First Lady of Oyo State in Nigeria Comes to Houston for Corporate Summit

Her Excellency, the First Lady of Oyo State, Nigeria, Engr. Tamunominini Olufunke Makinde will be in Houston when the city hosts the momentous Fidelity International Trade & Creative Connect summit in October. The summit will bring together global leaders, business tycoons, and government officials to foster global partnerships and discuss opportunities for economic growth and cooperation. The summit hosted by Fidelity Bank Nigeria, is scheduled to take place on October 24-25, 2023, at the George...

Fidelity Bank launches first-of-its-kind International Trade and Creative Fair in Houston

The world is coming to Houston, and it’s not for the Offshore Technology Conference! Houston’s Mayor, Sylvester Turner (left), MD and CEO of the Fidelity Bank, Mrs. Nneka Onyeali-Ikpe.  Photo by Texas International Guardian The Offshore Technology Conference (OTC) is usually one of the major conferences that shake up the city with a convention of international business gurus. The OTC comprises a series of conferences and exhibitions hyping technologies relevant to developing offshore energy resources,...

NBC ups prices of Coca-Cola, Sprite, and other products in FCT, other states

Nigerian Bottling Company, NBC, makers of Coca-Cola or Coke, and Schweppes, among others, has increased the prices of its products in the North Central region of the country. Chris Christodaulakis, the sales director of NBC, disclosed, via a statement, that the new prices will take effect from August 26, 2023. According to the statement seen by The West African Pilot News, the price of a crate of bottled 35cl of Coke, Fanta, Sprite and Schweppes...

US based Nigerians launch App to bring together free online market experience

A group of Nigerians in the United States have launched an App aimed at bringing together online users to a single market place experience. The newly debuted app was launched in Los Angeles, the United States, and the app is expense free, free-to-use e-commerce platform, iChota app, would ensure maximum profitability and cost savings for sellers and buyers. A statement by iChota LLC representative, Brendan Oluoha, said that the platform provides buyers and sellers with...

GlaxoSmithKline shuts down operations in Nigeria

GlaxoSmithKline, GSK, a British multinational pharmaceutical and biotechnology company, has made known its plan to cease operations in Nigeria. A statement by GSK Consumer Nigeria Plc, the Nigerian subsidiary of the company, on Thursday, said that the company’s pharmaceutical products will be distributed by third-party agents across the country. “In our published Q2 results we disclosed that the GSK UK Group has informed GlaxoSmithKline Consumer Nigeria PLC of its strategic intent to cease commercialization of...

Price of Star, Life, other products by Nigerian Breweries to skyrocket

Starting from August 10, 2023, there will be an upswing in the price of some Nigerian Breweries’, NB, products. NB announced the upward price review of its products via a memo to customers by the company’s sales director, Ayo Lawal on Tuesday, August 1. Lawal explained that the review has become necessary because of “continued rising input cost and the need to mitigate the impact.” The NB is the producer of major alcoholic products like...

Naira to fall as low as N1,018/$1 – Economists

The European Intelligent Unit, EIU, has predicted that the Nigerian currency, the naira will exchange for N1,018 to US$1 in 2027. This is due to high and rising inflation, the economist group stated in its latest report. According to the EIU, in 2024, the exchange rate will be N815 to US$1 and it will slide to N1,018 to US$1 by the end of 2027. The rate in the black market over the period, EIU says,...

Opay unveils new logo to celebrate fifth anniversary

OPay Nigeria, a leading digital fintech company, has officially rebranded and unveiled a new logo to mark its fifth year anniversary in the Nigerian market. The new logo, an “O” loop with a square element, was unveiled on Wednesday across the company’s social media pages. Check out our new Logo. Welcome to the new Era #OPayBeyondBanking #OPayNewLogo pic.twitter.com/OxTXUff5NF — OPay (@OPay_NG) July 26, 2023 According to Nairametrics, the “O” loop represents OPay’s dedication to continuously...

Google partners with Verve for Nigerians to pay with naira on Play Store

To make digital transactions on Google Play Store easier and more accessible for Nigerians, Google says Nigerians can now make payments on the store using the local currency, the naira. This followed its partnership with Verve, the largest domestic card scheme in Africa, on Wednesday, aimed at strengthening the digital ecosystem in Nigeria. “We are thrilled to collaborate with Verve, expanding Google Play access for more Nigerians,” Anthea Crawford, the head of retail and payment...

Wema bank announces salary increment to motivate employees

…Urges others to prioritise staff wellbeing Wema Bank in a bid to cushion the effect of fuel subsidy has emphasised the need to prioritise employee’s wellbeing by increasing the staff salaries of the bank. According to the bank, the current economic realities, which have witnessed recent spikes in fuel, electricity, and other prices, require that employers prioritise the welfare of their workers. This was disclosed in a statement signed by its Divisional Head, People, Brand...

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