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Houston, Texas gears up for Fidelity bank’s FITCC Trado expo

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All is now set for the Fidelity International Trade and Creative Connect (FITCC) billed for Houston, Texas in the United States of America.

Labeled as FITCC Houston, the second edition of the international expo will take place from the 24th to 25th of October, 2023 at the plush George R. Brown Convention Center, 1001 Avenida de las Americas.

Following the successful maiden edition that held last November in London with over $200million worth of deals closed, the bank is set for another edition of the globally rated expo. This year’s edition follows the tradition of promoting Nigeria’s non-oil exports as well as facilitating integrations to global supply-chain networks.

“Fidelity Bank is very much invested in supporting export trade and has consistently demonstrated this by the interventions and innovations that we bring to the space,” Managing Director/Chief Executive Officer, Fidelity Bank Plc, Nneka Onyeali-Ikpe talks up the motivation behind FITCC 2023:

“Beyond the instrument of financing, some of our key interventions in the space revolve around business management capacity development with initiatives like the Export Management Programme (EMP) which we host in partnership with the Lagos Business School and the Nigerian Export Promotion Council (NEPC) and market access development initiatives like FITCC.”

Over the course of two-days, guests would be exposed to exhibitions by some of the very best of Nigerian businesses operating in the commodities, agriculture, FINTECH, fashion, arts, and allied sectors. Similarly, several panel discussions would hold across the various halls at the venue as stakeholders and leaders in the business, regulatory and investment sectors of the US and Nigerian economies share ideas on bilateral trade opportunities.

FITCC Houston would climax with a gala dinner on Wednesday, 25 October 2023 which would feature award-winning Nigerian hip-hop star, Kcee amongst other entertainers. Registration for this event is still open at www.fitccusa.com.

Ranked as one of the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank with over 8 million customers serviced across its 251 business offices in Nigeria and the United Kingdom as well as on digital banking channels.

The bank was recognized as the Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards. The bank has also won awards for the “Fastest Growing Bank” and “MSME & Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

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Turaki-led PDP wins as Court of Appeal affirms Wole Oluyede as duly nominated candidate for Ekiti

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Dr. Wole Oluyede has been affirmed as the duly nominated candidate of the Peoples Democratic Party, PDP, for the Ekiti State governorship election.

The Court of Appeal, Akure Division, made the affirmation in a landmark judgment, thereby giving validity of the Peoples Democratic Party (PDP) primary election for the same.

In a unanimous decision, the three-man appellate panel led by Hon. Justice Peter Chudi Obiorah, alongside Hon. Justice Jane Esienanwan Inyang and Hon. Justice Peter O. Affen, set aside the earlier judgment of the Federal High Court, Ado-Ekiti.

The justices held that the primary election conducted by the Kabiru Tanimu Turaki-led National Working Committee (NWC) was valid, transparent, and complied with the party’s constitution and the Electoral Act.

On the 13th of January, 2026, the Federal High Court, Ado-Ekiti nullified the Ekiti State Governorship primary election conducted on the 8th and 9th November, 2025.

Dissatisfied with the judgment, the Party appealed to the Court of Appeal and today, the Court of Appeal allowed the appeal and set aside the judgment of the Federal High Court..

The Court further held that the primary election was duly conducted.

This judgment effectively puts to rest the leadership and candidacy disputes that have shadowed the party’s preparations for the 2026 Ekiti State Governorship Election. By upholding the Turaki-led process, the Court has provided the necessary legal finality to ensure the PDP enters the general election as a unified front.

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India slaps Nigeria, rejects Tinubu’s ambassador-designate

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India and some other countries have reportedly  declined to accept some of President Bola Tinubu’s recently posted ambassadors-designate due to diplomatic policies that discourage receiving envoys from administrations with less than two years remaining in office.

According to reports in the media, India, where career diplomat Ambassador Muhammad Dahiru has been designated to serve, maintains a standing policy against accepting ambassadors from governments with tenures of less than two years remaining.

India is exercising its discretionary powers to turn down the Ministry of Foreign Affairs’ request to accept Dahiru’s posting.

According to sources quoted by the report, the Federal Government was already receiving signals from New Delhi and possibly other capitals about their reluctance to grant agrément.

Agrément is the formal approval given by a receiving country to accept a diplomat designated by the sending country, and it is a prerequisite before an ambassador can assume duty.

“They don’t accept an ambassador from an administration that has less than two years in office. So they are giving us that body language already,” a Presidency official was quoted to have said

The source continued, “Some countries are reluctant to accept some people, not because of the individuals but because of time. They are already seeing the Tinubu government as an outgoing government.

“So their concern is that he has just one year left, so what if he doesn’t win the election? Another government may come and remove them. We also understand that some countries have this policy. Any ambassador from an administration that has less than a year or two in office will not get accepted. And one of such countries is India.”

 

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Belonging to two political parties to attract imprisonment

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The House of Representatives on Wednesday amended Section 77 of the recently assented Electoral Act 2026 to prescribe two-year jail term or N10 million fines or both, for anyone who knowingly maintains membership of two political parties at the same time.

Lawmakers during the committee of the whole presided by Deputy Speaker Benjamin Okezie Kalu, made amendment to section 77 of the 2026 Act by inserting three new clauses 8, 9 and 10 which were considered and approved by lawmakers after a heated session of back and forth debates.

According to the new clauses approved by lawmakers, any party member found to be registered as member of more than one political party at the same time will have his or membership of the said parties voided.

Clause (8) of the approved amendment stipulates that “A person shall not be registered as a member of more than one political party at the same time.”

Clause (9) stipulates that “Where it is established that a person is registered as a member of more than one political at the same time, such dual membership shall be void, and the person shall cease to be recognised as a valid member of any political party pending regularisation in accordance with the provisions of this Act and the constitution of the political party concerned.

Clause (10) stipulates that “A person who knowingly registers or maintains membership in more than one political party at the same time commits an offence is liable on conviction to a fine of N10,000,000 or to imprisonment for a term of two years, or both.”

 

 

 

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