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Economy

SUBSIDY IS AFFECTING OUR PRODUCTION – GM, DELMITA WATER

...SAYS 'BEING IN BUSINESS IS FOR SURVIVAL NOT MAXIMIZATION OF PROFIT' It was an unusually hot Monday afternoon as our correspondent walked into the warm embrace of the General Manager of Delmita Water in her classic, cozy office located at the heart of Ademola Street, southwest, Ikoyi. Without much ado, the conversation began with Mrs. Blessing Omolu Nnamuka, the GM, Delmita Water. In her brief introduction, she waxed philosophical and lyrical in this conversation with OKOSUN DENNIS. She revealed the effects of the subsidy on business and standing tall against...
Economy

FIDELITY BANK BOOSTS NIGERIA’S NON-OIL EXPORTS WITH FITCC HOUSTON

…SIGNS $40MILLION DEAL WITH AFREXIM BANK The much-anticipated second edition of the Fidelity International Trade and Creative Connect (FITCC) got off to a boisterous start on Tuesday, October 24, 2023, as leading financial institution -Fidelity Bank Plc -hosted a broad range of businesses, regulators, members of the diplomatic corps and other guests to the opening ceremony in Houston, Texas, United States of America. Tagged FITCC Houston, the two-day event is aimed at achieving several objectives including increasing the pipeline of Nigerian businesses that export into the US market, providing the...
Economy

MAYOR OF HOUSTON TEXAS ENDORSES FIDELITY BANK’S TRADE EXPO, FITCC

Fidelity Bank’s upcoming trade expo tagged, the Fidelity International Trade and Creative Connect (FITCC Houston), has received a major boost as the Mayor, City of Houston, Sylvester Turner, has termed it, “A catalyst to support bilateral trade between Nigeria and Houston; and an opportunity for the Houston community and the diaspora to explore emerging trends, forge new partnerships and unlock new possibilities”. This was made known in a video message recently issued by the mayor. In the one-minute clip obtained by our journalist, Mayor Turner highlighted the several side attractions...