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Bank pledges support to Nigeria’s economic development



Parallex Bank Ltd. has reaffirmed its commitment to helping organisations and individuals in showcasing contributions of indigenous and non-indigenous communities to the country’s economic development.

The Managing Director of the bank, Dr Olufemi Bakre, expressed the commitment on Monday in Lagos at the International Food and Arts Festival, sponsored by the bank.

International Food and Arts Festival serves as a platform to celebrate the rich cultural diversity of indigenous and non-indigenous communities.

It was reported that the event was hosted by the Elevation Church for the second time and has the theme, “In Love and Harmony”.

Bakre was represented by Mr Ebenezer Komolafe, Head, Dedicated Banking, Parallex Bank,

He said the bank decided to sponsor the 2023 International Food and Arts Festival was because it aligns with Parallex Bank’s core values of collaboration and partnership.

The sponsorship, he said, reflected the bank’s commitment to enriching the lives of Nigerians.

He highlighted the bank’s belief in enhancing the quality of life for Nigerians through meaningful collaborations with various stakeholders.

Bakre also stressed the bank’s dedication to promoting diversity and inclusion both within Nigeria and globally.

The chief said that the bank had been actively supporting entrepreneurs, by facilitating mutually beneficial business relationships, enabling them to achieve their goals.

He said the bank remained committed to supporting platforms that empower Nigerians to express their creativity and lifestyle.

The Resident Pastor of Elevation Church Ikoyi, Pastor Kola Fayemi, highlighted the festival’s significance as a platform to celebrate unity and diversity within Nigeria and around the world.

He emphasised that the festival was about showcasing the creativity, not only of Nigerians but also of individuals from diverse backgrounds.

Commending the festival, the Governor of Lagos State, Babbajide Sanwo-Olu, represented by his Senior Special Adviser on Climate Change, Mrs Titi Oshodi, acknowledged the festival as a remarkable hub of creativity and unity.

Oshodi commended the festival for highlighting the uniqueness of Lagos as a center of talents and diverse culinary experiences.

She, therefore, encouraged participants to make the most of the enriching festival.

The International Food and Arts Festival featured contributions from various countries, including France, South Africa, China, Ghana, Zimbabwe, Lebanon, Jamaica, India, Sierra Leone, and Trinidad and Tobago.

pulse news

Lydia Ngwakwe

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.



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