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Polaris Bank Hosts Global Trade Forum to Boost Non-oil Sector

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Polaris Bank

Polaris Bank hosts Global Trade Forum, tackling trade challenges and boosting growth in Nigeria’s non-oil export sector with innovative solutions

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Polaris Bank organised the Global Trade Forum to strengthen Nigeria’s non-oil sector by addressing trade challenges and driving innovative business solutions.

Also read: Lagos SMEs Export Readiness Programme Empowers Businesses for Global Trade

The event, themed ‘Trade Export: Partnering for Growth,’ brought together exporters, regulators, business leaders, and Nigerian Customs officials

It provided a powerful platform for dialogue on trade finance, export readiness, compliance, and digital tools that simplify cross-border transactions.

Managing Director Kayode Lawal highlighted trade as a critical catalyst for sustainable economic growth.

He emphasised Polaris Bank’s role as more than just a financial institution but as a committed partner supporting long-term value creation for its clients.

Assistant Comptroller of Customs Aondona Fanyama demonstrated the Nigeria Trade Portal and B’Odogwu platform, showcasing how these tools enhance transparency, efficiency, and speed in exports and imports.

His commitment to resolving user challenges reflected a collaborative approach between Customs and the private sector.

Also read: Wale Tinubu to Lead a session at Intra-African Trade Fair in Algiers

Senior executives Chris Ofikulu and Abimbola Ozomah reinforced Polaris Bank’s dedication to driving growth across Nigeria’s trade ecosystem, making the forum a crucial step in expanding the country’s non-oil export potential.

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NDCCITMA rejects trademark allegations ahead of Niger Delta Summit

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The Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has dismissed allegations that it appropriated the Niger Delta Economic & Investment Summit (NDEIS) brand, insisting it lawfully obtained trademark acceptance for the name and will proceed with its 2026 summit as scheduled.

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In a statement issued on September 12, 2026, the chamber described claims by Kunle Nwiwa Junior as “cheap blackmail, misleading, mischievous and a misrepresentation of the facts,” maintaining that it independently developed the summit and followed all required regulatory procedures.

According to NDCCITMA, it applied for and received a Trademark Acceptance Letter for the name Niger Delta Economic & Investment Summit (NDEIS) in August 2025 under File No. NG/TM/O/2025/387284.

The chamber said the chronology of events contradicts allegations that it copied another party’s application, arguing that its trademark acceptance predated the period during which Nwiwa’s own application was reportedly still pending before the relevant authorities.

“Economic Summit” is a generic expression

NDCCITMA further argued that the phrase “Economic Summit” is a generic description widely used for conferences that bring together governments, investors, businesses, development institutions and other stakeholders to discuss investment and economic development.

The chamber maintained that while concepts may be widely used, legal protection only arises from recognised intellectual property rights, including duly registered trademarks and other enforceable proprietary interests.

It therefore rejected suggestions that any individual or organisation has exclusive ownership of the broader concept of an economic summit.

Court grants interim injunction

Addressing reports that the summit had been halted, NDCCITMA said the dispute is already before the Federal High Court in Port Harcourt and that there is no court order restraining the event.

The chamber disclosed that in Suit No. FHC/PHC/CS/57/2026, Justice Stephen Dalyop Pam granted an interim injunction restraining the defendants—Kunle Nwiwa Junior and Keneva Consult Ltd.—from interfering with the planned summit.

According to NDCCITMA, the court also directed the defendants to remove publications, notices, petitions, social media posts and other statements allegedly considered damaging to the chamber’s name, integrity and reputation pending the hearing of its motion for interlocutory injunction.

The matter has been adjourned until September 22, 2026 for further hearing.

Chamber rejects ₦500 million demand claim

NDCCITMA also alleged that it had received a demand from Nwiwa Junior requesting ₦500 million as a condition for abandoning his claims over the summit.

The chamber said the demand was rejected, adding that it subsequently petitioned the Inspector-General of Police over what it described as repeated harassment and threats directed at its officials.

It said the petition sought police intervention, including inviting the complainant for questioning and caution where necessary.

Summit opens September 15

Despite the legal dispute, NDCCITMA reaffirmed that the 2026 Niger Delta Economic & Investment Summit will hold from September 15 to 17, 2026, at the Obi Wali Conference Centre in Port Harcourt, Rivers State.

The summit will be held under the theme “Driving Investment, Innovation & Industrial Growth in the Niger Delta” and is expected to bring together policymakers, investors, business leaders, development partners and industry stakeholders to discuss economic transformation across the region.

The chamber said it remains committed to promoting commerce, industry, trade, mining, agriculture and sustainable economic development throughout the Niger Delta while allowing the courts to determine all outstanding legal issues.

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AICL Woos Ugandan Investors, Invites Them to ABIE 2027

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AICL asked Ugandan investors Nigeria to use Abuja as an entry point and to attend ABIE 2027, as officials from both countries pushed AfCFTA trade links

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Tinubu to Open Niger Delta Economic Summit in Port Harcourt

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Tinubu Niger Delta summit opens in Port Harcourt as investors and policymakers gather to drive investment, innovation and industrial growth

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