young entrepreneurs with smart and innovative ideas that have a positive impact on people’s lives and the communities that surround them.

The top 6 finalists in their order of winning at the DAAYTA 2020 were; Eferobosa Oguegbu with her idea of The Paper Packaging Company a biodegradable paper-based alternative that is friendly to the environment; Emmanuel Ezenwere whose business idea Arone focuses on revolutionizing courier in Africa by providing a faster, cheaper and more eco-friendly delivery solution using autonomous drones;Chidi Nwaogu of Publiseer which assists independent African creatives distribute their creative works on over 400 digital stores worldwide, and they receive their royalties via African tailored payment methods, which are convenient; Debo Odulana with Doctoora e-Health Limited – a platform that aggregates underutilized capacity in existing medical facilities so that healthcare professionals can rent to attend to patients; Bright Williams of Neohaul Technologies – a company that provides an AI-powered IoT device that can be attached to trucks to figure out realtime job status/irregularities using AI algorithms. Ahamefula Uzoma with Livekampus Technologies – a platform that provides students with details on accommodation vacancies off-campus. It allows schools to gather off-campus housing data in real-time and provides valuable insights for stakeholders looking to explore the student housing market for investments.

Speaking about the event, Jumoke Ogundare, CEO of ARM said “I’m glad to say that the event went successfully as envisaged and I say big congratulations to the winner Eferobosa Oguegbu of The Paper Packaging Company and all runner ups.

“It is our belief that they all have what it takes to make a sustainable impact in their communities, and we can’t wait to start recording success stories as we have with the past winners of DAAYTA since its pilot edition in 2015.

“I also appreciate the entire team; sponsor and partners who have supported this initiative to enable us to achieve the aim of enabling young entrepreneurs with innovative ideas change the narrative in their various communities.”

The team of judges who delivered the sound judgment were: Dr. Ndidi Nnoli-Edozien – an Angel investor who has dedicated a major part of her life to building bridges between large businesses and entrepreneurs, helping thousands of people at the bottom of the economic pyramid (BOP) in Nigeria live better lives; Eric Idiahi, a Co-founder and Partner of Verod Capital Management Limited, a private equity firm with over $300M under management focused on making investments in West Africa; Kola Aina, founding Partner at Ventures Platform, an avid angel investor and mentor to start-up founders; Mitchell Elegbe, founder of Interswitch; Sadiq Mohammed, Deputy Group CEO of ARM Group;Folashade Olusanya, a Partner at Jackson, Etta & Edu and Victor Asemota, the Africa Partner for Alta Global Ventures, a US-based venture capital company.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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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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