business and economy
Breaking News Business & Economy Opinion

Fuel Subsidy: Nigeria Is Asking The Wrong Question BY EMMANUEL GEORGE NDOMA 

The real measure of subsidy removal is not a savings account. It is whether the fiscal space it creates produces a more productive and prosperous Nigeria. Every major economic reform leaves behind two conversations. The first asks what was lost. The second asks what was gained. In Nigeria’s case, much of the debate over fuel

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Breaking News Business & Economy

ICYMI: Cross River Assembly Reviews 2026 Supplementary Budget To N963.07bn

By Sylvia Akpan The Cross River State House of Assembly has approved an upward review of the 2026 Supplementary Appropriation Bill from nine hundred and sixty one billion, six hundred and twenty four million, forty seven thousand, two hundred and seventy five Naira, eight Kobo (N961,624,047,275.08) to Nine hundred and sixty three billion, seventy four

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Breaking News Business & Economy Opinion

Should Nigerians Take First Lady Oluremi Tinubu’s Akara, Kuli-Kuli And Corn Business Advice? BY REJOICE ETTAH

In recent days, Nigeria’s social and mainstream media have been awash with reactions to comments made by First Lady Oluremi Tinubu, in which she advised Nigerians to explore small-scale businesses such as making and selling akara (bean cakes), kuli-kuli (groundnut cakes), and roasted or boiled corn. The remarks came at a time when millions of

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Breaking News Education Opinion

OPINION: The Real Problem Isn’t The ‘Olodo’—It’s The System That Created It

In recent weeks, the word “Olodo” has dominated conversations across Nigerian social media. It is used to describe people perceived as lacking basic knowledge. While the memes and jokes generate laughter, they also expose a much deeper and more troubling reality: Nigeria is not suffering from an “Olodo” epidemic; it is suffering from a systemic

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Breaking News Business & Economy Opinion

Billions Outside The Budget: Counting Cross River’s Interventions Since May 2023 BY PETER AGI

Since Governor Bassey Otu took office on May 29, 2023, Cross River has operated with two financial tracks. The first is the Appropriation Law he signs in Calabar, which rose from N538 billion to N642 billion in 2025 after a N104 billion supplementary budget to cover counterpart obligations and shifting economic realities. The second track

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Breaking News Business & Economy

Fuel Scarcity: Recent Petrol Price Sparks Transport Fare Hike In Calabar As Commuters Blame Drivers, Iran War

By Kelvin Ololo Commuters in Calabar have raised concerns over rising transport fares following a sudden increase in the pump price of Premium Motor Spirit (PMS) better known as petrol, accusing some commercial drivers of exploiting the situation to impose arbitrary charges. The price adjustment began on Monday, March 9, 2026, when petrol, previously sold

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Breaking News Reports

Labour Threatens Indefinite Strike, Gives Governor Otu 7 Days Ultimatum

By Kelvin Ololo Organized Labour in Cross River State has issued a final seven-day ultimatum to Governor Bassey Otu, demanding the immediate resolution of long-standing labour disputes or risk an indefinite strike that could cripple public services across the state. The ultimatum, jointly signed by the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC)

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Breaking News Business & Economy Reports

We Must Promote Unity And Local Contents – Queen Marie Advocates

By Godwin Ajom A female traditional ruler in Eyong Abatim community, Odukpani Local Government Area of Cross River State, Obongawan Marie Ikpeme Erete (Aruk Ii), has called for unity amongst Nigerians and deliberate promotion of local contents, particularly cotton materials as a pathway to national prosperity. Obongawan Marie gave the advice while unfolding her efforts

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